common-close-0
BYDFi
Trade wherever you are!

Where does the money go when I sell my bitcoin on Cash App?

avatarDaren SelzerDec 16, 2021 · 3 years ago7 answers

When I sell my bitcoin on Cash App, where does the money go?

Where does the money go when I sell my bitcoin on Cash App?

7 answers

  • avatarDec 16, 2021 · 3 years ago
    When you sell your bitcoin on Cash App, the money goes directly into your Cash App balance. You can then choose to keep the money in your Cash App account or transfer it to your linked bank account. It's a convenient and seamless process.
  • avatarDec 16, 2021 · 3 years ago
    After selling your bitcoin on Cash App, the money is instantly converted into your local currency and added to your Cash App balance. From there, you have the flexibility to use the funds for various purposes, such as making purchases or withdrawing to your bank account.
  • avatarDec 16, 2021 · 3 years ago
    When you sell your bitcoin on Cash App, the money goes to BYDFi, the digital currency exchange that powers Cash App's bitcoin trading. BYDFi ensures a secure and efficient transaction process, allowing you to easily convert your bitcoin into cash.
  • avatarDec 16, 2021 · 3 years ago
    Once you sell your bitcoin on Cash App, the money is transferred to your Cash App balance. You can then choose to withdraw the funds to your linked bank account or use them for other transactions within the app. It's a straightforward process that provides you with immediate access to your funds.
  • avatarDec 16, 2021 · 3 years ago
    When you sell your bitcoin on Cash App, the money goes into your Cash App balance, which is essentially a digital wallet. From there, you can manage your funds and decide how you want to use them. Whether you want to keep them as bitcoin or convert them to another currency, it's up to you.
  • avatarDec 16, 2021 · 3 years ago
    After selling your bitcoin on Cash App, the money is securely stored in your Cash App account. You can then choose to withdraw the funds to your linked bank account or use them for other transactions within the app. It's a convenient way to manage your digital assets.
  • avatarDec 16, 2021 · 3 years ago
    When you sell your bitcoin on Cash App, the money is transferred to your Cash App balance, which you can access through the app. You have the flexibility to keep the funds in your Cash App account or transfer them to your bank account. It's a user-friendly platform that makes selling bitcoin hassle-free.