How to Buy Bitcoin with Cash App
Cash App is an online wallet and payment app that enables you to instantly send and receive money to family and friends. It also enables you to accept mobile and card payments for your business and transfer funds to your bank account.
On Paxful’s peer-to-peer marketplace, you can now buy Bitcoin with Cash App. Just follow these steps to get your BTC:
- Log in to Paxful – Sign in to your Paxful account or create a new one. Signing up on Paxful entitles you to your own Bitcoin wallet at no extra cost.
- Select your mode of payment – Choose Cash App as the payment method to bring up a list of all offers accepting this payment method. You can also enter the amount you are willing to spend to filter out unrelated offers. Want to know how much in Bitcoin you’ll get? Try our Bitcoin calculator.
- Find a good offer – Browse the list of offers and be sure to perform a background check. Consider the availability, reputation scores, trade history of the seller, and other such factors. Once you find a good offer that seems satisfactory, review the terms of the vendor carefully before beginning the trade.
- Accept the terms and start the trade – When buying Bitcoin with Cash App, always prepare your $Cashtag and proof of payment to ensure a smooth transaction. Some vendors may also want you to submit a copy of your ID card and other documents to verify your identity. So be prepared for such requests. Once the trade starts, follow the instructions from the vendor. Note that Paxful employs an escrow system that holds the seller’s Bitcoin until the transaction is finished to protect you from potential scams. Once the trade is completed successfully, you’ll receive the Bitcoin directly in your Paxful wallet.
Here at Paxful, we make it easy and safe to buy BTC with Cash App. To learn more about purchasing Bitcoin on our platform, feel free to check our knowledge base or reach out to our support team.