- Referral Bonuses |
- Cash Boosts |
- Debit Card |
- Giveaways |
- Fee Waivers |
- Bitcoin |
- Stocks |
- Avoiding Scams |
- Video
This article was reviewed by Alex Kwan
and by wikiHow staff writer, Rain Kengly
. Alex Kwan is a Certified Public Accountant (CPA) and the CEO of Flex Tax and Consulting Group in the San Francisco Bay Area. He has also served as a Vice President for one of the top five Private Equity Firms. With over a decade of experience practicing public accounting, he specializes in client-centered accounting and consulting, R&D tax services, and the small business sector.
This article has been fact-checked, ensuring the accuracy of any cited facts and confirming the authority of its sources.
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Are you looking to make money on Cash App? If you're a freelancer, entrepreneur, or have a business, you can easily use Cash App to trade and earn money. This can be done with Bitcoin, stocks, and referrals. Here's how to make money on Cash App and avoid potential scams.
Earning Money Instantly on Cash App
- Refer other people for a cash bonus.
- Use the new Cash App offers as they refresh.
- Enter official Cash App events.
- Take advantage of ATM fee waivers.
- Buy and trade stocks in Cash App.
Steps
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1Refer friends to get a bonus. When others use your Cash App referral code to sign up for an account, you will both get bonuses. This can work on sponsored accounts , but you cannot be that person's sponsor to receive the bonus. [1] X Research source There's also no limit on referrals, so you can refer as many people as possible.
- To get your referral code:
- Open Cash App.
- Tap Activity .
- Tap Invite Friends .
- Share the link with another person.
- To receive the bonus, the person should:
- Download Cash App and use your referral code when they sign up
- Link a debit card or bank account
- Send $5 within 14 days of using the referral code
- Check your referral bonus by tapping Reward Status on the home page.
- To get your referral code:
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1Take advantage of Cash App offers. These "boosts" help you save money at various shops, restaurants, and merchants. You must have the Cash Card to add and claim offers. Offers will constantly refresh and be replaced by new ones, so be sure to use them while they're active. Do the following:
- Open Cash App.
- Tap Card .
- Tap Add offer .
- Select an offer.
- Tap Add .
- Use your offer.
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1The Cash App Cash Card gives you rewards. You can apply for the card in the app, and it will be shipped to you .
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1Participate in official sweepstakes and events. Cash App will occasionally offer giveaways and sweepstakes you can participate in. These offers will be on the official Cash App website and never on a third-party website. Always verify the source of any giveaway.
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1When using direct deposit with Cash App, ATM fees are waived. Direct deposits must be $300 or more to count. When you meet this criteria, you can withdraw from all network ATMs for free rather than pay $2.50 for each transaction. If you withdraw money often, this can save you more money as time goes on.
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1Purchase and trade Bitcoin with Cash App. To make money with Bitcoin, you generally want to purchase it when the price is low and sell it when you can earn back a hefty profit. Like stocks, you'll need to stay up-to-date with the market and cryptocurrency news to ensure your investment stays viable.
- Before you invest in Bitcoin, make sure your account is verified .
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1Purchase and trade stocks using Cash App. You can now use Cash App to invest in stocks with as little or as much as you want. Stocks can be purchased with your Cash App balance or connected accounts. [3] X Research source Similar to Bitcoin, you can allocate money in certain stocks to turn a profit later.
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1Never send money to or claim money from unknown users. Most websites claiming you can earn free money on Cash App are scams. Always check your sources before entering any giveaway or sweepstakes. Avoid sharing your Cash Tag with strangers, as this can make your account a better target for scammers.
- A popular scam involves a Cash App user sending money to your account, hoping it will be returned. These funds are often from stolen cards and accounts, and if you accept the payment, you can be back-charged for the amount.
- If you've been scammed on Cash App , contact Cash App to dispute a transaction.