The minimum purchase amount for presentation translation is $1.
The Cash App mobile app of the Block payment platform (formerly Square) now has the functionality to transfer cryptocurrencies and shares as gifts. The developer talks about this on the project’s microblog.
“Now you can send shares or bitcoins via the Cash App for at least $1. It’s as easy as transferring cash. At the same time, in order to donate a share or bitcoin, it is not necessary to have it, “- noted in the Cash App.
- The developer draws attention to the fact that the system will independently transfer shares and cryptocurrencies from the seller to the recipient. Thus, the buyer will not act as the owner of the assets in the scheme.
- The Cash App Initiative is for the benefit of audience users. In early December 2021, analysts at BlockFi discovered that many Americans wanted to receive cryptocurrencies as gifts. The digital assets that US citizens covet the most are bitcoin, Ethereum, and Dogecoin.
- Cash App is not the only participant in the crypto industry whose team has shown an interest in developing the functionality to transfer cryptocurrency as a reward. Online broker Robinhood is working on a similar initiative, according to Bloomberg.
We will remind you, earlier on the network there was information that Americans would be able to buy AMC gift cards for Dogecoin.