Looking for a fast and easy way to buy some Bitcoin? Try the new Cash app from Square. This amazing app allows you to simply add your debit card and start buying Bitcoin right away. The only ID verification required for Bitcoin purchases is your birthday and the last 4 of your social security number.
There are no fees for using your debit card, it just loads the money into your account so that you can use it to buy Bitcoin. The rate is slightly higher than Gdax, but the instant purchase is awesome. Now that credit cards no longer allow Bitcoin purchases, I needed another way to purchase Bitcoin that was FAST so I didn’t miss out on any dips. Coinbase takes up to 7 days to load your account via ACH, so I am very excited about this new option.
The other great thing is that you can SELL your Bitcoin through Cash and deposit the money into your bank account. Cashing out to fiat is always slow, so I am looking forward to testing this feature out as soon as the market picks back up.
Get the Cash app HERE and let me know what you think!
Follow me on twitter @thecoinpixie