Does anyone use Cashapp or Bitcoin to do stock trading?

Generally speaking, it is not entirely unproblematic to use digital currencies to start trading stocks. Many online brokers only allow credit or debit cards or regular bank transfers for the purchase of shares. The providers that also allow deposits with cryptocurrencies are often not really certified and should therefore be treated with caution.

But even if you find a reputable provider that allows you to make a deposit with Bitcoin, Ethereum and Co, as an investor you should think carefully about whether you really want to do this. The fact is that you then virtually double your risk. After all, you don't just have to keep a close eye on the development of the stock market - the prices of cryptocurrencies are also subject to fluctuations. However, these are much more serious and short-term than with shares, so that you are exposing your money to an almost unnecessary additional risk.

It's easy to use digital currencies to start trading stocks. Most online brokers only allow debit cards, credit cards, or regulate bank transfers for purchasing shares.

Those providers that allow cryptocurrency deposits are often not certified, meaning you have to treat them with caution.

But even if you find a broker that allows you to deposit with cryptocurrencies, as an investor you should really think through if that is something you really want to do. It means you’re virtually doubling your risk as cryptocurrencies are subject to fluctuations.