Sending stock

You can send stock to your friends and family for free using your Cash Balance or linked card. You do not need to own any stocks to send it.

On the main payment pad:

1. Enter the amount, in USD, of stock you would like to send

2. Enter the recipient's $cashtag and select “send as” Stock

3. Search for the stock or company name

4. Select the stock you would like to send

5. Tap next and follow the prompts to confirm send

You can also send stock from any stock detail page by tapping on the gift icon.

Common use cases for sending stock

• Splitting bills and paying friends or family

• Gifting and appreciation

• Getting friends or family started with Investing

Sending stock from the main payment pad:

*Images are for illustrative purposes only and not a recommendation

Sending stock from the stock detail page:

*Images are for illustrative purposes only and not a recommendation

Receiving stock

When you receive stock, you are receiving a transfer of funds that may be used to purchase that stock. Upon receiving stock, you have two options:

1. Accept Stock: By accepting the stock, you use the funds sent to you to place a trade for that particular stock for your brokerage account. If you do not have a brokerage account with Cash App Investing, you will be required to create one first. If the market is open, the trade will be placed immediately. If the market is closed, the trade will be scheduled for after the next market open. Once the trade has completed, you will see your stock under the My Portfolio section in the app. You are able to hold on to the stock or sell at any time.

2. Decline Stock: Declining the stock adds the funds to your Cash Balance.

Sent stock will return to the sender after 21 days if it’s not accepted.

Important things to note:

• Sending stock: There are no fees or tax implications for sending stock. You are simply sending USD earmarked for a particular stock. Note You can only send stock to recipients age 13-17 with an active sponsorship, or someone over the age of 18.

• Accepting stock: When a stock is accepted, a trade is placed for that particular stock in the amount that was sent. The trade will be placed at the stock’s market price at the time of acceptance. Once the trade is placed, the recipient owns the stock and it is theirs to hold or sell at their discretion.

• Selling stock: Selling stock may have tax implications. If you have questions about your particular tax situation, you should consult a tax advisor. You can learn more about stocks & taxes here. While Cash App Investing does not charge any fees per trade, there may be fees assessed that are required by government agencies (such as the SEC). We will disclose these fees prior to your confirmation of a trade, and they will be listed in the trade confirmation. Investing involves risks and stocks may lose value.