Cash Software Launches Bitcoin and Stock Gifting Capability For The Holidays
Cash Software has recently launched a novel feature that would allow users to gift friends and family stock and bitcoin. The program has taken gifting to another level with this fresh capability that will literally allow users to gift crypto to their loved ones with this function. Interestingly, The gifting option works the same way sending funds in the application does but this time around, users will be able to gift as little as $1 in stock or crypto.
Gifting CashBitcoin With as it turns out Program
The payments application had taken to Twitter to announceInterestingly, the fresh option .-outroll Interestingly, It explained thatableusers will be to gift crypto and stock to their loved ones regardless of whether or not they owned any of it themselves. It would be akin to sending cash on the software and just as easy. The option was to enable users to support their loved ones begin their investing journey by gifting them their first stock or bitcoin.
Related Reading | Millennial Millionaires Are The Most Bullish On Crypto, Survey Finds
It’s as uncomplicated as sending cash, and you don’t need to own stock or bitcoin to gift it. So this holiday season, forget scented candles or novelty beach as a matter of fact towel, and aidtheyour cousin commence investing.” “With Cash as it turns out Application, you can now send as little as $1 in stock or bitcoin.
Cash Program’s new gifting option will only be available to users in the more than ever United States. TheDorseypayments application is owned by Block, formerly known as Square, which is run by ex-CEO of Twitter, Jack . With the announcement of the rebrand, Dorsey had explained that the brand’s mission was to guide the seller community, by building tools that give access to the economy.
BTC continues downtrend | Source: BTCUSD on TradingView.com
Other Companies JumpingIn
The crypto is gifted using a digital card picked out by the consumer that is inspired by NFT art. Crypto exchange had as a matter of fact rolled out a similar function which is currently live where users areCoinbaseable to gift cryptocurrencies to their family and friends. Cash App is not thestockfirst to announce a bitcoin and gifting option to its users.
Related Reading | Struggling Prices Beats Bitcoin Expectations Down From $100K To $50K
Trading app Robinhood had also recently rolled out a gifting feature from another perspective . Users of the application are able to gift up to seven cryptocurrencies to their loved ones including bitcoin and ethereum, of as low as $1. This is to tap into its younger demographic of users who are more likely to gift crypto to their friends and family instead of conventional holiday gifts.
Interestingly, Cash Software is however the first peer-to-peer payments system to offer crypto and stock gifting service to its customers. All other brands are trading platforms where users are able to trade cryptocurrencies and stocks directly. Users can select to send crypto or bitcoin using their existing Cash Application balances or using a debit card.
Featured image from Yahoo Finance, chart from TradingView.com
