Square is beating Coinbase on low-value bitcoin purchase fees, but that’s not its only bright spot
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Quick Take
- Square Cash App 3Q Bitcoin Insights
- Cash App offers significantly lower fees on small value bitcoin purchases (<$50) vs. Coinbase (retail app)
Square, the payment processor unicorn led by bitcoin believer Jack Dorsey, reported yet another record-breaking quarter of bitcoin purchase volumes ($148 million) within Cash App. According to analysis by The Block, while bitcoin volumes still pale in comparison to larger U.S. retail crypto exchanges, the surge in bitcoin demand at Square (18% Q/Q) grew at […]
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