common-close-0
BYDFi
Trade wherever you are!

What are the best ways to deposit money on Cash App using cryptocurrencies?

avatarReuben MarguliesDec 20, 2021 · 3 years ago1 answers

I'm new to Cash App and I want to know the best methods to deposit money using cryptocurrencies. Can you provide me with some guidance on how to do it?

What are the best ways to deposit money on Cash App using cryptocurrencies?

1 answers

  • avatarDec 20, 2021 · 3 years ago
    As an expert in the field, I can tell you that depositing money on Cash App using cryptocurrencies is a straightforward process. Here are the steps you need to follow: 1. Launch the Cash App and go to the 'Banking' tab. 2. Select either 'Bitcoin' or 'Cash' as your cryptocurrency of choice. 3. Tap on 'Deposit' and you'll receive a unique deposit address. 4. Copy the deposit address and open your cryptocurrency wallet. 5. Transfer the desired amount of cryptocurrency to the provided deposit address. 6. Wait for the transaction to be confirmed on the blockchain. 7. Once confirmed, the funds will be credited to your Cash App account. Please note that Cash App only supports Bitcoin and Cash for cryptocurrency deposits. Always verify the deposit address to avoid any mistakes.