Cash App is a widely used mobile payment service that allows users to buy, sell, and withdraw Bitcoin. However, like any financial platform, it imposes limits on Bitcoin transactions to ensure security and compliance. If you’re wondering about the maximum limit for Cash App Bitcoin transactions, this guide will cover everything you need to know, including withdrawal, purchase, and sending limits, as well as ways to increase these limits.
What is the Cash App Bitcoin Withdrawal Limit?
Cash App allows users to withdraw Bitcoin to an external wallet, but there are strict withdrawal limits in place. Currently, the limits are:
- Cash App Daily Bitcoin Withdrawal Limit: $2,000 worth of Bitcoin per 24-hour period.
- Cash App Weekly Bitcoin Withdrawal Limit: $5,000 worth of Bitcoin per 7-day period.
These limits apply regardless of the price fluctuations of Bitcoin. If you attempt to withdraw more than the allowed limit, your transaction will be declined until the limit resets.
What is the Cash App Bitcoin Purchase Limit?
Cash App also places restrictions on Bitcoin purchases to ensure compliance with regulatory standards. The purchase limits are:
- Cash App Daily Bitcoin Purchase Limit: $100,000 worth of Bitcoin per 24-hour period.
- No Monthly Limit: Unlike withdrawals, there is no specified monthly purchase limit, allowing users to buy large amounts over time.
Purchases can be made using your Cash App balance, linked bank account, or debit card, depending on your account settings.
What is the Cash App Bitcoin Sending Limit?
Cash App users can send Bitcoin to other Cash App users or external wallets. The sending limits align closely with the withdrawal limits:
- Cash App Daily Bitcoin Sending Limit: $2,000 worth of Bitcoin per day.
- Cash App Weekly Bitcoin Sending Limit: $5,000 worth of Bitcoin per week.
These limits apply whether you’re sending Bitcoin to a friend on Cash App or transferring it to an external wallet.
When Does the Weekly Bitcoin Withdrawal Limit Reset?
Cash App resets its weekly Bitcoin withdrawal limit on a rolling 7-day basis. This means that instead of resetting on a fixed day of the week, the limit resets based on when you made your first withdrawal in the previous week.
For example:
- If you withdraw $2,500 worth of Bitcoin on Monday and another $2,500 on Wednesday, you’ll have reached your $5,000 weekly limit.
- The limit will reset exactly seven days after each transaction. That means you can start withdrawing again the following Monday and Wednesday when those limits are released.
How to Check the Bitcoin Withdrawal Limit on Cash App
If you’re unsure about your current cash app Bitcoin withdrawal limits, you can check them directly in the app:
- Open Cash App on your mobile device.
- Tap on the Bitcoin tab in the investing section.
- Select Withdraw Bitcoin to see your available withdrawal limit.
- If you’ve hit your limit, you’ll receive a notification about when it will reset.
How to Increase My Bitcoin Withdrawal Limit on Cash App
While Cash App imposes standard limits, it does allow users to request higher withdrawal limits under certain conditions. Here’s how you can increase your cash app Bitcoin withdrawal limit:
1. Verify Your Identity
Cash App requires users to verify their identity before increasing Bitcoin limits. To do this:
- Go to your profile settings.
- Submit a government-issued ID.
- Provide additional personal details such as your full name, date of birth, and Social Security Number (SSN).
- Wait for Cash App to approve your verification, which can take up to 48 hours.
2. Enable Two-Factor Authentication (2FA)
Using 2FA enhances your account security, making it more likely that Cash App will approve higher limits for your account.
3. Increase Your Cash App Account Activity
The more frequently you use Cash App for transactions, the higher your chances of getting an increased Bitcoin withdrawal limit.
4. Contact Cash App Support
If you need to withdraw more than the set limits, reach out to Cash App customer support. They may review your account and offer personalized limit increases if you meet their criteria.
How to Increase Cash App Limit?
If you want to increase not just your Bitcoin limits but also your general Cash App transaction limits, follow these steps:
- Verify Your Identity – As mentioned earlier, verifying your identity can increase your sending, receiving, and withdrawal limits.
- Link a Verified Bank Account – Adding a verified bank account increases trust in your transactions, which can help in raising your limits.
- Use Cash App Frequently – Consistently using Cash App for transactions can help in getting higher limits over time.
- Build a Transaction History – The more reliable your transaction history, the more likely Cash App will consider increasing your limits.
Final Thoughts
Cash App offers a convenient way to buy, send, and withdraw Bitcoin, but users need to be aware of the platform’s transaction limits. While daily and weekly limits exist for Bitcoin withdrawals and purchases, you can increase these limits by verifying your identity, enabling 2FA, and maintaining a good transaction history.
