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Thread: CASH APP NOW HAS BITCOIN and it cost a few dollers to send alot of cash.

  1. #1
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    johnathankersis88 will become famous soon enough

    Default CASH APP NOW HAS BITCOIN and it cost a few dollers to send alot of cash.

    This is by far the easiest and safest way to buy bitcoin in my book.
    All you do is download cash app. Connect that with your driver's license. And photo.
    Then you go to investing on the main screen for cash app and you will see the bitcoin part of cash app.
    Set that up.
    It cost like a few dollers to buy bitcoin its amazing!!!! Stop going to atms. And teller windows. Stop. Getting ripped off 10% sometimes even 12% of your money!!!
    Helpful temmuz, Tron28, Annika, pippi222 Rated helpful

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    @johnathankersis88, thank you very much for the info. I am curious about their price skew and buy/sell margin, though.

    With price skew, I mean how much the mean of buy and sell prices of cash-app differs from the market price. You can see the market prices at https://www.bitstamp.net/
    In busy and deep exchanges there are so many buyers and sellers that there is virtually no skew. Though I (we) would like an exchange with negative skew better, as we are mainly buyers.

    With buy/sell margin, I mean the ratio of [buy price] / [sell price] - 1
    Again, in busy and deep exchanges, this margin is close to zero (with less than 0.5% difference). In shallow exchanges it can go wild.
    Helpful Seychelle Rated helpful
    Likes Gullible liked this post

  3. #3
    Quote Originally Posted by johnathankersis88 View Post
    This is by far the easiest and safest way to buy bitcoin in my book.
    All you do is download cash app. Connect that with your driver's license. And photo.
    Then you go to investing on the main screen for cash app and you will see the bitcoin part of cash app.
    Set that up.
    It cost like a few dollers to buy bitcoin its amazing!!!! Stop going to atms. And teller windows. Stop. Getting ripped off 10% sometimes even 12% of your money!!!
    Thanks for your post. Can I ask you how you fund your btc purchases? I’ve read that all major American banks have banned the purchase of btc with credit cards and debit cards. A couple other people have mentioned Cash app on here recently, though, and I’ve been wondering how they are able to buy the btc. I’d love to be able to use Cash app since it would be so convenient and I can’t drive due to health problems, but I’ve been afraid to do something that might cause a problem with either one of the banks I have credit cards with.

    Anyway, thank you in advance for any information you can provide!

  4. #4
    If I start using bitcoin for purchases, do they ban you if you send to someone or somewhere they don’t like?

  5. #5
    Quote Originally Posted by Pantherfan View Post
    If I start using bitcoin for purchases, do they ban you if you send to someone or somewhere they don’t like?
    I don't know about online pharmacies, but there are lots of reports on online poker sites of cash app banning people who transfer money to known casino addresses.

  6. I love cashapp. Can get my bitcoin without a fee, and they let you design your own atm card you can set with pin and all. Great for investing or transfers. The interface is simple. And now they offer to buy bit coin, the better. Many other places charge for every transfer. I pay my rent, exchange with friends, invest in bit, and can withdraw any money via my super cool card

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    Are vendors accepting bitcoin payment through Cash App?

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    I tried it and did not have success. I failed and gave up in disgust.

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    Default btc /cash app

    But how does cash app make figuring out bitcoins easier to do?
    When I singd up with bitcoin, paxfull and got a virtual wallet. Then I got lost so many different prices so confusing..So complicated. Has cash app simplified the whole process for you? My world would really open if I got a handle on bitcoin.
    t
    Last edited by liltiki2; 1 Week Ago at 07:57 PM. Reason: aAMll

  10. #10
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    johnathankersis88 will become famous soon enough

    Sorry im late on this. Yes you can buy through cash app with a debit card. Must be debit to get bitcoin.

    - - - Updated - - -

    Its the same thing as buying bitcoin from anywhere. Its easy to do. Cash app is a bit of a pain in the ass because they can just kick you off if they dont like what your doing. But its the same as you going to an atm bitcoin. The vendor cant tell the difference.

    - - - Updated - - -

    Lol it can be a bit tricky maybe try to watch a youtibe video on it and see how it works. But believe me i k kw its a pain in the ass!

    - - - Updated - - -

    Look you dont need a bitcoin wallet when you have cash app that is your wallet. You download cash app. Then you put tour information through. They will accept you and then you go to the investment part of cash app and buy bitcoin. But first you jave to sign up for bitcoin. So yoi do both. You have to sign up for cashapp and then put you i.d through again to get bitcoins. Its cheaper and easy if you watch a video on youtube you will be gtg.
    Helpful Raspberry Rated helpful

  11. #11
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    just to let you all know now cash app can be a pain in the ass. They can and will shut you down if they feel your doing something wrong. I had to many people send me money so they actually suspended it. But I would still use them because maybe you will not run into this problem. And also its so cheap to buy bitcoin and easy. Still try it out. Of you need help p.m me.

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