How does the cash out button work for cryptocurrency on Cash App?

Can you explain how the cash out button works for cryptocurrency on Cash App? I'm new to using the app and I'm not sure how to cash out my cryptocurrency holdings.

3 answers
- Sure! When you want to cash out your cryptocurrency on Cash App, you can simply follow these steps: 1. Open the Cash App and go to the 'Investing' tab. 2. Select the cryptocurrency you want to cash out. 3. Tap on the 'Sell' button. 4. Enter the amount of cryptocurrency you want to sell. 5. Review the details and tap on the 'Sell' button again to confirm. 6. The cash equivalent of your cryptocurrency will be added to your Cash App balance, which you can then transfer to your linked bank account. It's important to note that there may be fees associated with selling cryptocurrency on Cash App, so make sure to review the fee structure before proceeding.
Mar 01, 2022 · 3 years ago
- No problem! To cash out your cryptocurrency on Cash App, you'll need to follow these steps: 1. Open the Cash App and navigate to the 'Investing' section. 2. Choose the specific cryptocurrency you want to cash out. 3. Tap on the 'Sell' button. 4. Enter the amount of cryptocurrency you wish to sell. 5. Review the transaction details and confirm the sale. 6. The cash value of your cryptocurrency will be credited to your Cash App balance, which you can then transfer to your linked bank account. Keep in mind that there may be fees associated with selling cryptocurrency on Cash App, so it's a good idea to check the fee structure beforehand.
Mar 01, 2022 · 3 years ago
- Certainly! Here's how you can cash out your cryptocurrency on Cash App: 1. Open the Cash App and go to the 'Investing' tab. 2. Select the cryptocurrency you want to cash out. 3. Tap on the 'Sell' button. 4. Enter the amount of cryptocurrency you want to sell. 5. Review the details and confirm the sale. 6. The cash equivalent of your cryptocurrency will be added to your Cash App balance, which you can then transfer to your linked bank account. Please note that there may be fees associated with selling cryptocurrency on Cash App, so it's important to review the fee structure beforehand. If you have any further questions, feel free to ask!
Mar 01, 2022 · 3 years ago
Related Tags
Hot Questions
- 88
What are the best digital currencies to invest in right now?
- 78
What is the future of blockchain technology?
- 75
How does cryptocurrency affect my tax return?
- 72
How can I protect my digital assets from hackers?
- 39
What are the tax implications of using cryptocurrency?
- 39
What are the advantages of using cryptocurrency for online transactions?
- 35
Are there any special tax rules for crypto investors?
- 30
How can I buy Bitcoin with a credit card?