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A user-friendly guide to cashing out stocks purchased with Cash App Investing
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Do you want to invest in and sell stocks using Cash App? With Cash App Investing, you can purchase stocks right in the app. You can also monitor its progress and sell it at any time. You'll just need to follow Cash App's selling limits. This wikiHow will show you how to sell stock purchased on Cash App using your iPhone, iPad, or Android device.
Things You Should Know
- To sell stock, tap the "Money" tab → "Investing" → "Stocks Owned" → tap the company.
- Tap "Sell" → select an amount → enter your PIN or Touch ID. It can take up to 2 days to receive your funds.
- Sales must be at least $1, and you can only sell less than 98% of your stock or 100% of it at a time.
Steps
Section 1 of 2:
Selling Stock
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Open the Cash App app. This looks like a white $ with a green background.- Cash App is available to use on iPhone and Android . [1] X Research source
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Tap Money . This is the tab at the bottom with the dollar symbol ($).Advertisement -
Tap Investing . You may need to scroll down to find this tile. -
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Tap the company. The companies should be listed in alphabetical order. -
Tap Sell . You can find this button below the company's name. -
Select an amount. Cash App will offer preset amounts. Tap one to select it.- You can also tap ••• to enter a custom amount.
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Enter your PIN or Touch ID. This will confirm your transaction.- Your stock will be sold. Sales may take up to 2 business days to be deposited in your Cash App balance .
- You can monitor your other stock investments on the Home page, under Investment .
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Section 2 of 2:
Selling Limits
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There's a minimum sale amount of $1. You won't be able to sell stock less than this amount. -
You can sell under 98% of your stock or 100% of it. If you want to place a sell order that is close to the amount you fully own, it must be less than 98%. If it's over 98%, you must sell 100% of it. [2] X Research source -
You can only place three (3) day trades within a rolling 5-day trading period. A day trade is when you buy and sell the same stock on the same market day. If you reach your day trade limit, you can still buy and sell stock as long as you're selling on a different day. [3] X Research source
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