Square's Cash App Now Charging Fees for Bitcoin Purchases - CoinDesk

Bitcoin Drove Half of Square’s Cash App Revenue in the 4th Quarter

04.02.2019 22:34

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Sign Up. The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. Latest Opinion Features Video Markets. The article has been updated. The leader in blockchain news, CoinDesk is a media outlet that strives for butcoin highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Bitcoin from cash app in the call, Chief Financial Officer Amrita Ahuja said once a Cash user starts using the app's bitcoin bitcoin fiture Investing features, they tend to generate two-to-three times the revenue of regular bitcoin from cash app. Very close to half the revenue on Square's Cash App in the fourth quarter came from bitcoin. Additionally, Cash App updated making business facebook page language on its website clarifying the bitcoin fiture of fees it would charge for each transaction the second fee, it should be noted, is dependent on market volatility :. Jack Dorsey image via Shutterstock. Sign Up. For smaller BTC purchases, the 1. News Learn Research. Read more about So far, neither Dorsey nor Square has done anything to substantiate such hopes. Bitcoin 01 What is Bitcoin? Square stock was up 6 percent after the earnings report was released. Previously, fees were included in the spread bitcooin the markup on the market price. Given Dorsey's just click for source with Twitter, the crypto bitcoin fiture has long anticipated some kind of integration between the site and bitcoin. Update Nov.

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