Bitcoin is a digital currency (cryptocurrency) that is independent of any country or geographical entity and can be used by anyone who is connected to the internet.

Like the way you store your money in your wallet or a bank, bitcoins are stored in “Bitcoin wallets.” Everything is done electronically & no fiat money (like the US Dollar, INR, YEN, or any other paper currency) is involved.

To spend or receive bitcoin, you use your bitcoin wallet. We recommend using CashApp as your bitcoin wallet.

Altcoins are alternative cryptocurrencies to Bitcoin. (Examples: Ethereum, Cardano, etc.) and may also be purchased at Coinbase.com exchange. We recommend using Coinbase as your bitcoin exchange.

You can safely and easily move cryptocurrencies between Coinbase and CashApp.

You can safely and easily move money between CashApp and your bank account, as well as using it to purchase online.