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How can I use Cash App to invest in cryptocurrencies and defer payment?

avatarChapman ChenDec 26, 2021 · 3 years ago1 answers

Can you provide a detailed explanation on how to use Cash App to invest in cryptocurrencies and defer payment?

How can I use Cash App to invest in cryptocurrencies and defer payment?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    Of course! Cash App provides a user-friendly platform for investing in cryptocurrencies and deferring payment. To begin, download the Cash App and create an account. Once you're logged in, you can link your bank account or debit card to the app. Next, navigate to the 'Investing' tab and select the cryptocurrency you wish to invest in. Cash App supports popular cryptocurrencies like Bitcoin. When you're ready to invest, enter the amount you want to invest and confirm the transaction. The funds will be deducted from your Cash App balance, which includes your cryptocurrency investments. To defer payment, you can use the 'Cash Card' provided by Cash App. This card functions like a regular debit card and allows you to make purchases using your Cash App balance. The payment for your purchases will be deferred until you decide to sell your cryptocurrencies or transfer the funds back to your bank account.