How to use Square's Cash App for bitcoin?

Using Cash App For Bitcoin Square’s Cash app lets you instantly buy, sell, store, withdraw, and deposit Bitcoin. Thus, Square’s Cash app doubles as a simple Bitcoin exchange and custodial wallet. To buy or sell Bitcoin using Cash App, go to the investing portion of the app, click on Bitcoin, and then hit the buy or sell button.

Can you get Bitcoin back on Cash App?

Cash App, the cash-transferal app of payments giant Square, is now allowing customers to get bitcoin back on every transaction. Previously, Cash App had only allowed clients to get U.S. currency back on transactions.

How much bitcoin did Cash App generate in Q3?

In November, in the company’s Q3 earnings report Square said Cash App generated $1.63 billion of bitcoin revenue, up 11 times from the year-ago period. The move is another sign of the growing mainstream acceptance of bitcoin and the increasing importance of the leading cryptocurrency to Cash App and to its parent.

How much has bitcoin boosted square's business?

This paints an impressive picture of how much Bitcoin has bolstered Square’s business, as well as how popular the cryptocurrency has become on the Fintech payment platform. Square reported a year-end profit of $8 million on $516 million in yearly Bitcoin revenue.