If you are using the cash app you can buy the Bitcoin using this application. But to do that you have to meet certain requirements like you should be above 18 years of age. Moreover, you must be the age of majority in their residence state, or older in order to use the service.
Apart from that you should also a resident of the U.S. and use these services in the U.S. Lastly, those who want to buy Bitcoin with Cash App must be individual persons and not entities, meaning that the service should be used for personal use only. And to know how to buy Bitcoin using the cash app you can find the stepwise details below.
Steps to Buy Bitcoin on Cash App:
To start buying the Bitcoin on cash app you need to do is make sure that you have a device for the Cash App and then you’re ready to buy Bitcoin and follow the steps given below.
Step 1: First of all go to Google Play or the Apple App Store and Download it once you find it.
Step 2: Now enter your email address or your phone number to sign up.
Step 3: Here you need to add a debit card or your bank account to your Cash App account.
Step 4: At this stage enter your first and last name.
Step 5: Now select a Cashtag that will be your username, which is going to be unique, and you need it in order to be able to receive funds. Besides, you can also get a referral code here.
Note: The referral code can be given to a friend or family member, so you can receive a bonus when they sign up using it.
Step 6: Now enter your address details and must add funds to your Cash App account, or else you will not be able to purchase Bitcoin.
Step 7: Now go to the home screen and choose Add Cash, after which you can select how much you want to add.
Step 8: Now you need to confirm your name, social security number, birth date, and home address.
Step 9: Now you are ready to add funds to your balance once you load all these details.
Step 10: Now go to the home screen and choose the suitable Bitcoin option from under Deposits & Transfers.
Step 11: After that, select the “Enable Withdrawals and Deposits” option. Cash App will now ask for some extra information.
Step 12: This includes your email address, as well as your reasons for purchasing Bitcoin.
Now it will also ask you some questions like you income and your employment. Here you have to scan both sides of a state ID or your driver’s license in order to verify your identity. Finally, take a photo of your face but make sure you’re in a well-lit area and take a clear picture.
However, you have to do afterward is wait up to 48 hours to process the I.D. for verification. Until this is done, you will see a “verification in progress” message. And wait till the verification process done and follow the steps further to buy the Bitcoin from cash app.
Once the verification is finished, go to the “Investing” section. This will allow you to choose stocks or Bitcoin. Obviously, choose Bitcoin, after which a price chart of the recent performance will pop up. A BUY button will be there as well.
Step 1: Tap on “Buy” and you will be able to pay the amount for the Bitcoin at once, or you can set up recurring purchases. After selecting an amount, you should tap “Next” and then “Confirm”.
Step 2: When you reach the confirmation screen, there will be an order overview. Look over it and tap confirm if everything is okay and select “Done” when it’s processed.
Call Bitcoin Customer Service Number for Help
Here yow need to the Home tab and see your Bitcoin amount. And to deposit or withdraw Bitcoin, you will have a user’s wallet address displayed. You can withdraw the money to a personal wallet, and you don’t have to trust a third party with your Bitcoin. And if you need any kind of help you can call Bitcoin customer Service number to take help from the experts and resolve the problems.