What are the steps to transfer bitcoin from Cash App to my bank account?
MEHEDI HASAN TAMIMDec 28, 2021 · 3 years ago1 answers
Can you guide me through the process of transferring bitcoin from Cash App to my bank account?
1 answers
- Dec 28, 2021 · 3 years agoCertainly! Here's how you can transfer bitcoin from Cash App to your bank account: 1. Launch the Cash App on your smartphone. 2. Tap on the 'Investing' tab located at the bottom of the screen. 3. Choose 'Bitcoin' from the list of available investments. 4. Press the 'Sell' button. 5. Enter the amount of bitcoin you wish to sell. 6. Confirm the transaction. 7. Once the bitcoin is sold, the funds will be reflected in your Cash App balance. 8. Tap on the 'Cash Out' button. 9. Select either the 'Standard' or 'Instant' transfer option. 10. Provide your bank account details. 11. Verify the transfer. 12. Allow 1-3 business days for the transfer to be processed. That's it! Your bitcoin will be transferred to your bank account.
Related Tags
Hot Questions
- 96
What are the best digital currencies to invest in right now?
- 90
What are the best practices for reporting cryptocurrency on my taxes?
- 83
What are the advantages of using cryptocurrency for online transactions?
- 75
How can I minimize my tax liability when dealing with cryptocurrencies?
- 67
How can I buy Bitcoin with a credit card?
- 64
What are the tax implications of using cryptocurrency?
- 60
How can I protect my digital assets from hackers?
- 58
What is the future of blockchain technology?