What is the Daily or Weekly Withdrawal Limit for Bitcoin on Cash App?

Cash App has become a popular platform for buying, selling, and withdrawing Bitcoin. However, users often face limitations on how much they can withdraw within a day or a week. Understanding these limits is crucial for effective Bitcoin transactions.

Cash App Bitcoin Withdrawal Limits

• Daily Bitcoin Withdrawal Limit on Cash App: Cash App imposes a daily Bitcoin withdrawal limit to ensure security and prevent fraudulent transactions. As of now, the daily withdrawal limit for Bitcoin on Cash App is $2,500 worth of BTC.
• Weekly Bitcoin Withdrawal Limit on Cash App: The weekly Bitcoin withdrawal limit on Cash App is $7,500 worth of BTC. If you hit this limit, you must wait for the reset period before initiating another withdrawal.

How to Increase Cash App Bitcoin Limit from $2,500 to $7,500?

If you want to increase your Bitcoin withdrawal limit on Cash App, follow these steps:

1. Verify Your Identity on Cash App

• Open Cash App and go to Settings.
• Tap on Bitcoin and select Increase Limits.
• Provide your full legal name, date of birth, and the last four digits of your Social Security Number (SSN).
• Upload a clear photo of your government-issued ID.
• Cash App may also require a selfie to confirm your identity.

2. Maintain a Strong Transaction History

Cash App may consider increasing your limit based on a good transaction history. If you regularly buy, sell, and withdraw Bitcoin without any suspicious activity, your account is more likely to be eligible for higher limits.

3. Contact Cash App Support

If your limit remains at $2,500 despite verification, you can reach out to Cash App Support and request a limit increase. Explain your need for higher Cash App withdrawal limits and provide any necessary documents they request.

Can I Cash Out My Bitcoin on Cash App?

Yes! Cash App allows users to cash out their Bitcoin holdings by withdrawing to an external wallet or converting BTC to USD.

How to Withdraw Bitcoin from Cash App to an External Wallet

• Open Cash App and tap on Bitcoin.
• Click on Withdraw Bitcoin.
• Enter the amount of BTC you want to withdraw.
• Paste the recipient wallet address or scan the QR code of the external wallet.
• Select Withdrawal Speed (Standard or Priority, with varying fees).
• Confirm the transaction.

Bitcoin withdrawals typically take 30 minutes to several hours depending on network congestion.

How to Sell Bitcoin on Cash App and Withdraw USD

• Open Cash App and go to Bitcoin.
• Tap Sell Bitcoin.
• Choose the amount of BTC you want to sell.
• Confirm the sale.
• The amount will be credited to your Cash App balance.
• Withdraw the USD to your linked bank account or Cash App Card.

How Long Does Cash App Bitcoin Limit Reset?

Bitcoin withdrawal limits on Cash App reset every 7 days. If you hit your weekly limit of $7,500 BTC withdrawals, you must wait until your limit resets.

When Does the Bitcoin Limit Reset?

• The reset time varies per user and depends on the time of the first transaction that counted toward your limit.
• To check your remaining withdrawal limit, go to Settings > Bitcoin > Withdrawal Limits.

Conclusion

Cash App offers a convenient way to buy, sell, and withdraw Bitcoin, but users must be aware of the $2,500 daily and $7,500 weekly withdrawal limits. To increase Cash App bitcoin limits, ensure your identity is verified, maintain a solid transaction history, and contact Cash App Support if needed. If you need to cash out Bitcoin, you can either withdraw to an external wallet or convert BTC to USD and withdraw to your bank.