How to get started with Cash App (2024)

Need an easy way to send money to a friend or family member? Cash App is an Android and iOS app that lets users send or receive money from other users of the app. If you don’t know how to use Cash App, we have you covered. We’ll go over the entire process, including signing up, sending and receiving money, and investing in stocks and Bitcoin.

QUICK ANSWER

To sign up for Cash App, download the app and then enter your personal and banking details to create an account.

To add money to your account, tap the Bank icon > Tap Add Cash > Enter the amount of cash you wish to add to your Cash App account > Tap Add.

If you want to send or receive funds, tap the $ icon in Cash App > Enter the amount of cash you wish to send or receive. > Tap Request to receive funds or Pay to send funds > Enter a $Cashtag, phone number, or email address of someone you wish to send or receive money from > Tap Request or Pay, depending on whether you're receiving and sending funds.

To invest in stocks, tap the Bank icon > Tap Invest in stocks > Search for and select the stock you want to buy.

If you wish to buy Bitcoin, tap the Bankicon > Tap Buy Bitcoin.

JUMP TO KEY SECTIONS

  • How to sign up for Cash App
  • How to use Cash App
  • Investing in stocks and crypto with Cash App

How to sign up for Cash App

How to get started with Cash App (1)

Edgar Cervantes / Android Authority

Before you can do anything with Cash App, you must sign up for an account. Here’s what you need to do:

  1. Download Cash App for Android or iOS on your device.
  2. Tap on the Cash App icon to launch it.
  3. To begin creating an account, enter either your phone number or email address.
  4. You’ll receive a code using the method you used to create your account; enter that code when prompted.
  5. Optionally, you can choose to invite some friends to use Cash App as well.
  6. Enter your debit card information to link your bank account with Cash App. You can skip this step, but you won’t be able to do much with Cash App if you do until you add your banking information.
  7. Choose a unique $Cashtag that you’ll use to send and receive money.
  8. Enter your zip code.

How to use Cash App

Your Cash App account is most useful if you’ve got funds available, and you can transfer funds from other sources, such as PayPal, to your Cash App account. Here’s what else you can do with your account.

Add money

To add money to your Cash App account, do the following:

  1. Launch Cash App on your device.
  2. Tap the Bank icon in the lower left-hand corner.
  3. Tap the Add Cash button.
  4. Enter the amount of cash you wish to add to your Cash App account.
  5. Tap the Add button.
  6. Follow the on-screen instructions.

Note that you need a linked bank account with your Cash App to add funds.

Send or receive money

You can send money to other Cash App users by following these steps:

  1. Tap the $ icon in Cash App.
  2. Enter the amount of cash you wish to send or receive.
  3. Tap Request to receive funds or Pay to send funds, and then enter a $Cashtag, phone number, or email address of someone you wish to send or receive money from.
  4. Optionally, you can add a note explaining what the payment or request is for.
  5. Tap Request or Pay, depending on whether you want to receive or send funds, respectively.
  6. Follow the on-screen instructions.

Investing in stocks and crypto with Cash App

How to get started with Cash App (2)

Edgar Cervantes / Android Authority

Beyond sending and receiving funds, you can also invest in stocks and cryptocurrency using Cash App.

Investing in stocks

Here’s how to buy stocks with Cash App:

  1. Open Cash App on your device.
  2. Tap the Bank icon in the bottom left-hand corner.
  3. Tap Invest in stocks.
  4. Search for a company you wish to buy stock in or tap Buy Stocks to see various categories of stocks.
  5. Tap on a company and then tap Buy.
  6. Choose the amount you wish to invest and tap Next.
  7. In Change Order Type, you can also choose Auto Invest or Custom Purchase Order.
  8. Tap Next.
  9. You’ll have to verify your identity, so hit Continue to begin this process.
  10. Follow the on-screen instructions to verify your identity and complete the purchase.

Buying Bitcoin

You can also buy Bitcoin through Cash App:

  1. Open Cash App on your device.
  2. Tap the Bank icon in the bottom left-hand corner.
  3. Tap Buy Bitcoin.
  4. Tap Buy.
  5. Choose an amount of Bitcoin you wish to buy. Under Change Order Type, you can also choose Auto Invest or Custom Purchase Order.
  6. Follow the on-screen instructions to verify your identity and complete the purchase.

FAQs

No. You can only use Cash App to send money other Cash App users, not Venmo or other mobile payment apps.

No, you can buy a partial stock in a company for $1 using Cash App.

You don’t have to connect your bank account to Cash App, but you won’t be able to do much unless you connect them. For example, you won’t be able to transfer funds to your bank account.

Cash app stock purchases are through Cash App Investing LLC, which is a registered broker-dealer and a member of FINRA and SIPC.

Bitcoin transactions on Cash App are done with Block, Inc.

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How to get started with Cash App (2024)

FAQs

How to get started with Cash App? ›

Cash App is a peer-to-peer money transfer service that lets users send and receive money. Cash App also lets users perform some functions as they would at a bank, giving users the option to have a debit card — called a “Cash App Card” — that allows them to make purchases using the funds in their Cash App account.

How do cash apps work for beginners? ›

Cash App is a peer-to-peer money transfer service that lets users send and receive money. Cash App also lets users perform some functions as they would at a bank, giving users the option to have a debit card — called a “Cash App Card” — that allows them to make purchases using the funds in their Cash App account.

How do I use Cash App for the first time? ›

Create an Account
  1. Tap on Cash App to launch it.
  2. To create an account, enter your phone number or an email address.
  3. Cash App will send you a secret code via text or email—enter it.
  4. You can invite friends to sign up with Cash App to earn cash (optional)
  5. Enter your debit card info to link your bank account to Cash App.

Do I need a bank account for Cash App? ›

Do I need a bank account to use Cash App? No, you don't need a bank account to create a Cash App account or add money to your Cash App balance. There are a number of ways to send and receive money through Cash App if you don't have or want to link your bank account.

Can I use Cash App without a debit card? ›

Customers are not required to have a linked bank account to use Cash App Pay. Funds for payment come from a customer's Cash App balance. If there are insufficient funds in the Cash App balance, a customer's linked debit card will instead fund the entire purchase.

What are the cons of using Cash App? ›

Cash App initially limits the amount you can send and receive to $250 in a week and $1,000 per month, although you can increase this by going through an additional verification process. You can also not withdraw more than $1, 000 per week via an ATM or cash back using your debit card.

Does Cash App charge a fee? ›

Does Cash App charge a fee to send or receive money? It's always free to receive money to your personal Cash App account. It's also free to send money from your Cash App balance or your linked debit card. Cash App charges a 3% fee to send money from a linked credit card.

What are the requirements for the Cash App? ›

Eligibility. Using the Cash App requires you open an account. You'll need to be a U.S. resident and at least 18 years old.

How long does it take to receive money on Cash App? ›

When you receive a Cash App payment, it will be available instantly in your balance. You can then choose to send the money to friends or family, or Cash Out to your linked debit card.

Is it safe to link your bank account to Cash App? ›

Cash App is a secure platform and uses encryption and fraud-detection technology. This means that even if you're using the app on public Wi-Fi, all the information you submit is encrypted and safely shared with Cash App's servers. Plus, the app uses additional safety features, such as PIN entry, Face ID and Touch ID.

Can someone without Cash App send me money to my? ›

Your recipient isn't required to have a Cash App account; as long as you have their email address or phone number, you can use Cash App to transfer money to them. It's important to note that if your recipient doesn't accept the money within 14 days, the transfer will expire.

What is the Cash App fee for $100? ›

If you're sending $100 funded by a credit card, the fee is 3% for either account type. Cash out is free unless you select instant deposit which is 1.5% 0.5% - 1.75%, with a minimum fee of $0.25. This applies to personal and business accounts.

How to receive money from Cash App without a bank account? ›

Linking a Debit Card: If you don't have a bank account or prefer not to use it, you can link a debit card to your Cash App account. This enables you to cash out your balance to the linked debit card. Cash Out Process: To cash out to a debit card, follow the same steps as cashing out to a bank account.

Do you get money right away with Cash App? ›

When you receive a Cash App payment, it will be available instantly in your balance. You can then choose to send the money to friends or family, or Cash Out to your linked debit card.

Is Cash App safe to receive money from strangers? ›

If a random person sends you money on Cash App, contact Cash App support immediately. An unexpected deposit is often a sign of a scam.

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