Square Cash, an app for sending and receiving fiat currency from the mobile payments company Square, has now made Bitcoin trading available for almost all of its users.
Since Square operates on a Point of Sale network, the addition of Bitcoin to its mobile services means that in the future any businesses that uses Square’s payment system will potentially be able to accept Bitcoin as a form of payment.
The company says they will not add additional transaction fees for buying and selling Bitcoin on the Cash App, the app calculates the price at which you can buy and sell from the quoted mid-market price, an average across major exchanges. According to Square, users will be allowed to buy up to $10,000 in Bitcoin a week, while there is no limit for selling.
Square’s announcement comes right after Robinhood, another trading app, announced that it would begin allowing users to trade in Bitcoin and Ethereum without fees starting in February.
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MOST TRADED ASSETS
- Binary Options
- Digital Options
- Forex
- Stocks
- Indices
- Commodities
- ETFs
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EUR/USD
1.04
Trade-0.12% -
USD/JPY
157.34
Trade+0.09% -
GBP/USD
1.25
Trade+0.01% -
AUD/USD
0.62
Trade-0.16% -
GBP/JPY
197.1
Trade+0.1%
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Shopify Inc.
110.31
Trade+0.77% -
Microsoft Corporation
439.19
Trade+1.03% -
Tesla, Inc.
462.46
Trade+5.99% -
NVIDIA Corporation
140.17
Trade+0.3% -
Coinbase Global, Inc.
279.63
Trade+2.28%
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Gold
2616.79
Trade+0.02% -
Crude Oil WTI
69.91
Trade+0.76% -
Crude Oil Brent
73.23
Trade+0.78% -
Silver
29.66
Trade-0.15% -
Natural Gas
3.43
Trade+2.87%
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US 100
21762.85
Trade+1.47% -
US 500
6040.86
Trade+1.06% -
US 30
43241.24
Trade+0.74% -
GER 30
19887.85
Trade-0.09% -
JP 225
39393.5
Trade+0.04%
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UltraPro Short QQQ
27.93
Trade-2.96% -
S&P 500 ETF
601.26
Trade+0.89% -
20+ Year Treasury Bond ETF
87.86
Trade+0.96% -
Daily Junior Gold Miners Index
37.37
Trade-0.9% -
Gold Miners ETF
34.45
Trade-0.1%
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