Buzz
An easy-to-follow guide to liquidating stocks bought through Cash App Investing
Interested in investing in and offloading stocks through Cash App? Cash App Investing enables you to buy stocks directly within the app and keep track of their performance. You can also sell them at your convenience, adhering to Cash App's selling limits. This guide will walk you through the process of selling stocks purchased via Cash App on your iPhone, iPad, or Android device.
Key Points to Remember
- To initiate a sale, navigate to the 'Money' tab → 'Investing' → 'Stocks Owned' → select the company.
- Choose 'Sell' → specify the amount → confirm with your PIN or Touch ID. It may take up to 2 days to receive your funds.
- Sale amounts must be at least $1, and you can only sell up to 98% or 100% of your stock at a time.
Step-by-Step Guide
Selling Stocks
Launch the Cash App application. It's identifiable by a white $ set against a green backdrop.
- Cash App is accessible for iPhone users
and Android users alike.
Touch Money. This option is located at the bottom, featuring a dollar symbol ($).
Tap Investing. You might need to scroll down to locate this section.
Scroll down to locate 'Stocks Owned'. You'll find a comprehensive list of all currently purchased stocks.
Tap on the company's name. Companies are listed alphabetically for easy navigation.
Tap on Sell. Look for this option located beneath the company's name.
Choose an amount. Cash App provides preset amounts for convenience. Simply tap on one to select.
- You can also tap ••• to input a custom amount.
Input your PIN or use Touch ID. This action will confirm your transaction.
- Your stocks will be sold. It may take up to 2 business days for the sales proceeds to be deposited into your Cash App balance.
- You can keep track of your other stock investments on the Home page, under the Investment section.
Selling Stock Limits
Ensure your sale amount is at least $1. You cannot sell stock for less than this amount.
You have the option to sell up to 98% or the entirety (100%) of your stock. If you intend to sell nearly all of your holdings, the sale must be less than 98%. Otherwise, you must sell the entire 100%.
You're limited to three (3) day trades within a rolling 5-day trading span. A day trade occurs when you both buy and sell the same stock on the same market day. If you hit your day trade cap, you're still allowed to buy and sell stock as long as the sales occur on separate days.
