When it comes to selling stocks on Cash App, the process is relatively straightforward and can be easily completed through the app itself. If you’re looking to cash out your stocks on Cash App, follow these simple steps to initiate the selling process.
Accessing the Stocks Section
To begin the process of cashing out your stocks on Cash App, open the app on your mobile device and tap on the “Money” tab located on the home screen. From there, locate and tap on the “Stocks” tile to access your stock holdings.
Choosing the Stock to Sell
Once you’re in the “Stocks Owned” section, scroll through the list of companies whose stocks you own. Select the specific company whose stock you want to sell by tapping on it to proceed with the selling process.
Initiating the Selling Process
After selecting the company’s stock you wish to sell, you will be prompted to press the “Sell” button to proceed. This step signifies your intent to sell a portion or all of the shares you own in that particular company.
Selecting the Amount to Sell
When prompted, you’ll have the option to either select a predefined amount to sell or enter a custom amount of shares you wish to cash out. Take your time to input the desired quantity accurately.
Confirming the Sale
Before finalizing the sale, Cash App will ask you to confirm your decision to sell the specified quantity of stocks. You may be required to input your PIN or use Touch ID for added security and verification.
Reviewing the Transaction Details
Ensure to carefully review all transaction details before proceeding with the sale. Verify the stock name, quantity, and selling price to avoid any potential errors in the selling process.
Finalizing the Sale
Once you have confirmed all the transaction details and are satisfied with your selections, go ahead and finalize the sale by following the on-screen prompts. This step will officially initiate the selling process.
Confirming the Sale Order
After finalizing the sale, Cash App will process the order and provide you with a confirmation of the successful sale of your stocks. This confirmation message will verify that your stocks have been successfully cashed out.
Receiving the Funds
Upon the completion of the sale, the funds from the sale of your stocks will be credited to your Cash App account. You can then utilize these funds for various Cash App transactions or transfer them to your linked bank account.
Monitoring Stock Sale Transactions
To keep track of your stock sale transactions, you can access the transaction history within the Cash App to view details of the sale, including the date, time, quantity sold, and the corresponding funds received.
Using Cash App Customer Support
If you encounter any issues or have questions regarding the cashing out of your stocks on Cash App, you can reach out to Cash App customer support for assistance and guidance on resolving any concerns you may have.
