Payments News

Square Cash expands bitcoin buying and selling to all users

Feb 01, 2018

A few months ago we wrote that Square’s peer-to-peer payment app called Square Cash was running a bitcoin trial for select users. These users had the ability to buy and sell bitcoin using whatever payment method they had attached to the app.

Well now the payments company just announced that all users (except those in New York, Georgia, Hawaii, or Wyoming) have access to bitcoin trading in their app. Users can buy up to $10,000 worth of bitcoin a week as well as deposit it from other addresses. The app isn’t adding a fee to purchases, but the sale price will be a mid-market price averaged from different exchanges, and include a spread.

Read the full article.