How to Get Your Money Out of Bitcoin on Cash App?
Managing digital assets efficiently is crucial for any investor. If you’ve bought Bitcoin through Cash App and are ready to convert your crypto into cash, the process is simple but must be followed precisely. In this guide, we will walk you through the complete process of withdrawing money from Bitcoin on Cash App and transferring it to your bank account with step-by-step precision.
Understanding Cash App's Bitcoin System
Before diving into the withdrawal process, it’s essential to grasp how Bitcoin works within the Cash App ecosystem.
Cash App is not only a peer-to-peer payment platform—it also acts as a crypto trading interface, allowing users to buy, sell, and hold Bitcoin directly. However, Bitcoin stored in Cash App is different from traditional bank balances, and withdrawing it means selling the Bitcoin for fiat (USD) and transferring it to your linked bank account.
Step-by-Step Guide to Sell Bitcoin on Cash App1. Open Cash App and Navigate to the Bitcoin Section
- Launch the Cash App on your device.
- Tap the “Investing” icon at the bottom navigation bar.
- Select Bitcoin from the top menu.
- Tap on "Sell" to begin converting your Bitcoin into cash.
2. Choose the Amount of Bitcoin to Sell
- You can either pick a preset amount (e.g., $10, $50, $100) or tap “…” to enter a custom amount.
- Cash App shows a real-time price of Bitcoin, allowing you to review the USD equivalent before finalizing.
- Tap “Next” and then “Confirm” to sell your Bitcoin.
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