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How to Buy Bitcoin on Cash App and Send to Another Wallet

Learn the step-by-step process of buying Bitcoin on Cash App and transferring it to a different wallet for safekeeping or trading.
2024-04-18 12:20:00share

Are you interested in investing in Bitcoin but unsure of how to get started? Cash App makes it easy to buy and sell Bitcoin with just a few taps on your smartphone. In this guide, we will walk you through the process of purchasing Bitcoin on Cash App and then transferring it to another wallet for added security or convenience.

First things first, you'll need to download the Cash App on your mobile device and create an account. Once you have successfully set up your account, you can start buying Bitcoin. Here's how:

Step 1: Add Funds to Your Cash App Account

Before you can purchase Bitcoin, you'll need to add funds to your Cash App account. You can do this by linking a bank account or debit card to your Cash App profile. Once the funds are transferred, you'll be ready to buy Bitcoin.

Step 2: Buy Bitcoin on Cash App

To buy Bitcoin on Cash App, simply tap on the 'Investing' tab and select 'Bitcoin.' Enter the amount you wish to purchase, review the transaction details, and confirm the buy order. Cash App will now use your available funds to buy Bitcoin at the current market price.

Step 3: Transfer Bitcoin to Another Wallet

Now that you have bought Bitcoin on Cash App, you may want to transfer it to a different wallet for added security or to access advanced trading features. Here's how you can send Bitcoin to another wallet:

  1. Open your Cash App and navigate to the 'Bitcoin' tab.
  2. Tap on 'Withdraw Bitcoin' and enter the amount you wish to send.
  3. Next, paste the wallet address of the recipient in the designated field. Double-check the address to ensure it is correct.
  4. Review the transaction details, including the network fee, and confirm the withdrawal.
  5. Enter your Cash App PIN or Touch ID to complete the transaction.

Congratulations! You have successfully sent Bitcoin from your Cash App to another wallet, like Bitget Wallet. Your transaction may take some time to be confirmed on the blockchain, so be patient.

By following these steps, you can easily buy Bitcoin on Cash App and send it to another wallet for safekeeping or trading. Remember to keep your private keys secure and only transact with reputable wallets to avoid any potential risks. Happy investing!

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The live price of Bitcoin today is $62,859.84 USD with a 24-hour trading volume of $28.91B USD. We update our BTC to USD price in real-time. BTC is 5.34% in the last 24 hours.

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