Square Cash App Allows All Users to Buy Bitcoin

Users can buy up to $10,000 worth of bitcoin and deposit it from other addresses via Square Cash app
01 February 2018   1115

Square Cash payments company announced that all users except those in New York, Georgia, Hawaii, or Wyoming have access to bitcoin trading in their app. Users can buy up to $10,000 worth of bitcoin and deposit it from other addresses. The app doesn’t have a fee for purchases, but the sale price will be a mid-market price averaged from different exchanges.

In November 2017 we have reported that Square Cash was running a bitcoin trial for select users, which had the ability to buy and sell bitcoin using any payment method they had attached to the app.

Cash App empowers people with access to the financial system, and our customers have shown interest in a simple, approachable way to buy and sell Bitcoin. Through our pilot, we’ve learned a great deal about how we can make this experience faster and easier and we’re excited to expand its availability.

 

Square Spokesperson

Square Cash also created an interactive website that explains bitcoin to the average person.

Lightning Desktop App to be Launched in BTC Mainnet

The application, which is based on the lightweight Neutrino client, is available for the macOS, Windows and Linux, however, it's oriented fro test environment
24 April 2019   152

Lightning Labs, a leading developer of solutions for the Lightning Network, announced the launch of its desktop wallet in the main Bitcoin network. An application that was previously tested in a test network is available in the alpha version.

The application, which is based on the lightweight Neutrino client, is available for the operating systems macOS, Windows and Linux, however, as the developers emphasize, is still oriented primarily to the test environment. At the same time, more advanced users can also experiment with the wallet interface and get access to their funds.

Lightning App Desktop Version Screenshot
Lightning App Desktop Version Screenshot

The Neutrino client allows non-custodial Lightning wallets to verify Bitcoin transactions without the need to synchronize with the full version of the blockchain.

The new release includes such a function as displaying a single balance, which will allow users to see the cumulative number of coins both in the network base and in the payment channels by percentage.