Published On: Thu, Feb 1st, 2018

Square’s Cash App Helps Make Bitcoin More Accessible

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Buying and selling Bitcoin just got a bit easier as the Square Cash app has fully embraced the cryptocurrency.
Cash Me Outside

After months of testing, users of the Square Cash app can now buy and sell Bitcoin.
Widely considered the gold-standard of cryptocurrencies, Bitcoin trading still faces barriers which prevent it from gaining widespread adoption. Square looks to help remedy that situation.
Originally a money-by-email service, Square’s Cash app is a popular way for individuals to send and receive money without paying traditional fees. It even has its own pre-paid Visa card and has proven itself positively disruptive to the traditional money-sending space.

Instant buying (and selling, if you don’t want to hodl) of Bitcoin is now available to most Cash App customers. We support Bitcoin because we see it as a long-term path towards greater financial access for all. This is a small step.
We also made this! https://t.co/z3u0liDNk4
— jack (@jack) January 31, 2018

However, the ease of access comes with limitations. App customers may only buy a maximum of $10,000 in Bitcoin per week, though they are able to sell as much as they like. Furthermore, users cannot send Bitcoin …

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