Sending a Bitcoin payment is easier than ever with Cash App. With just a few taps of your finger, you can send money to friends and family, pay bills, and even make investments in the cryptocurrency market. In this step-by-step guide, we’ll show you how to send a Bitcoin payment using Cash App. We’ll cover everything from setting up your account to making your first Bitcoin transaction. By the end of this guide, you’ll be able to send Bitcoin with confidence and ease. So let’s get started and learn how to send bitcoins from Cash App.
How To Send Bitcoins From Cash App
- Open the Cash App and sign in.
- From the main menu, tap on Payments and then Bitcoin.
- If you don’t have a Bitcoin wallet yet, we recommend you create one before proceeding.
- Tap on the “Create Payment” button and input the recipient’s address. You can also enter a payment amount and choose a payment date.
- Next, choose how you would like to pay: with your bank account or credit card. If you’re using your bank account, you’ll need to provide your bank account number and routing number. You can also use Cash App to pay with your credit card by entering your card number and expiration date.
- Once you’ve input all of the necessary information, tap on “Send Payment.” You’ll now be taken to a confirmation screen where you can review your transaction details and click on “Send.”
- Once your payment has been sent, you’ll receive a notification in the app and the recipient will receive their payment in the near future. Congratulations, you’ve now sent your first Bitcoin payment!
Setting Up A Cash App Account
- Open the Cash App on your iPhone or Android device.
- If you don’t have an account already, sign up for a free account at cash.app.
- Once you have logged in, open the menu on the left and select Settings.
- Under the “Transactions” heading, tap on “Send Bitcoin”.
- On the next screen, you will need to input your wallet address and specify how much Bitcoin you want to send. You can also choose to send a fraction of a Bitcoin by entering a decimal value after the dollar symbol (e.g., 0.05). After inputting all of your information, hit “Next” to continue.
- On the next screen, you will be asked to confirm your transaction by tapping on “Send Bitcoin” again. Once your payment has been sent, you will see a confirmation message and a total transaction amount.
Activating Bitcoin In Cash App
- Open the Cash App and sign in.
- On the main screen, tap on the menu button in the top-left corner.
- Tap on Settings.
- Under “Transactions,” tap on Bitcoin.
- Enable Bitcoin and sign in to your account if required.
- To send a payment, tap on the “Send” button next to the person or thing you want to pay.
- Type in the amount you want to send and tap on “Send.”
- If you’re paying a bill, enter your creditor’s name and amount, then tap on “Next.” If you’re making an investment, enter the amount of bitcoin you want to invest and tap on “Next.” Tap on “Complete” when you’re done inputting information.
How To Receive Bitcoin Using Cash App
- Open the Cash App and sign in.
- From the main screen, tap on the menu button (three lines in a row on the top left).
- Tap on Payments and then on Bitcoin.
- On the Bitcoin payment screen, you’ll need to enter your payment information. This can include your address, recipient’s address, and amount of Bitcoin you want to send.
- Once you’ve entered all of your information, tap on Send.
- Your Bitcoin transaction will now be processed and you’ll be notified when it’s completed. Congratulations! You’ve successfully sent a Bitcoin payment using Cash App!
Cash App Fees
- To start, open the Cash App and sign in.
- On the menu bar, tap on Payments and then Bitcoin.
- On the Bitcoin payment screen, you’ll need to enter your recipient’s bitcoin address and hit Send.
- You’ll then be prompted to pay a fee for this transaction. Depending on the amount you send, this fee can be around 0.5% to 3%. So be sure to calculate this before sending your Bitcoins!
- Once you’ve entered your payment details and hit Send, your Bitcoin will be sent to your recipient’s address and they will now have access to their new cryptocurrency!
Cash App Security
- 1. Open the Cash App and sign in. If you don’t have an account, you can create one free of charge.
- Tap on the menu button in the upper-left corner of the app and select Settings.
- Under “Transactions,” tap on Bitcoin.
- On the “Bitcoin Transactions” screen, you’ll need to provide your Bitcoin address and your wallet password. You can also choose to encrypt your wallet if you want extra security.
- Next, you need to specify how much money you want to send in Bitcoin. You can either type in a specific amount or tap on the dollar ($) symbol to input a floating amount. Once you’ve entered the amount, hit Send Transaction.
- If everything goes according to plan, your Bitcoin payment should be processed within minutes and sent to your selected wallet address. Be sure to check the status of your payment by tapping on the Transactions tab and viewing the details for your specific transaction. If something goes wrong, be sure to contact Cash App support for assistance.
Alternatives To Cash App
- Venmo: Venmo is a popular app that allows users to make payments to friends and family. It’s also great for paying bills, transferring money to your bank account, and making everyday purchases.
- Square Cash: Square Cash is another app that allows you to make payments with your smartphone. It’s perfect for small transactions and can be used for a variety of purposes, including paying bills, buying goods, and making investments.
- WePay: WePay is a payment platform that allows you to send and receive payments from friends and family. It’s also great for making everyday purchases and paying your bills.
- Bitcoin: Bitcoin is a digital currency that’s growing in popularity. It’s perfect for making investments and can be used to purchase goods and services.
Conclusion
Sending a Bitcoin payment with Cash App is easy and convenient. By following these simple steps, you will be able to send money to your friends and family in no time. So go ahead and give it a try!