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Breaking News: Use CashApp to send Bitcoin!
Send Bitcoin with CashApp is so easy! Here's a guide on how to use crypto through CashApp.
Let me explain why this is exciting news.
Bitcoin is the biggest and most famous type of crypto. A decentralized digital currency 100% anonymous that you can use anywhere in the world because it's not tied to any country or Central Bank. Due to their high volatility, many people use them to speculate and invest, but as with any other form of money, they can be used to purchase services and goodies.
You can read more about how to use Cryptocurrencies here.
Why can't we use CashApp the regular way?
CashApp is a payment service very popular in the US and UK. Unfortunately, the adult industry suffers all kinds of limitations, and Square Inc (the owners of Cash App) is one of these companies that blatantly exclude legal activities only because we deal with sexuality.
In their Terms of Service, you will find this:
CashApp is known to ban sex workers (porn models, webcam performers, nude artists, etc) from their platform and seize the money for breaking ToS. Although many models keep using the service, it's always a risk they are incurring, putting their livelihoods at risk.
If you are curious to know more about censorship in financial companies against the adult industry, I'm writing a series of articles that you can read here.
Why is this so exciting?
Considering how difficult banks and payment processors make it to send money to adult performers, using cryptocurrency is safe and anonymous but also a legit and legal way to do so without the control of private companies or the government.
Cryptocurrencies are slowly becoming mainstream and CashApp is connected to the future, making it easier for all of us naughty people out there. =)
How to send Bitcoin using CashApp?
Accordingly to CashApp FAQ:
You can send bitcoin to any wallet using the blockchain.
To do so:
Tap the Bitcoin tab on your Cash App home screen
Tap the Airplane button
Choose send Bitcoin
Either tap the top left corner of the screen to access the QR code scanner or tap Send to enter the external wallet address manually
My Wallet Address to send manually is:
5. Tap wallet address to confirm
6. Tap Next
7. Select a withdrawal speed
8. Tap Confirm & Send to initiate your withdrawal.
You need to withdraw at least 0.001 bitcoin to make a withdrawal using the Standard withdrawal speed. Rush and Priority withdrawals have no minimum withdrawal amount.
It's as easy as that!
Are you already using Bitcoin on CashApp? How was your experience?
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