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A Step-By-Step Guide to Sending Money Through Bitcoin on Cash App

Bitcoin, the revolutionary digital currency, has made sending money across borders faster and cheaper than ever before. Cash App, a popular mobile payment service, allows users to buy, sell, and send Bitcoin with ease. If you’re new to Bitcoin and Cash App, this step-by-step guide will walk you through the process of sending money via Bitcoin on Cash App.

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First, make sure you have both a Cash App account and some Bitcoin in your Cash App wallet. If you don’t already have Bitcoin, you can buy some through Cash App’s convenient purchasing options. Once you have Bitcoin in your wallet, you’re ready to send it to someone else.

To send Bitcoin on Cash App, open the app and navigate to the Bitcoin section. Tap on the “Send” button and enter the amount of Bitcoin you want to send. Next, enter the recipient’s Bitcoin address or scan their QR code. Double-check the address to ensure it’s correct, then hit the “Send” button to complete the transaction. Within minutes, the recipient will receive the Bitcoin in their wallet.

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I want to save money. Will cryptocurrency work?

Cryptocurrency is essentially virtual money that operates in a decentralized manner, not through a bank but directly on multiple independent computers.

Every cryptocurrency has two main components: the units of digital exchange called “coins” and the network within which the exchange takes place. These units can be transferred between wallets and exchanged on exchanges. The networks in which these coins exist are called blockchains, which translates to “chains of blocks.”

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