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Can I use digital currencies to purchase stocks on Cash App?

avatarTuan KietDec 15, 2021 · 3 years ago3 answers

Is it possible to use digital currencies, such as Bitcoin or Ethereum, to buy stocks on Cash App? I'm interested in investing in both cryptocurrencies and stocks, and I'm wondering if Cash App offers the convenience of using my digital assets to purchase stocks. Can anyone provide some insights on this?

Can I use digital currencies to purchase stocks on Cash App?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Unfortunately, at the moment, Cash App does not support the direct purchase of stocks using digital currencies. Cash App primarily focuses on facilitating the buying and selling of Bitcoin and other cryptocurrencies. If you're interested in investing in stocks, you may need to explore other platforms that offer the ability to use digital currencies for stock purchases.
  • avatarDec 15, 2021 · 3 years ago
    No, you cannot use digital currencies to buy stocks on Cash App. Cash App is primarily designed for buying and selling cryptocurrencies, not stocks. If you want to invest in stocks using digital currencies, you'll need to find a different platform that supports such transactions.
  • avatarDec 15, 2021 · 3 years ago
    While Cash App doesn't currently allow you to purchase stocks with digital currencies, there are other platforms like BYDFi that offer this functionality. BYDFi is a digital currency exchange that allows users to trade both cryptocurrencies and stocks. With BYDFi, you can use your digital assets to invest in a wide range of stocks, providing you with more flexibility and options for your investments.