Square Adds Bitcoin Buying for More Cash App Users! What Does This Mean?
The popular Cash App is rolling out the ability to buy and sell bitcoin to more users of its popular Cash App.
The company announced today that, following news last year that it was testing the feature with a limited number of users, the option is being expanded further. That said, users in the U.S. states New York, Georgia, Hawaii and Wyoming – which have more restrictive regulations around the brokering of cryptocurrencies – won't be able to access the option just yet.
The app allows users to send money to their friends and family App to App.
The company began trialing the bitcoin buy option last November, letting select users buy or sell bitcoin through their accounts. I was one of them!
On Wednesday, Square chief executive Jack Dorsey tweeted that Cash App offers "instant buying (and selling if you don't want to hodl)."
Then he pretty much says that it is just the being!
What does that mean? To me, that they will add more cryptocurrencys once they get bitcoin going strong!
Information from https://www.coindesk.com/square-adds-bitcoin-buying-cash-app-users/
dont use copyright content dear @presidentslabber
I Rewrote alot of it to avoid copyright, but i would love to get your opinion. @kelvinrock
supposedly without fee too. this is amazing and now my go to. see ya later coinbase.
there is a small fee and it works the same as coinbase you have to by a little above asking price and sale a little lower.
Upvoted ☝ Have a great day!
thank you @hotpacks i really appreciate it