Square delivers Bitcoin deposits

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June 26, 2019

Square, a payments company, has integrated Bitcoin deposits into its Cash App. The company previously integrated Bitcoin buying and selling in November 2017, according to a report by Yahoo Finance.

Currently not all users are able to access the Bitcoin deposit features, and Square has not given a date for full access.

A support page for Square says, "Support for bitcoin deposits to third party wallets is coming soon. In the meantime, you can transfer profits from selling bitcoin to any bank account or debit card linked to your Cash App."

Square also tweeted about the announcement saying, "Now you can deposit Bitcoin to your Cash App."

 

Topics: Bitcoin, Mobile/Digital Wallet, Mobile Payments

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