Cash App is making strides as an inclusive financial service, offering features like Bitcoin (BTC) trading. This guide, updated for June 15, 2025, details how to send Bitcoin from your Cash App wallet.
Table of contents
Setting Up Bitcoin on Cash App
- Update Cash App: Ensure you have the latest version.
- Verify Identity: Complete the verification process.
- Add BTC: Fund your Cash App Bitcoin wallet.
Sending Bitcoin
Cash App requires a minimum of 0.0001 BTC for withdrawals.
Steps to Send:
- Tap the “Money” tab.
- Select “Bitcoin;”
- Tap the arrows icon.
- Choose “Send Bitcoin.”
- Enter the amount.
- Enter the recipient’s Bitcoin wallet address. You can:
- Paste: Copy and paste the wallet address;
- QR Scanner: Use the built-in scanner.
- Double-Check: Verify the address for accuracy. Incorrect addresses can result in permanent loss.
Cash App may charge a spread fee (0-1%) depending on market conditions, but this fee does not apply to automatic investing.
Important Considerations
- Network Fees: Be aware of potential network fees associated with Bitcoin transactions. These fees are not controlled by Cash App and can fluctuate based on network congestion.
- Transaction Confirmation: Bitcoin transactions require confirmation on the blockchain. The time it takes for a transaction to confirm can vary.
- Security: Protect your Cash App account with a strong password and enable two-factor authentication for added security.
- Wallet Compatibility: Ensure the receiving wallet is compatible with Bitcoin (BTC) transactions. Sending to an incompatible wallet could result in lost funds.
Alternative Sending Options
While the steps above outline sending Bitcoin to an external wallet, you can also send Bitcoin to other Cash App users directly. This is generally faster and may incur lower fees.
Sending to Another Cash App User:
- Open Cash App.
- Tap the “$” icon.
- Enter the amount of Bitcoin you wish to send.
- Tap “Pay.”
- Enter the recipient’s $Cashtag, phone number, or email address.
- Confirm the payment details and tap “Pay.”
Staying Informed
The world of cryptocurrency is constantly evolving. Stay updated on the latest Cash App policies and Bitcoin news to ensure you are making informed decisions.
