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Square Rolls Out Bitcoin Deposits for Cash App to General Public

Published 06/26/2019, 02:06 PM
Updated 06/26/2019, 02:21 PM
© Reuters.  Square Rolls Out Bitcoin Deposits for Cash App to General Public
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San Francisco-based payments company Square (NYSE:SQ) has just made bitcoin (BTC) deposits available on its Cash App on June 26

Cash App users will now be able to deposit bitcoins from external wallets into their app bitcoin address. According to Square’s announcement, deposits are limited to $10,000 worth of bitcoin in a seven day period. It also notes that transfers could take several hours to be confirmed on the blockchain.

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