If you’re looking to convert your Bitcoin into cash seamlessly, Cash App serves as a convenient platform to navigate this process. To begin, you’ll want to ensure you’ve linked your Cash App account to a verified bank account. This step is crucial as it lays the foundation for withdrawing funds. After confirming your bank details, proceed to sell your Bitcoin within the app. Follow these steps:
- Open Cash App and select the “Bitcoin” tab.
- Click “Sell” to specify the amount of Bitcoin you wish to convert.
- Confirm the transaction by reviewing the details and hitting “Confirm.”
Once you’ve successfully sold your Bitcoin, the cash equivalent will be reflected in your Cash App balance. From there, you can withdraw the funds at any time, transferring them directly to your linked bank account. It’s meaningful to remember that transaction speeds may vary, and there might be fees associated with selling and withdrawing. To simplify your understanding, here’s a fast overview of potential fees:
| Transaction Type | Estimated Fee |
|---|---|
| Sell Bitcoin | Up to 1.75% |
| Withdraw to Bank | $2 - $3, depending on the speed |
