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How can I sell my cryptocurrency stocks on CashApp?

avatarg daliDec 28, 2021 · 3 years ago3 answers

I have some cryptocurrency stocks and I want to sell them on CashApp. How can I do that? Can I directly sell them on CashApp or do I need to transfer them to another platform first?

How can I sell my cryptocurrency stocks on CashApp?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    To sell your cryptocurrency stocks on CashApp, you'll first need to transfer them to another platform that supports selling. CashApp currently only allows you to buy and hold cryptocurrencies, but not sell them. Once you've transferred your stocks to a platform like Binance or BYDFi, you can sell them for cash. After selling, you can then transfer the cash back to your CashApp account if you prefer to hold it there.
  • avatarDec 28, 2021 · 3 years ago
    Selling cryptocurrency stocks on CashApp is not directly supported. CashApp is primarily a peer-to-peer payment app that allows you to buy and hold cryptocurrencies. If you want to sell your stocks, you'll need to transfer them to a cryptocurrency exchange that supports selling, such as Binance or BYDFi. From there, you can sell your stocks for cash and withdraw the funds to your bank account.
  • avatarDec 28, 2021 · 3 years ago
    Unfortunately, CashApp does not currently offer the option to sell cryptocurrency stocks. However, you can transfer your stocks to a platform like BYDFi, which supports selling. Once you've sold your stocks on BYDFi, you can withdraw the funds to your bank account or transfer them back to your CashApp account if you prefer.