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How to Buy and Sell Bitcoin (BTC) with Cash App

First you have to download the Cash App from the Android or Apple app store. Download Here

Need To Deposit BTC Into Your Cash App? Click Here!

To Buy Bitcoin (BTC) in Cash App:

1. Open your Cash App, select Cash & BTC or the dollar amount at the top of your screen.

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2. You can swipe left or select the BTC symbol in the upper right-hand corner.

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3. Select Buy, you can use the slider or swipe up to enter the amount you’d like to purchase. Press Buy BTC.

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4. Enter your Cash pin or use your Touch ID for security. Press Confirm.

Note: Before you can purchase Bitcoin (BTC) Cash App will pull money into your balance. They may require you to enter some additional identification information.

 

To Sell Your Bitcoin (BTC) in Cash App:

1. Open your Cash App, select Cash & BTC or the dollar amount at the top of your screen.

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2. You can swipe left or select the BTC symbol in the upper right-hand corner.

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3. Select Sell, you can use the slider or swipe up to enter the amount you’d like to sell. Press Sell BTC.

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4. Enter your Cash pin or use your Touch ID for security. Press Confirm.

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FAQ

How much does buying and selling Bitcoin cost?

Cash App does not charge an additional percentage or fixed dollar amount. They use a price calculated from the quoted mid-market price, inclusive of a margin or speed. The mid-market price is a combined price of BTC across major exchanges to give the user an average price.

Note:  When you buy Bitcoin (BTC) from Cash App, the margin may differ from when you sell Bitcoin (BTC) to Cash App. The price and margin may also be different from other exchanges/marketplace.

 

Can you send Bitcoin (BTC) to an External Wallet?

Yes! To withdraw your Bitcoin to an external wallet follow the steps below:

  • Open your Cash App, Select the profile icon in the upper-left.
  • Scroll to Funds and Select Bitcoin.
  • Before you can withdraw your funds, you will need to verify your Identity.
  • Once you’ve verified your identity, Select “Transfer Out” and Press Confirm.
  • Scan the QR code from your external wallet or select “Use Wallet Address” at the bottom of your screen.
  • Press Confirm.

Note: Once you’ve processed your withdrawal in Cash App, your Bitcoin (BTC) will be sent to your external wallet. Transfering Bitcoin (BTC) can take time, so please allow up to a few hours for the transfer to complete.

 

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Bitcoin

$19 million worth of Bitcoin (BTC) seized in dark web drug probe

The U.S. government has seized $19 million worth of BTC from a drug trafficker, who allegedly laundered funds through the cryptocurrency on the original dark web marketplace known as “Silk Road.”

The U.S. Attorney’s Office for the Southern District of New York announced the news on Thursday, saying that the trafficker, Hugh Brian Haney, 60, was arrested near Columbus, Ohio. In 2017 and 2018, Haney allegedly transferred bitcoins representing drug proceeds he had earned through Silk Road to an account held at a company involved in the exchange of bitcoin and other cryptocurrencies. He claimed falsely that the source of these bitcoins was from mining.

Haney is charged with one count of concealment money laundering and one count of engaging in a financial transaction in a criminally derived property. The former count carries a maximum jail term of 20 years, while the latter a maximum term of 10 years.

Homeland Security Investigations (HSI) special agent-in-charge Angel M. Melendez said:

“HSI special agents employed blockchain analytics to uncover and seize bitcoins valued at $19 million and usher Haney out of the dark web shadows to face justice in the Southern District of New York.”

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Bitcoin

“Cryptocurrency is a great idea” – Ron Paul

During a recent “Squawk Alley” interview, Former Republican congressman and presidential candidate, Ron Paul- discusses how he is in favor of cryptocurrencies as well as block change technology. Apparently, he enjoys competing currencies and believes they are a good idea. 

He also believes that the governments only have the right to step in to prevent fraud from taking place. In the interview, Paul states that, “the government has a role. And if somebody has a case that there is fraud, I think it should be investigated.” Paul then goes on to state that what he wants to do “is legalize the freedom of choice, absent blatant fraud.” Agreeably so, this is exactly the type of perspective that the crypto world needs.

Throughout the interview, Paul compares crypto to gold in many ways. He points out how both assets are competing with traditional fiat money. He discusses how our government has never been “very tolerant of competition, and they’re not even tolerant with using the Constitution to compete with the fiat dollar. Because gold and silver, you can’t use it.” 

This isn’t the first time that Ron Paul has discussed his views on crypto. Back in 2014, the Former Republican Congressman displayed his concerns about the foundation of crypto and Bitcoin. However, he acquired a bearish pro-crypto outlook on the future of fiat money. Paul believes that the dollar won’t last long as “they all self-destruct.” According to Paul, the only competition for the dollar is the euro and yen- which “isn’t any good.”

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Altcoin

33 CryptoCurrencies In 4 Words Or Less

We put together this list to describe the top cryptocurrencies that are worth your time in 2019.

Each gets four words. There are many!

Hopefully this provides orientation.

Scroll Down To View An Awesome Infographic from MrBtc.org!

 

Name            | Sym.  | Description                              
----------------|-------|------------------------------------------
Bitcoin         | BTC   | Digital gold                             
Ethereum        | ETH   | Programmable contracts and money         
Bitcoin Cash    | BCH   | Bitcoin clone                            
Ripple          | XRP   | Enterprise payment settlement network    
Litecoin        | LTC   | Faster Bitcoin                           
Dash            | DASH  | Privacy-focused Bitcoin clone            
NEO             | NEO   | Chinese-market Ethereum                  
NEM             | XEM   | Batteries-included digital assets        
Monero          | XMR   | Private digital cash                     
Ethereum Classic| ETC   | Ethereum clone                           
IOTA            | MIOTA | Internet-of-things payments              
Qtum            | QTUM  | Ethereum contracts on Bitcoin            
OmiseGO         | OMG   | Banking, remittance, and exchange        
Zcash           | ZEC   | Private digital cash                     
Lisk            | LSK   | Decentralized applications in JavaScript 
Cardano         | ADA   | Layered currency and contracts           
Tether          | USDT  | Price = 1 USD                            
Stellar Lumens  | XLM   | Digital IOUs                             
EOS             | EOS   | Decentralized applications on WebAssembly
Stratis         | STRAT | Decentralized applications in C#         
Electroneum     | ETN   | Monero clone                             
Bytecoin        | BCN   | Privacy-focused cryptocurrency           
Ardor           | ARDR  | Blockchain for spawning blockchains      
Binance Coin    | BNB   | Pay Binance exchange fees                
Augur           | REP   | Decentralized prediction market          
Decred          | DCR   | Bitcoin with alternative governance      
TenX            | PAY   | Cryptocurrency credit card               
BitShares       | BTS   | Decentralized exchange                   
Golem           | GNT   | Rent other people's computers            
PIVX            | PIVX  | Inflationary Dash clone                  
TRON            | TRX   | In-app-purchases                         
Vertcoin        | VTC   | Bitcoin clone                            
MonaCoin        | MONA  | Japanese Dogecoin


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