Today, many people are interested in Crypto currency but they don’t know how to buy it on the apps which are they are using. Earlier, it was difficult for the people to buy it but now, it becomes easier with the help of latest technology. In case, the user is using the apps such as Cash Apps, Venmo and PayPal, Robinhood etc, then they can easily buy crypto currency. In this blog, you will read the method to buy crypto currency from different apps. To learn about crypto currency, subscribe to our website.
Method To Buy Crypto on Cash Apps:
- First, you should visit to Google Play or the Apple App Store and then look for Cash App. After this, you should download it when you locate it.
- Now, you should enter your email address or phone number in order to sign up.
- Here, you have to add a debit card or the bank account to your Cash App account.
- At this point, you should enter your first and last name.
- Next, you should choose a Cashtag which is your username and it should be unique. Here, you will also get a referral code which you can give to a friend or family member, so that you can receive a bonus if they sign up.
- Then, you have to enter your address details.
- Keep in mind you should add funds to your Cash App account, so that you can purchase Bitcoin or other crypto currency.
- After this, go to the home screen and select Add Cash and choose how much you want to add. Just you need to confirm your name, social security number, birth date and home address. After filling these details, you should add funds to your balance.
- Under Deposit and Transfer option, you should visit to the home screen and select Bitcoin option. After this, choose “Enable Withdrawals and Deposits” option. Here, the Cash App will ask for extra information like your email address and reasons for purchasing bitcoin. Then, verify your identity and you will view a “verification in progress” message.
- When the verification is completes, visit to the “Investing” section. Then, select Bitcoin and you will view a price chart of the recent performance.
- Next, hit on “Buy” button and then pay the amount for the bitcoins. When you select an amount, hit on “Next” and “Confirm” button.
- If you view the confirmation screen, then tap on confirm button.
- At last, choose “Done” option when it’s processed. Now, you can do transaction with your Bitcoin.
Method To Buy Crypto on PayPal:
- First, you should have a PayPal account. In case, you don’t have, then you should set up account with your credit card or bank account and also an email address at PayPal.com.
- After this, you should buy some BTC. You should use the PayPal website. In the home screen, you should choose the “Buy Bitcoin and more” which is on the top of the page.
- You should choose the cryptocurrency which you want to buy. Here, you will find the options to buy on PayPal are Bitcoin, Ethereum, Bitcoin Cash, or Litecoin.
- Here, you should choose the amount of Bitcoin to purchase, or hit on “Buy” option.
- Then before you continue, you should confirm the information and then agree to PayPal’s Cryptocurrencies Terms and Conditions.
- At this point, you will view that the bank account or credit/debit card your PayPal account is linked displays on your screen.
- Then, choose “Next,” option and review your purchase and choose Buy Now Option if you are ready to purchase.
- When the purchase is complete, then the account will be updated and reflect the amount of crypto you have purchased and its current value.
- Again, go to the home page and view your Bitcoin purchase just under “crypto” in order to buy and sell.
- At last, PayPal website will convert your crypto into fiat and it appears in the Cash Account balance section of the user’s account.
Method To Buy Crypto Currency on Venmo:
- First, you should set up a Venmo account by using your email address. Then, an account authorization code will be sent to your chosen mobile number and then verify your account.
- Here, you should connect contacts. Keep in mind that the contacts will be added through social media platforms or phone contact list.
- Then, you should connect payment methods like bank account, debit card or credit card.
- When the payment method is connected, you should select Explore which is next to the Crypto tab.
- At this point, choose the cryptocurrency which you want to purchase like Bitcoin, Ethereum, Bitcoin Cash and Litecoin.
- After this, you should select the amount and enter the dollar amount for the purchase and then choose Review option.
- Here, you should view the breakdown which displays on the next screen that show how much cryptocurrency you are purchasing along with the associated fees.
- Then, finish the purchase by tapping on Buy button.
- When you purchase the cryptocurrency through Venmo, then you can view your cryptocurrency balance in your account.
Method To Buy Crypto Currency on Robinhood:
- First, go to the home screen and go to the cryptocurrency section.
- After this, you will see the order window which is on the right side of the screen. Here, you have to enter the amount which you wish to buy in the field and then hit on Review button.
- At last, to complete your order you need to choose Confirm button.
This process is to buy cryptocurrency from the web version of Robinhood. If you want to purchase crypto on the mobile app, then tap on the Trade button. After this, tap on Order Types and choose the buy option. When you choose an order type, confirm and submit your purchase.