[2018-02-01] Square Cash App Allows All Users to Buy Bitcoin

[Rick Nolan]

Square Cash payments company announced that all users except those in New York, Georgia, Hawaii, or Wyoming have access to bitcoin trading in their app. Users can buy up to $10,000 worth of bitcoin and deposit it from other addresses. The app doesn’t have a fee for purchases, but the sale price will be a mid-market price averaged from different exchanges.

Source: https://hype.codes/square-cash-app-allows-all-users-buy-bitcoin

Have you ever used Square Cash app?

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[rodel caling]

Oh great news I really happy if i heard good news for bitcoin, this is indication and signs bitcoin goes stand up again in the market because by the help of some companies supporting bitcoin.

[BitMaxz]

I have experienced using square cash before I'm using it for marketing purposes but they locked my account that has $10 USD remaining.

Anyway, did you try to deposit bitcoins there?

Edit: it seems they not support it yet https://cash.app/help/us/en-us/3107-deposit-bitcoin-into-cash-app

[shamc]

We have to thank jack Dorsey for being a true advocate for bitcoin, even more so than elon musk who hasn't done much in crypto. Square is a great app, this is good news

[Woodie]

Great news for the crypto community as this makes acquiring crypto easy to all and a step closer to  worldwide crypto adoption.

But on the flip side reading the most recent reviews from Google play about the app https://play.google.com/store/apps/details?id=com.squareup.cash&hl=en i would say proceed with caution, use with small amounts for a start...just to be safe

[CryptoBry]

Square Cash payments company announced that all users except those in New York, Georgia, Hawaii, or Wyoming have access to bitcoin trading in their app. Users can buy up to $10,000 worth of bitcoin and deposit it from other addresses. The app doesn’t have a fee for purchases, but the sale price will be a mid-market price averaged from different exchanges.

Source: https://hype.codes/square-cash-app-allows-all-users-buy-bitcoin

Have you ever used Square Cash app?

Service providers are right now ramping up with their offerings so as to entice more and more users to get involved with Bitcoin and other cryptocurrencies. I have not yet used Square Cash app but this is interesting and I am really curious to know if this is a good company to deal with. There is now a big demand for the same service and soon customers or users will be the real winners with this development.

[1Referee]

We have to thank jack Dorsey for being a true advocate for bitcoin, even more so than elon musk who hasn't done much in crypto. Square is a great app, this is good news

Not sure why you have to bring up Elon Musk? He hasn't ever expressed his interest in crypto other than a few Tweets people jump on like a bunch of hyenas and scream moon time afterwards. Elon Musk is busy doing other things, which actually improve the world and help potentially explore worlds outside our own.

Con artists like John McAfee haven't done much in crypto at all other than scam innocent people by promoting and pumping scams.

[tyz]

Square’s Skyrocketing Bitcoin Sales Prove Retail Investors Are All In
https://www.ccn.com/squares-bitcoin-sales-retail-investors

The fact that Square's profits have been increasing since Q1 2018 shows that even in the bear phase retail demand has been rising steadily. This is a good sign and should strengthen massively in the next bull run.