Step By Step Instructions To Cash Out Bitcoin On The Cash App
Are you looking for user-friendly ways to cash out bitcoin? Well, your solution is Cash App! It is one of the popular mobile payment applications and stockbroker, enabling the user to buy and sell bitcoin without difficulty. Cash App was developed by Square financial services company in 2013. Remember that the cash app only provides the BTC, which is perfectly suitable for the bitcoin trader. In this post, you can learn how to cash out bitcoin on cash app .
In the Cash app, the user can link with the bank to use a credit card like American Express, Visa and MasterCard to sell or buy bitcoin. In addition, this app enables the user to pay for services or products through cryptocurrency. Now, many merchants are accepting crypto as payment methods. But all users should have an email ID, mobile number and other essential details to transfer funds to recipients.
• Support Android and iOS device
How do you cash out BTC on the cash app?
It is familiar that people desire to pay out the BTC from their wallets after purchasing cryptocurrency. The new user does not know how to pay out BTC on the Cash app. Here are some steps that you should follow to pay out bitcoin from the Cash app.
• Go to the Banking section
First, you should open the cash app. There are many tabs on the home screen. Thus, you can click on the banking tab to make a withdrawal of bitcoin. It will take you to the next screen.
• Choose BTC
You need to select the cryptocurrency to cash out from the app. Choose Bitcoin Withdraw options.
• Select payment method
After choosing BTC withdrawal, you will find two options use BTC wallet address and scan QR code. You can enter the address on the specific box if you have a wallet address. Scanning the QR code is easy if the BTC wallet is on the desktop. You can choose the method at your convenience and choice. Those who do not have a crypto wallet can grab one effortlessly. You can use the hardware wallet to store them securely offline if you have a lot of bitcoin.
Finally, you can enter the PIN you used to log in to the cash app to finish the withdrawal process. Many people don't like this step, but it is good to avoid fund losses. Nobody can access your cryptocurrency without your approval. You should have a 0.0001 bitcoin account balance to pay out crypto. You can withdraw up to fifty thousand dollars per week. The process of withdrawing to an external wallet takes up to forty minutes and is hassle-free.