When it comes to selling your stock on Cash App, the process is simple and straightforward. Whether you are looking to cash out your investment or simply want to take profits, Cash App makes it easy for you to manage your stock portfolio.
To begin the process of cashing out your stock on Cash App, start by tapping the Money tab on your Cash App home screen. This tab is where you can access all your financial transactions and investments on the app.
Once you are on the Money tab, locate and tap on the Stocks Tile. This tile will show you all the stocks that you currently own through Cash App Investing. Scroll down to find the Stocks Owned section where you can view the list of companies whose stock you hold.
Next, select the company whose stock you want to sell from the list. By tapping on the company, you will be directed to the selling page where you can proceed with the cash-out process.
On the selling page, you will see the option to press the Sell button. This button will initiate the selling process for the selected stock. You will then be prompted to select an amount that you wish to sell. You can either choose from the suggested amounts or enter a custom amount by tapping on the three dots icon.
After selecting the amount you want to sell, Cash App will ask you to confirm the transaction by entering your PIN or using Touch ID for verification. This step ensures the security of your transaction and protects your stock investment.
Once you have confirmed the sale, Cash App will process the transaction and execute the sale of your stock. The cash proceeds from the sale will be deposited into your Cash App account, allowing you to access and use the funds as needed.
It is important to note that there may be fees associated with selling stock on Cash App, so be sure to review the fee structure on the app before proceeding with the cash-out process.
After completing the sale, you can monitor your transaction history on Cash App to track the details of the stock sale and keep a record of your investment activities. This feature provides transparency and visibility into your financial transactions.
Overall, cashing out stock on Cash App is a user-friendly experience that empowers investors to manage their stock portfolio effortlessly. By following the simple steps outlined above, you can sell your stock on Cash App with ease and convenience.
