With Cash App, users can request and receive payments via app or email, withdraw to a bank account using Cash Card, or transfer to local banks using $Cashtag.
No fees for individual payments.
Also used for donations, online tipping, and investing in blockchain/crypto stocks with as little as $1. Crypto buying/selling options available as well.
Consider Bitcoin Bank App for daily profits in crypto.
Important Things to Know When Withdrawing Bitcoin from Cash APP
In January 2018, Cash App expanded by adding Bitcoin buying and selling, attracting 7 million active users by February.
Users can securely hold and transfer Bitcoin worldwide, stored offline for added security.
Consider Cash App Bitcoin withdrawal for full control of your coins and private keys.
Step by Step Guide
Therefore, after you have purchased Bitcoin using the app, you may wish to withdraw the coins to an external crypto wallet.
The problem is how to carry out Cash App Bitcoin withdrawal. In this article, we will show you how to withdraw Bitcoin from Cash App.
It takes just a few minutes to withdraw your coins, and here are the steps to follow.
Step 1: Go to the “Banking” Tab on the Home Screen
As Cash App has several functions, there are several tabs on the home screen, but to make a Cash App Bitcoin withdrawal, you need to tap the “banking” button on the home screen.
This displays options on the next screen.
Step 2: Select Bitcoin
The next step in our guide on how to withdraw Bitcoin from Cash App is to select BTC in order to commence the withdrawal.
Out of the options, select “withdraw Bitcoin.”
Step 3: Choose How You Want to Receive Payment
Choose “Bitcoin Withdrawal” and pick between scanning a QR code or entering a Bitcoin wallet address.
For computer wallets, QR code scanning is convenient.
If you don’t have a wallet, there are many options for mobile and desktop.
Consider a hardware wallet like Trezor or Ledger for added security, especially with larger holdings.
Step 4: Confirm Withdrawal
Complete your withdrawal using your app PIN or touch ID for security.
This prevents unauthorized access to your Bitcoins.
Note: You need at least 0.0001 BTC in your account to withdraw.
The daily limit is $2,000, and the 7-day limit is $5,000. External wallet withdrawals take just 30-40 minutes.
Conclusion
Now that you know how to withdraw Bitcoin from Cash App, you can go ahead and try using it to buy some Bitcoins and try to make a withdrawal.
This should be fun, especially if you are getting your first Bitcoin and withdrawing it to your first personal wallet.