common-close-0
BYDFi
Trade wherever you are!

How does the Cash App Bitcoin round up feature work?

avatarsagar 1111Dec 16, 2021 · 3 years ago3 answers

Can you explain how the Cash App Bitcoin round up feature works? I'm interested in understanding how it rounds up my purchases and invests the spare change in Bitcoin.

How does the Cash App Bitcoin round up feature work?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Sure! The Cash App Bitcoin round up feature allows you to link your debit or credit card to your Cash App account. When you make a purchase using your linked card, the app automatically rounds up the transaction to the nearest dollar. The spare change is then invested in Bitcoin. For example, if you make a purchase for $4.75, the app will round up the transaction to $5 and invest the extra $0.25 in Bitcoin. It's a convenient way to passively invest in Bitcoin while making everyday purchases.
  • avatarDec 16, 2021 · 3 years ago
    The Cash App Bitcoin round up feature is a great way to start investing in Bitcoin without having to actively manage your investments. By rounding up your purchases, you can gradually accumulate Bitcoin over time. It's like a digital piggy bank that automatically invests your spare change. Plus, it's a hassle-free way to get started in the world of cryptocurrencies.
  • avatarDec 16, 2021 · 3 years ago
    With the Cash App Bitcoin round up feature, you can effortlessly invest in Bitcoin without even realizing it. The spare change from your everyday purchases adds up over time and gets invested in Bitcoin. It's a simple and convenient way to grow your Bitcoin holdings without having to actively trade or monitor the market. Just set it up once and let the app do the rest for you.