Cash App is arguably the easiest platform to use for buying Bitcoin. Learn how to purchase Bitcoin and take advantage of all the Cash App features with this review.
Bitcoin only purchases
Easy to use
Best for beginners
Shopping discounts and other features with the Cash App debit card
Cash App is a subsidiary company of Square that was founded in March of 2015 as Square Cash. Cash App is based in San Francisco and was first launched as a peer-to-peer payment platform. In January of 2018, Cash App made it available for users to buy Bitcoin. Since then, Cash App has continued to add features that allow users to perform all of their banking and financial needs without having to use any third-party platforms for other services.
The Cash App wishes to empower everyone who has access to a smart phone and WiFi by “banking the unbanked”. The main user base consists of those who are in the Millennial and Generation Z cohort. By using Cash App, a user will not need to rely on any third-party services to meet their financial needs.
Shopping discounts: Discounts are provided for those who have received and activated their Cash App debit cards. Various discounts may include: 10% off groceries, 10-15% off participating food chains, and other services.
“Given its simplicity and the backing of a reputable brand (Square), Cash App is worth trying. If you have the need to send cash from a credit card to another person or business, Cash App can certainly perform the task without any issues.” Review
“When compared to other person-to-person payment networks, Cash App works very similarly. The fees are quite reasonable, though you can find other options with no such costs. Still, they might not be as safe and secure as the Cash App. Therefore, we think that this is a great app to use when you want to shop online or make payments online without using your actual debit or credit card.” Review
“If you’re looking for a simple peer-to-peer payment app with no debit card fees, Cash App is worth considering. But with opaque fees, a focus on Bitcoin and multiple customer complaints, you may want to compare top mobile payment apps first.” Review
Cash App is the subsidiary of Square, which was founded and launched by Jack Dorsey in 2009 as a financial services app for businesses. Dorsey also founded Twitter and continues to run the company as CEO. He is widely known in the tech industry and continues to work with the top talent in cyber security. With the backing and credibility of a number of investors and venture capitalists from Silicon Valley, Cash App is on the cutting edge of security for its users.
Make sure to never give out your password or any personal information connected to your Cash App account.
Any individual with a smartphone residing in the US and UK.
Yes. However, many of the features on the app are not available on the desktop version.
No. Cash App only allows users to purchase Bitcoin with a linked bank account or debit card.
Yes. Users will be able to initiate a transfer instantly after they purchase Bitcoin.
This could be anywhere from 10-40 minutes (possibly longer), depending on the volume of transactions across the network. The first network confirmation will usually occur within the 5-10 minute range on normal days.
No fees for international transfers.
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