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Trending Of Square Cash App Bitcoin Best Resolution Image. Das auf bitcoin spezialisierte zahlungsunternehmen square aus den usa hat blickend auf den neuesten quartalsbericht über die einnahmen derzeit einen höhenflug. Financial services firm square, has reported bitcoin (btc) has overtaken all other revenue sources, making up almost 80% of its entire.

CryptoCurrency Square Expands Cash App Bitcoin Service
CryptoCurrency Square Expands Cash App Bitcoin Service from www.pinterest.com

Its cash app generated $875 million in revenue, a 600% increase from the previous year. At the end of 2017, cash app started allowing users to use their balances to buy and sell bitcoin. In november 2017, just as the price of bitcoin was taking off, square cash began experimenting with bitcoin trading.

Bitcoin transactions accounted for $1.63 billion, or 79%, of cash app’s $2.065 billion revenue in the third quarter of this year.

Buying bitcoin has never been easier. Das auf bitcoin spezialisierte zahlungsunternehmen square aus den usa hat blickend auf den neuesten quartalsbericht über die einnahmen derzeit einen höhenflug. Previously, the fees were baked into the spread. Square cash app is now charging a 1.75 percent fee for bitcoin transactions, whether buying or selling.