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How does the Cash App's Bitcoin round-up feature work?

avatarHuxley NyaogaNov 29, 2021 · 3 years ago3 answers

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

How does the Cash App's Bitcoin round-up feature work?

3 answers

  • avatarNov 29, 2021 · 3 years ago
    Sure! The Bitcoin round-up feature on Cash App allows you to automatically invest your spare change from everyday purchases into Bitcoin. When you make a purchase using your linked debit or credit card, Cash App rounds up the total to the nearest dollar and invests the difference in Bitcoin. For example, if you spend $4.75 on a coffee, Cash App will round up the purchase to $5.00 and invest the remaining $0.25 in Bitcoin. It's a simple and convenient way to start accumulating Bitcoin without even noticing.
  • avatarNov 29, 2021 · 3 years ago
    The Cash App's Bitcoin round-up feature is a great way to passively invest in Bitcoin. 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. This feature is especially useful for those who want to start investing in Bitcoin but don't have a large amount of capital to begin with. It's a hassle-free way to enter the world of cryptocurrency.
  • avatarNov 29, 2021 · 3 years ago
    The Cash App's Bitcoin round-up feature is similar to other round-up investment apps, but with the added benefit of investing in Bitcoin. It's a simple and effective way to invest in Bitcoin without having to actively monitor the market or make large investments. The spare change from your everyday purchases can add up over time and potentially grow into a significant amount of Bitcoin. It's a great way to start building your cryptocurrency portfolio.