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Free stock trading could come to Square’s Cash app

Sq.’s Money App already enables you to do extra than simply pay again your pals for lunch — the app began letting customers purchase and promote Bitcoin again in 2017. Quickly, it might offer you entry to a different sort of funding: Sq. is testing a function to let customers purchase and promote shares without cost, in response to Bloomberg.

We don’t understand how this would possibly really work, and Bloomberg didn’t share any particulars that it might or could not have seen. Sq. does make shopping for Bitcoin on the Money App fairly simple, so hopefully it brings that very same simplicity to its inventory buying and selling. Free inventory buying and selling app Robinhood already enables you to purchase and promote shares and cryptocurrencies with minimal friction, however Sq.’s Money App may possibly grow to be a one-stop-shop for transferring cash between friends, a number of varieties of investments, and your financial institution.

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