Square Cash is letting some users buy and sell Bitcoin

科技动态 TechCrunch (源链)

Square is testing cryptocurrency support in their Cash app, according to TechCrunch reader Zach Miles on Twitter and confirmed by the company.

The trial, which seems to only be available right now to a small number of users, lets you buy and sell bitcoin directly in the app.

The interface is very basic. Users who have access to the beta can swipe right from the Cash Card page to access bitcoin functionality. Once there users will see a balance in USD and BTC, a graph showing performance over the last day, month or year and buy / sell buttons.

There is a button to generate a wallet address – but the balance in one wallet address we checked didn’t match the user’s bitcoin holdings, meaning Square is likely using pooled wallets to hold user funds and not storing private keys on a user’s device, similar to how Coinbase works.

One source also said that a transaction sent to this address hasn’t yet shown up in his balance, so it’s definitely more of a beta than a fully functional release.

It seems that at least for now, the feature is centered around buying and selling bitcoin and not sending and receiving – which is unusual considering Square Cash is known for sending and receiving money. As noted above there’s a (potentially non-fuctioning) option to generate an address to receive bitcoin, but no option to send it.

It’s not yet clear what the fee structure will be or if there are daily buying or selling limits, or who Square is using as a liquidity provider for the transactions.

Jack Dorsey has spoken publicly about the benefits of cryptocurrency and the blockchain, but hadn’t acknowledged that Square was working on building the functionality into their Cash app.

We reached out to Square for comment and they provided us with the following statement:

“We’re always listening to our customers and we’ve found that they are interested in using the Cash app to buy bitcoin. We’re exploring how Square can make this experience faster and easier, and have rolled out this feature to a small number of Cash app customers. We believe cryptocurrency can greatly impact the ability of individuals to participate in the global financial system and we’re excited to learn more here.” – Square Spokesperson

Watch the video below to check out the feature in action:

the experience is instant and seamless. here is a video showing where it is in the app: pic.twitter.com/GMJulaQWVr

— Zach Miles (@zachmil_es) November 15, 2017


比特币可能面临分裂风险,部分网络平台已出台应对方案... 7 月对于比特币社区乃至整个币圈而言注定是难以平静的一个月,因为或许就在月底,针对长期以来的扩容问题,比特币网络很可能会出现协议层面的改变。自本月初开始,比特币市场价格已经从最高 2636 美元下跌至如今最低 1934 美元,跌幅超过 26%(数据来源:Coinbase)。 目前社区中...
Technology Meant to Make Bitcoin Money Again Is No... A version of the technology that’s meant to make cryptocurrency payments faster and cheaper went live Thursday. The software, called Lightning Netwo...
央视调查探秘比特币“矿场”:70%比特币来自中国... 央视网消息:比特币,一种虚拟货币。2009年,比特币刚刚问世,一美元可以买上1300个。而现在,短短8年之后,一枚比特币的价格就突破3000美元。 这是一个什么概念呢?举个例子,如果2009年你花了1美元,买了1300个比特币,那么到了今年,你已经是一个坐拥近400多万美元的富翁了。 但...
墨西哥政府拟监管比特币公司:在合理的监管框架下推动技术创新... 墨西哥本月将会公布一项法案,旨在监管其快速发展的金融技术领域,其监管范围也包括使用比特币等加密货币的企业。 该项法案的目标似乎是保护消费者,同时鼓励这一新兴行业的竞争。墨西哥政府还希望通过这一法案维护金融稳定性,防止洗钱以及极端分子融资活动的滋生。 拉丁美洲的潜力 墨西哥将会加...
短讯:比特币价格又创新高,已经突破29000/枚... 据国内各大交易平台消息,继上周日首次突破4000美元大关后,比特币价格持续上涨,8月14日比特币价格突破28000元的关口,创历史新高。而在8月15日,比特币一往如前,再次打破记录,已经突破29000元/枚的关口还在疯狂上涨。以美元计价的比特币已经超过4400美元。 截止发稿时,...
TechCrunch责编内容来自:TechCrunch (源链) | 更多关于

本站遵循[CC BY-NC-SA 4.0]。如您有版权、意见投诉等问题,请通过eMail联系我们处理。
酷辣虫 » Square Cash is letting some users buy and sell Bitcoin

专业 x 专注 x 聚合 x 分享 CC BY-NC-SA 4.0

使用声明 | 英豪名录