thread Re: Converting BTC to USD in Archived Discussions (Read Only)

Converting BTC to USD

cryptoquestions — Wed, 16 Feb 2022 14:39:05 GMT

I recently got my Square business account (checking account and debit card) set up. Is it possible to use this account with cash app or some other square product to deposit BTC and sell it for USD? I run a mining company and use an exchange to swap my monthly mining yield into BTC. The account there is under my LLC and I have all the requisite documentation. I want to be able to manage the crypto holdings on my square account so it's right next to the ACH account.

Thank you for your help.

Re: Converting BTC to USD

Anthem — Wed, 16 Feb 2022 15:45:42 GMT

following this to see what comes of it, very interesting.

Re: Converting BTC to USD

cryptoquestions — Wed, 16 Feb 2022 16:23:18 GMT

Thanks. I thought Square was supposed to be a blockchain friendly company so I'm hoping this is something I can do.