How to Use Bitcoin in 3 Simple Steps

Date Published
June 8, 2021
Written By
Deniz Saat
Reviewed By

Step 1- Buy Bitcoin

1. Go to Cash App and create an account.
2. Deposit funds into your Cash App account.

3. Tap the Investing tab on the bottom-right of the Cash App home screen. Also, be sure that the “Bitcoin” option at the top is selected.

4. Press the blue “Buy” button.

5. Select an amount to purchase or select ... to enter a custom amount. Choose “Next” when ready.

6. Confirm the amount and select “Done”.

Step 2- Send Bitcoin

1. Tap the Investing tab on your Cash App home screen and select the Bitcoin option at the top.

2. Tap the Airplane button

3. Choose Send Bitcoin

4. Enter the amount you wish to send and then select “Send”.

5. Enter the recipient’s wallet address in the “To” section. This can be done quickly if you copy/paste the wallet address. Select the address for the checkmark to appear to the right of it. Select “Next”. 

6. Confirm your withdrawal. Enter your Cash App pin code. Select “Done”.

The minimum amount per on-chain transaction is 0.001 BTC or 100,000 sats (Satoshis).

Step 3- Receive Bitcoin

This guide will cover how to send Bitcoin to your Cash App account.

1. Go to your home screen within the Cash App.

2. Select the Bitcoin option.

3. Select “Deposit Bitcoin”.

4. Select “Copy Address” and Cash App will confirm that you copied the address.

5. Paste the copied address where you need to share it.

Need Bitcoin Support?

Take your learning experience to the next level and speak directly with one of our thought leaders. CoinBeast Connect allows you to ask all of your questions and consult a professional on a variety of topics such as mining, security, compliance, taxes, payments, Lightning and much more. Whether you’re an entrepreneur building a crypto startup, an investor exploring custody options or a member of the energy sector interested in mining bitcoin, we can connect you with the right specialist.

Let's Connect

Sign up for more

Stay curious. Bitcoin education featuring blogs, learning tools and reviews to help you navigate down the rabbit hole.

Deniz Saat
Deniz Saat is an IT services specialist and technical writer.

Latest Articles