Is payment app Square Cash about to provide users the option to buy and sell the cryptocurrency bitcoin?
Well, that certainly seems the case, given that Square has initiated a trial allowing a few number of users to buy and sell the cryptocurrency in the Cash app.
The trial, which was initiated earlier this week, was revealed by some users on Twitter.
On person tweeted:
since when can you buy bitcoin through @SquareCash?! pic.twitter.com/etrEY41kCo
— Zach Miles (@zachmil_es) November 8, 2017
In a statement to TechCrunch on Wednesday, a Square spokesperson said:
We’re always listening to our customers and we’ve found that they are interested in using the Cash App to buy Bitcoin. We’re exploring how Square can make this experience faster and easier, and have rolled out this feature to a small number of Cash App customers. We believe cryptocurrency can greatly impact the ability of individuals to participate in the global financial system and we’re excited to learn more here.
Read more at TechCrunch and Forbes.