Share this article
Square's Cash App Pilots Bitcoin Buying and Selling
Some users of Square's Cash App have quietly been given the option to buy or sell bitcoin within their accounts, according to reports.
Updated Sep 13, 2021, 7:09 a.m. Published Nov 15, 2017, 11:00 a.m.
A limited number of users of Square's Cash App have quietly been given the option to buy or sell bitcoin within their accounts, reports indicate.
According to Forbes, a Square spokesperson said in a statement that the payments company is "exploring" the option due to interest from customers, and the feature has been provided to a "small number" of Cash App users.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Cash App allows users to send and receive money from friends, family and co-workers, or accept payments for businesses, according to the firm. The new pilot appears to be primarily about allowing users to invest in bitcoin, since those given the new option can buy, sell and hold the cryptocurrency, but cannot make payments to contacts, according to the news source.
However, the firm's spokesperson continued to say that cryptocurrencies "greatly impact individuals' ability to participate in the global financial system."
There is no indication thus far on the daily buying or selling limits for the bitcoin feature, or any fees for the service.
Using cellphones image via Shutterstock
Mehr für Sie
Was Sie wissen sollten:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Mehr für Sie
Ethereum’s P2P Layer Is Improving Just as Institutional ETH Buys Pick Up
Early PeerDAS performance is proof that the Ethereum Foundation can now ship complex networking improvements at scale.
Was Sie wissen sollten:
- Ethereum co-founder Vitalik Buterin said that the network is addressing its lack of peer-to-peer networking expertise, highlighting the progress of PeerDAS.
- PeerDAS, a prototype for Data Availability Sampling, is crucial for Ethereum's scalability and decentralization through sharding.
- BitMine Immersion Technologies has significantly increased its Ethereum holdings, viewing it as a strategic investment in the network's future scaling capabilities.
Top Stories
