Cash App is a powerful and intuitive new way to organize and plan your financial future. With the Cash App bank account plugins, you can buy and sell cryptocurrency, split bills in real time, and even send friends gifts with ease. This change from old models of brick-and-mortar bank accounts and even Venmo and PayPal signals a whole new world of personal finance.
Continue reading to discover three great uses for Cash App on your mobile device.
1. Utilize Cash App for crypto trading.
One great feature embedded in Cash App is the ability to buy and hold cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and other major crypto coins. Buying Bitcoin on Cash App is simple and fast. Unlike other platforms like Coinbase or Binance, buying cryptocurrency can be done with a bank account, credit card or debit card, or the cash that you already hold in your Cash App account. Cryptocurrency is a growing commodity in the trading and long-hold investing communities alike, and the ease with which buying and selling the commodity can be done in this platform is second to none.
Crypto assets are growing in stature among retail investors all over the world, and American buyers are catching on—with almost 50 million Bitcoin owners residing in the U.S. already. The worth of Bitcoin as an investment vehicle is growing in stature at a rapid pace, and with the help of new technologies, the ability to buy and sell Bitcoin with ease has never been simpler. Cryptocurrency is here to stay, and with resources like Cash App, managing your digital currency holdings can be done in the same place as your fiat accounting.
2. Send gifts to friends with ease.
Another great feature of this hybrid financial tool is the ability to quickly pay for goods and services without the need to find your wallet and type in clunky card details. Friends love to send plants, clothing, and candles (to name a few) to people they care about, and the ability to seamlessly connect merchants with your buying power makes the process of checking out with online retailers pain-free and swift.
Plants are a great idea as a gift, for that matter. Studies have shown that even 20 minutes spent outdoors in the park or garden can have a significant impact on your mood, stress levels, and even blood pressure. Bringing a bit of that calming energy into the house with the gifting of a houseplant that requires only minimal sunlight can give the people you care about the most a refreshing new addition to the home without the added burden of constant watering or placement in a particular space in the kitchen or bedroom.
3. Easily split the bill for faster settlements.
Bill splitting is another great feature that has taken root in the age of Venmo and Cash App. Years ago, everyone would require cash to split bills at the restaurant counter or among one another at the table. Often, this led to tension among friends as inevitably someone wouldn’t have the appropriate change and would require chasing up later down the road for that extra $3.25 on last Thursday’s lunch.
Petty squabbles and hurt feelings can be left behind with the intuitive bill splitting and tipping components of Cash App’s native interface. It’s simple and fast to send your share to a single account in order to pay the bill fairly and square your debts with one another before you even get up from the table.
Cash App offers a cutting-edge solution set to many of the consumer challenges that we face every day. Use it to streamline your financial life.