What Are the Bitcoin Withdrawal and Purchase Limits on Cash App?

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What Are the Bitcoin Withdrawal and Purchase Limits on Cash App?

Cash App has become one of the most popular financial apps for sending and receiving money, purchasing Bitcoin, and withdrawing cash at ATMs. However, users often wonder about the Bitcoin withdrawal and purchase limits on Cash App. Understanding these limits is crucial for anyone looking to use the platform for cryptocurrency transactions. In this guide, we provide detailed insights into the limits imposed on Bitcoin transactions and ATM withdrawals, along with steps to increase those limits.

Cash App Bitcoin Withdrawal Limit

Cash App allows users to withdraw Bitcoin, but there are limits in place to ensure security and compliance with financial regulations. The Bitcoin withdrawal limit on Cash App is:

• $2,000 worth of Bitcoin per 24 hours

• $5,000 worth of Bitcoin per 7-day period

This means that within a single day, you cannot withdraw more than $2,000 worth of Bitcoin, and over a rolling 7-day period, you are limited to $5,000.

How to Withdraw Bitcoin from Cash App?

To withdraw Bitcoin from Cash App:

1. Open Cash App and tap on the Bitcoin tab.

2. Select Withdraw Bitcoin.

3. Enter the amount you want to withdraw.

4. Scan the QR code or manually enter the recipient’s wallet address.

5. Confirm the withdrawal and wait for the transaction to be processed.

Cash App Withdrawal Limit at ATMs

Apart from Bitcoin withdrawals, Cash App also imposes limits on ATM withdrawals. The Cash App ATM withdrawal limit is:

• $310 per transaction

• $1,000 per 24 hours

• $1,000 per 7-day period

These limits apply when using the Cash App Card at an ATM to withdraw cash.

How to Withdraw Cash from an ATM Using Cash App?

1. Insert your Cash App Card into the ATM.

2. Enter your PIN.

3. Select Withdrawal and choose the amount.

4. Confirm the transaction and collect your cash.

Cash App Bitcoin Send Limit Per Day

If you are sending Bitcoin to another wallet, Cash App enforces daily limits. The Bitcoin send limit per day on Cash App is:

• $2,000 per 24 hours

• $5,000 per 7-day period

This means you cannot send more than $2,000 worth of Bitcoin in a single day.

How to Send Bitcoin on Cash App?

1. Open Cash App.

2. Tap on the Bitcoin tab.

3. Select Send Bitcoin.

4. Enter the amount you want to send.

5. Provide the recipient’s Bitcoin wallet address.

6. Confirm and complete the transaction.

Cash App Bitcoin Purchase Limit

The Bitcoin purchase limit on Cash App depends on verification status. By default, the limits are:

• $100,000 worth of Bitcoin per week

This means you can buy up to $100,000 worth of Bitcoin in any 7-day period. There is no daily limit on Bitcoin purchases, but transactions are subject to weekly caps.

How to Buy Bitcoin on Cash App?

1. Open Cash App.

2. Go to the Bitcoin tab.

3. Tap Buy Bitcoin.

4. Enter the amount you want to purchase.

5. Confirm the purchase and complete the transaction.

Cash App Daily Bitcoin Limit

For those dealing with frequent Bitcoin transactions, Cash App’s daily Bitcoin limit includes both withdrawals and sends. The limits are:

• $2,000 per day (for sending and withdrawing combined)

• $5,000 per 7-day period

How to Increase Cash App Bitcoin Withdrawal or Purchase Limit

If you need Increase Bitcoin withdrawal limit on Cash App, you must verify your identity. Here’s how:

Steps to Increase Your Limits

1. Open Cash App and go to Settings.

2. Navigate to the Bitcoin & Crypto section.

3. Tap on Increase Limits.

4. Provide your full name, date of birth, and SSN.

5. Upload a valid government-issued ID.

6. Take a clear selfie for verification.

7. Wait for approval, which may take 24–48 hours.

Once verified, Cash App may grant higher withdrawal and purchase limits based on your account activity and transaction history.

FAQs

1. Can I withdraw Bitcoin instantly on Cash App?

Yes, but it depends on the network congestion. Bitcoin withdrawals may take from a few minutes to several hours.

2. What is the Cash App ATM withdrawal fee?

Cash App charges $2.50 per ATM withdrawal. However, direct deposit users may receive ATM fee reimbursements.

3. Can I increase my Cash App ATM withdrawal limit?

No, the $1,000 per week ATM limit cannot be increased.

4. Why is my Bitcoin withdrawal pending on Cash App?

Pending withdrawals can occur due to network congestion or security verification.

5. What happens if I exceed my Bitcoin withdrawal limit?

Any withdrawals exceeding your limit will be declined. You will need to wait for the 24-hour or 7-day period to reset.