- How to sell stock on a cash app?
Cash app is a peer-to-peer money transfer platform that is not limited upto transferring money only. You can use it for online shopping. In addition to this, you can also sell stock on a cash app.
In 2019 cash app has introduced the investing platform in which 36 million users have participated in the stock trading feature. Megan Thee Stallion has recently invested 1 million dollars in stock on the cash app.
If you want to invest in stocks when it is the right time to start with. Read this guide to the end to know how to sell the stock and clear all your confusion.
How to sell stock on a Cash App?
Before you start selling stock on a cash app you should have it in your cash app portfolio.
- Open a Cash App on your phone.
- Go to the home screen and find My Portfolio.
- Click on it and find out the stocks you want to sell.
- When you have decided, click on the company’s ticker.
- A page opens up with a sell button option. Tap on it.
- Select how many stocks you want to sell by using a dollar or share value
Since the company gives you fractional investing and flexibility to choose a custom amount or a preset in the sale, the platform becomes one of the best places for stock selling.
You have finalized the sale then enter your pin or touch ID to confirm the investment. This verification step protects you from theft or fraud.
Finally, press the Confirm button.
Congrats, your stock is sold! Not only on cash apps, but you can also sell stocks on other applications too and the process is hassle-free on every online platform.
Also Check:- How to Reopen Closed Cash App Account?
The sale amount will automatically enter into your Cash App balance. The duration it takes depends on market activity.
You can also buy stocks from a cash app by following almost the same process. Make sure that the fund you want to buy is available in your cash app or else it will be deducted from the linked debit card. Both buying and selling stocks are safe and secure processes.
Hopefully, this information is very helpful for you. If you don’t mind, share it with other users for a better financial future. Get back to us for resolving any issues!