Aug 2, 2018Â â‹…Â 1 min read
Payment company Square reported that during Q2'18 users purchased $37.0 million worth of bitcoin ($BTC) on its Cash app. During the same period, Square spent $36.6 million buying bitcoin to facilitate trades resulting in a profit of $420,000. The platform does not charge explicit fees for trading but instead adds a small margin to each transaction.
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