Cash App says that it isn’t allowing Robinhood users to transfer their stock portfolios from the service. This comes as Robinhood has experienced multiple outages this week and frustrated users are considering their options for moving their portfolios out of the brokerage.
The Cash App card can be a great asset for your personal money management, but only if you know how to use it! Let’s talk about how you can add money to the Cash App card, so you can use it to give yourself a fun money budget, or perhaps just use it as your main debit card.
Cash App posted a job listing on LinkedIn, first noticed by The Block, which implies that they need help adding limit orders, recurring purchases and gifting features to their Bitcoin platform. Listed in the job description, they are looking for a Product Manager for crypto investing.
One of the main appeals to owning crypto assets is that you can store it in an offline wallet, with no intermediary needed. Unfortunately, Robinhood makes this process impossible because they sell the ability to invest in crypto but not the actual tokens. This means that in order to securely store crypto in a wallet, you will have to sell your position on Robinhood and repurchase it at a physically delivered crypto exchange.
Cash App is making crypto accessible to tons of new users, but right now they only have support for one token. Sadly, Bitcoin’s top contestant, Ethereum isn’t supported on Cash App, but it’s still pretty easy to convert your tokens thanks to the Withdrawal feature. With that said, here’s everything you need to know to turn Bitcoin to Ethereum from Cash App.