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Did you know that the Cash App from Square now lets you earn cash back every time you buy, sell or trade your cryptocurrency? It also lets you get a cash bonus when you meet certain activity levels.free cash app money Cash App users can get up to $10 in BTC just for verifying their account and completing certain actions. You don’t have to own any crypto to get the verification bonus, which means even if you’re not interested in owning crypto but want the Cash App bonuses, all you need is a cell phone with an eligible email address. Let’s take a look at how these features work and how you can use them to make some money with the Cash App.
How to Earn Money with Cash App: Get a $5 Bonus for Verifying Your Account
There are two ways you can use the Cash App to earn cash back on your crypto purchases. First, you can earn a $5 bonus just for verifying your account. To do this, simply go to the Cash App and click “Get Started.” Then, follow the instructions to verify your account via your cell phone number. Once you’ve verified your account, you’ll see a $5 cash back bonus in your Cash App wallet. You’ll need to spend $10 or more to withdraw the cash back. You can also earn $5 in cash back when you invite friends to download the Cash App. For every person that signs up with your referral code, you’ll get $5. You’ll also get $5 when they complete $10 in transactions using their new account. You can invite as many friends as you want, so this is an easy way to earn free money with the Cash App.
Earn Money with the Cash App: Earn up to 10% Back on Purchases
If you’re already a crypto user and want to earn money on top of the Cash App bonuses, you can get up to 10% back on every crypto purchase you make with the app. You can also earn up to 10% back if you use the app to shop at select retailers like Walmart, Starbucks or Lyft. How does the Cash App earn you money? They give you a rebate for the difference between the wholesale price of the crypto you buy and the retail price you pay. If you buy $100 worth of BTC at wholesale when the price is $10,000 a coin, they’ll give you $90 in cash back. If you use the app to buy $100 worth of BTC when it’s priced at $9,900 a coin, they’ll give you $10 in cash back.
Earn More Money with Cash App: Get a $10 Bonus When You Trade BTC
If you own crypto, you can earn even more money with the Cash App. You can earn $10 by trading one of the following crypto assets: Bitcoin, Bitcoin Cash, Ethereum, Litecoin, or Ethereum Classic. All you have to do is send the crypto from your outside wallet to your Cash App wallet and then immediately sell it for USD. You’ll get an extra $10 cash back in your Cash App wallet. Keep in mind that trading your crypto in this way may incur a small fee, so you’ll want to factor that into your calculations when deciding whether the trade is profitable. The nice thing about this feature is that you don’t have to actively trade crypto to take advantage of it. You can just buy and hold the coins you already have until you decide to sell them and then trade them for money in your Cash App wallet.
The Bottom Line
The Cash App from Square is a great way to earn money by buying and selling crypto. You can also earn extra money on top of the Cash App bonuses by getting 10% back on crypto purchases and earning a $10 bonus when you trade BTC. These features make the Cash App a great place to use your crypto for purchases and earn a little extra cash on the side.
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