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Block Allows Cash App Users to Gift Bitcoin for the Holidays
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blockchain.newsThis holiday season, Cash App users will be able to gift both crypto and stock to other users of the app.
«With Cash App, you can now send as little as $1 in stock or bitcoin. It’s as easy as sending cash, and you don't need to own stock or bitcoin to gift it.» Cash App said via its official Twitter account.
The app, owned by Digital payments company Block — formerly called Square, joins other services like Stockpile, PayPal and Coinbase in allowing users to gift stocks and cryptocurrencies to third parties, respectively, but Cash App notes this is the first time such features have been offered in a peer-to-peer payments app.
Block also noted that Cash App users can now choose to split bills and repay friends by sending them stocks or
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