There’s hardly any digital banking enthusiast who hasn’t stumbled on Cash App due to its popularity across the world. But do you know that you can buy crypto assets using your Cash App account? Cash App has made digital investment more accessible as users can buy crypto within the app or other methods using their accounts. Study this guide to learn the best way to leverage the Cash App to buy Bitcoin and crypto.
Can I Buy Bitcoin and Crypto With Cash App?
Yes, you can buy Bitcoin and crypto with Cash App. For easier access, users can buy cryptocurrencies within the Cash App platform, but this is limited to only BTC. Several exchanges also support Cash App, so users can purchase BTC and other crypto assets using Cash App as their payment method. Exchanges like Bitget integrate the Cash App as a payment option in the P2P trading section.
This means that you can trade directly with a human crypto seller on the Bitget exchange using Cash App as your third-party payment method. To begin, create a Bitget account and complete the mandatory KYC prompts to access Bitget P2P services. Also, fund your Cash App account with enough money to pay for the crypto assets you want to buy.
How to Buy Bitcoin and Crypto Using Cash App on Bitget
Bitget P2P is a fast, secure way to buy cryptocurrencies on the Bitget exchange. It lets you connect with sellers supporting Cash App transfers to pay for crypto transactions. Follow the steps below to purchase Bitcoin and other crypto using Cash App on Bitget P2P:
- Log in to your newly created Bitget account and select P2P from the list of services.
- In the Buy section, choose the cryptocurrency you wish to buy (BTC, ETH, etc.) and set your preferred trading currency.
- Use the Method drop-down to filter payment methods. Next, search for and select Cashapp from the list of available payment methods.
- Browse the list of sellers and choose one with a high reputation and reasonable rates. Then, proceed to initiate a trade with the seller by specifying the amount of crypto you want to purchase.
- Send the agreed-upon amount to the seller’s Cash App account using the Cash App transfer feature. Head back to Bitget to confirm payment to complete the process.
Once the seller receives the receipt of your payment, the crypto will be sent to your account. The process usually takes about 3-10 minutes to complete, and you may need to refresh the Bitget asset section to find your crypto.
Fees When Buying Bitcoin and Crypto With Cash App
Cash App charges fees on in-app Bitcoin purchases, which are displayed before you complete the purchase. These fees typically include a service fee and volatility fee based on price fluctuations. However, Bitget P2P is void of extra fees—you can buy Bitcoin and crypto for free on the Bitget exchange using the Cash App payment method. Sellers may, however, set their rates slightly above the market price to make profits.
About Cash App
Launched in 2013 by Block Inc., Cash App is a mobile payment platform that allows users to transfer money, pay bills, and control their funds on the go. It is popular in the US and beyond, thanks to its intuitive interface and advanced banking services. Cash App also offers users a secure gateway to purchase cryptocurrencies like BTC on the app and other assets on supported exchanges like Bitget. It is a great digital banking solution for both personal and business transactions.
Bottom Line
The best way to buy Bitcoin and crypto using Cash App is through Bitget P2P. It provides a wider range of crypto assets to purchase with no extra transaction fees attached. Cash App also provides in-app BTC purchases, creating a smooth transition into crypto trading for beginners. Simply follow the steps highlighted above to get started.
