Can You Sell Your Stock On Cash App

How To Sell Stock on Cash App: 7 Simple Steps

When you buy a share of a company’due south stock, you technically ain a small piece of that visitor. While you used to demand an account with a brokerage firm to purchase and sell shares of stock, mobile payment giant Cash App lets users do so via its app. If you lot’ve bought stock on Greenbacks App or received a share as a gift that y’all’re ready to sell, read on to learn how to sell stock on Cash App.

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How To Sell Stock on Cash App

Cash App’due south principal goal is to requite users a fast and easy mode to send money between users. Selling stock on Cash App is a straightforward process that involves the following steps:

1. Open the Cash App application on your mobile device. Enter your passcode or submit biometric data to access your business relationship if you have these features enabled. If you don’t already accept a Cash App account, setting one up is piece of cake.
2. Tap on the Money tab from the home screen, followed by the investing tile.
3. After accessing the investing tile, you’ll
   run into a consummate listing of the shares of stocks that you lot ain.
   Choose the company whose stock y’all’d like to sell.
4. On the trading screen, you’ll see data like the electric current price of the stock and the number of shares that you ain. To initiate a sell gild, press the button labeled “Sell.”
5. Choose whether you lot desire to sell in terms of dollar corporeality or number of shares.
6. Enter the total number of shares or dollar amount of stock that you want to sell. Choose the blazon of sell order
   and set your sell limit cost, if necessary.
7. Confirm the transaction
   using your PIN or Touch ID.

Similar whatever other broker, Cash App will then deport out your sell gild according to your instructions. When the transaction closes, y’all’ll run across the unsettled funds in your investing account balance.

Tin can I Sell My Stocks at Any Time on Cash App?

Cash App is spring by standard market trading hours. The stocks that yous can buy and sell on Cash App are largely traded on the New York Stock Exchange and Nasdaq, which ways that agile trading hours are betwixt 9:xxx a.m. and 4 p.m. ET. While you can place a sell order at whatever hr through your Cash App account, the social club will only execute during market place hours.

Last Take

If yous’ve been intimidated by the process of creating a brokerage account to buy and sell shares of stocks, buying your first share through Cash App can be an inviting way to begin exploring the stock market. Cheers to Cash App’s partial share capabilities, you can begin investing in major corporations like McDonald’s, Tesla, Nike, General Electric and many more with just $ane in your account.

Later you get the hang of the investing process through Cash App, you lot may desire to move on to a dedicated brokerage account, which offers access to assets beyond individual shares and substitution-traded funds.

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