What are the steps to deposit cryptocurrencies into Cash App and convert them to cash?

1 answers

• Dec 17, 2021 · 3 years ago
  No problem at all! I'll guide you through the process of depositing cryptocurrencies into Cash App and converting them to cash step by step. 1. Start by opening the Cash App on your mobile device and logging in to your account. 2. Once logged in, navigate to the 'Investing' tab located at the bottom of the screen. 3. From there, choose the specific cryptocurrency you want to deposit, such as Bitcoin. 4. After selecting the cryptocurrency, tap on the 'Deposit' button. 5. You'll then be provided with a unique deposit address. Remember to copy this address. 6. Now, open your external cryptocurrency wallet and initiate a transfer to the address you copied. 7. Wait for the transaction to be confirmed on the blockchain. 8. Once the transaction is confirmed, the deposited cryptocurrency will appear in your Cash App balance. 9. To convert the cryptocurrency to cash, return to the 'Investing' tab. 10. Select the cryptocurrency you wish to convert. 11. Tap on the 'Sell' button. 12. Enter the amount you want to sell and confirm the transaction. 13. The cash equivalent will be added to your Cash App balance. That's it! You've successfully deposited cryptocurrencies into Cash App and converted them to cash.
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