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How To Sell Stocks On Cash App (A Complete Guide)

Are you looking to sell your hard earned stocks on Cash App? Here's a quick guide to help you out.
how to sell stocks on cash app

Cash App Investing has made buying stocks accessible to many, but what if you need to sell? Selling stocks on Cash App can seem tricky at a glance but don't worry, the process is just as straightforward.

This guide will walk you through selling your stocks on Cash App, from navigating through the Investing tile (now known as the stock tile) on the app to finalizing the sale.

Table of Contents

But Before You Sell

  • Market Conditions: Consider the current stock price and whether it aligns with your investment goals. Selling at a loss might not be ideal.
  • Amount to Sell: Decide how much of your stock you want to sell. You can sell all your shares or just a portion.

Selling Your Stocks On Cash App

To sell your stocks on Cash App:

  1. Open the Cash App: Launch the Cash App on your phone.
  2. Access Stock: Tap the Money tab on the bottom navigation bar. Then, select the Stock tile.
  3. Find Your Stocks: Scroll down to the Stocks Owned section. This will display a list of all the stocks you currently hold.
  4. Choose the Stock to Sell: Tap the name of the company whose stock you want to sell.
  5. Initiate the Sale: Tap the Sell button displayed below the company's information.
  6. Specify the Amount (Optional): Cash App might offer preset amounts to sell. You can choose one of these or tap the ••• option to enter a custom amount.
  7. Confirm the Sale: Once you've selected the amount to sell, confirm the transaction using your PIN or Touch ID.

Once you confirm the sale, it can take up to 2 business days for the proceeds to settle and be deposited into your Cash App balance. This timeframe may vary depending on market activity.

How to Transfer Stocks from Cash App to Bank Account

You can't directly transfer stocks from Cash App to your bank account since Cash App does not offer a direct option for that. However, you can do that in two steps which involve selling your stocks first and transferring the amount to your bank account.

Cash App doesn't currently allow directly transferring stocks to a bank account. However, you can achieve this by selling your stocks on Cash App and then transferring the proceeds to your bank account.

Let's break this process down:

Sell Your Stocks: Follow the steps mentioned above to sell stocks on Cash App. Once you confirm the sale, the proceeds will be deposited into your Cash App balance.

Transfer to Bank Account: With the funds from your stock sale sitting in your Cash App balance, you can now transfer them to your linked bank account. Here's how:

  1. Open the Cash App and tap on the Balance tab.
  2. Tap Cash Out.
  3. Enter the amount you want to transfer to your bank account.
  4. Select the bank account you want to transfer the money to.
  5. Choose your preferred transfer speed (standard or instant). Standard transfers are free but take 1-3 business days, while instant transfers come with a fee but are reflected in your account within minutes.
  6. Confirm the transfer with your PIN or Touch ID.

What is the Fastest Way to Make Money On Cash App Stocks?

Are you really looking for an answer to this? If you've been into stock investment for a while now, you should know there's no shortcut to success with this.

Yeah, there really isn't a "fastest way" to make money on Cash App stocks, or any stocks for that matter,  because investing involves risk.  Trying to get rich quick with stocks can lead to losing money quickly.

However, Cash App Investing can be a good tool for building wealth over time if you approach it with a smart strategy. Here are some things to consider for long-term success:

  • Invest for the Long Term: Focus on buying and holding stocks in solid companies with good growth potential. Don't chase short-term trends.
  • Do Your Research: Understand the companies you invest in. Read their financial statements and research their industry.
  • Diversify Your Portfolio: Don't put all your eggs in one basket. Spread your investments across different sectors and asset classes to minimize risk.
  • Invest Regularly: Consider setting up a recurring investment plan to consistently add to your portfolio over time.
  • Be Patient: The stock market has its ups and downs. Don't panic sell during downturns. Stick to your investment plan and ride out the waves.

Cash App does offer some features that can be helpful for new investors, such as fractional shares, which allow you to buy a portion of a stock for a smaller amount of money. This can be a good way to diversify your portfolio without a large initial investment.

Ultimately, the best way to make money with Cash App stocks is to be informed, and patient, and invest for the long haul.

What To Consider When Selling Stocks On Cash App

There are a couple of things to consider when selling stocks on Cash App, which include:

  • Minimum Sale: Cash App requires a minimum sale amount of $1.
  • Selling All or Most: If you try to sell close to the total amount you own (98% or more), Cash App will prompt you to sell everything. Be mindful of this when entering custom amounts.
  • Settlement Time: The proceeds from your sale may take up to 2 business days to be deposited into your Cash App balance.

Final Thoughts

Selling stocks on Cash App is a quick and convenient process. By following these steps and considering market conditions, you can effectively manage your stock portfolio and make informed investment decisions. Remember, investing always carries some risk, so it's wise to do your own research before buying or selling any stock.

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About the Author

Hi everyone, I'm Tebid Kelly! Shopping is my passion, and I'm known for scoring the best deals and navigating the online shopping world with ease. With years of experience using various digital payment apps like Apple Pay, Google Pay, Cash A…

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