Cash App Flipping Isn’t a Scam, Unless You Make It One

There are many Cash App flips out there–most of which are scams. Flipping money is at the top of the list when it comes to scams. But I want to show you how to flip money on Cash App while avoiding those scams.

It is crucial to know the difference between a real Cash App money flip versus a scammer promising to flip your money with Cash App. One of the worst things that can happen to anyone is to be scammed out of their hard-earned money. Scammers are out there; stay on defense and keep your money safe by avoiding them.

The most important thing to understand is that you must never send money through Cash App to strangers and expect to get money in return. It doesn’t work that way. Cash App is meant to complete person-to-person transfers among your friends, family, and legitimate customers and clients. Essentially, only transfer money to people you know and trust. If you stick to the people that you know, you are off to a good start.

What Is a Cash App Flip and Are They Real?

The term “Cash App money flip” often comes with a negative connotation. Most mentions you see on social media are, in fact, scams.

But there is a way to “flip” Cash App money in some totally legal and acceptable ways. Basically, it’s when you use the app to turn any amount of money into more money.

I want to be fully transparent here and acknowledge that the term “Cash App flip” is typically associated with Cash App scams. However, the term “flipping money” has been around for a very long time. Flipping money refers to taking money and turning it into more money–and there are many legal ways to flip money.

For example, if you are buying second-hand products and selling them for a profit, that is called flea market flipping. There is nothing illegal about this and you can even use Cash App to facilitate the flip. Essentially, every single business model involves a form of flipping money (ie turning an investment of some kind into more money).

Cash App has many features that other money apps don’t have, which makes it a top app to have to control all aspects of your finances from one platform. It’s easy to set up Cash App on your phone in just a few minutes.

Related: How to Set Up Cash App Without a Bank Account

5 Legit Flips Using Apps Like Cash App

The biggest question most money flippers have is whether or not they can flip money without having to hustle and grind on the daily.

We all want to know how to make our money work for–instead of against–us. The five Cash App money flips listed here will take time, discretion, and will work differently from those social media scams you have probably seen.

1. Flip $5 Into $10 on Cash App

Cash App offers a free sign-up bonus of $5 when you first sign up. The Cash App flip requires you to first enter a debit card and send at least $5 to another app user.

Once you send the $5 to them, you get the $5 cash bonus. Work with a friend on this and ask them to send your $5 back. That way you can actually turn your $5 into $10.

This is a limited, one-time bonus that you can get for entering a referral code, and it must be activated within 14 days of signing up for a new account.

Related: Cash App Card Designs to Inspire Creativity

2. Flip $5 Into $30 Over and Over

Cash App offers a referral bonus of $30 when a friend or family member signs up for an account using your unique code. Each referral must connect a debit card and use the app to send at least $5 within 14 days to activate the bonus.

You can easily take $5, send it to a friend or family member, and have them send that same $5 back to you to activate bonuses all around. Each time someone new uses your code, you get $30 and they get $5.

Use the Cash App referral code bonus process of sending $5 to new accounts associated with family and friends over and over. There currently is no limit to how many invitations you can send. You can potentially flip that same $5 continuously until you’re tired of making money (which is unlikely to happen).

Related: 100+ Cash App ATM Locations

3. Flip Bitcoin on Cash App

Using the Auto Invest feature on Cash App, you can flip Bitcoin by automating the buying and selling of it. Having this automation in place can help you earn and store the value of Bitcoin on a frequent basis, which then adds to your bottom line.

There is a minimum of $10 you have to set up to invest in Bitcoin in order to use the automation feature. Fees associated with investing on Cash App include government fees (such as SEC) that are disclosed to you prior to confirming any trades.

Related: How to Invest and Make Money Daily

4. Flip Stocks on Cash App

Flip stocks by setting up recurring transfers on Cash App. Use the Auto Invest feature to designate how much of your funds you would like to invest and how often. This is a great way to grow your money by automatically investing it with promise to grow as stocks grow.

Popular stocks include Amazon, Shopify, Square, Apple, and many more. You can also search for and invest in ETFs on Cash App. The fees that come with this feature include any government fees that you will know about before making a trade.

Related: How to Invest in Amazon Stock

5. Flip Second-Hand Finds With Cash App

There is so much potential to make money with flipping second-had items. One person’s trash could be another person’s treasure. Invest in cheap finds, clean them up, and sell them locally using the Cash App. Simply use the funds that you make selling those items and turn your gain into Bitcoin, stocks, or ETFs.

The Cash App Money Flip Scams to Avoid

These are the scams you will potentially see swirling around out there. Be mindful and steer clear of them.

Turning $100 to $800 on Cash App

A scam, also known as a “money circle,” promises users an $800 return on their initial $100 investment. If you join the group and pay with Cash App, the scammers promise you’ll be up next in line to collect your $800 within a few hours.

Basically, you will never see your money again and the scammer just collected a nice payday from participating individuals. The message usually comes to a social media account or text message explaining the rules of the game and then asks you if you want to play.

While there are real people behind these scams, many of them don’t understand the issue with the process. If you can get a handful of people to participate, yes, some people will end up with extra money. But like any other pyramid scheme, the bottom of the structure crumbles, and many people end up losing money. The Cash App $100 to $800 scheme is not a legit Cash App money flip to join.

Related: How to Use Cash App for Kids

Cash App Money Flip Software

There are no legitimate Cash App money flip software programs out there. The scammers want you to download their “software” which gives them access to hack your account. This potentially leads to them withdrawing your funds. Do not fall for any request to download Cash App money flip software, no matter how legitimate the advertisement appears to be.

Self-Proclaimed Bitcoin Flippers

There are scammers out there waiting to jump on the opportunity to invest in Bitcoin on your behalf. It is recommended to never allow a stranger to handle your investments, Bitcoin included. Instead, invest in Bitcoin for yourself.

Don’t fall for this Cash App flip hack scam. Essentially, the scammer will take your money instead of investing it on your behalf.

Related: Is the $750 Cash App Real or Fake?

Requests to Accept Payment via Check

There are all sorts of check payment scams going around. Beware of the ones telling you they will send you a big check if you send some dollar amount through Cash App to them or to a “college” $Cashtag.

Instead of you ending up with the increase for doing the scammer a “favor,” the check they send you bounces. By then, they are long gone with your Cash App payment.

This is not a deal you want to have any part of and will result in them getting away with your money. It is very difficult to catch these criminals.

Related: Best Cash App Names

Cash App Can Be an Amazing Tool in the Right Hands

Scammers will always try to find a way to infiltrate apps like Cash App. It’s important for those who use any kind of app to be aware of new and current scams. If something doesn’t feel right, trust your instinct. It’s up to you to determine the difference between scams and legit opportunities.

When done the right way, Cash App flips can add income to your bottom line. Regardless of if you need a little extra now or for your future, Cash App has a way of making those dreams a reality.

Related: Reasons a Random Person Sent Me Money on Cash App

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