Cash App is not only a convenient tool for sending and receiving money, but it has also become one of the easiest ways for beginners to buy, sell, and hold Bitcoin. However, many users eventually ask the important question:
Whether you’re looking to store your Bitcoin in a more secure wallet, use it for purchases, or send it to an exchange like Coinbase or Binance, understanding how to transfer Bitcoin off Cash App is critical for managing your cryptocurrency effectively.
What Is Cash App Bitcoin?
Before we dive into the details of how to transfer Bitcoin of Cash App, it helps to understand how Cash App handles Bitcoin.
Cash App allows users to:
- Buy and sell Bitcoin directly from the app
- Receive Bitcoin from external wallets
- Withdraw or transfer Bitcoin to external wallets
- Store Bitcoin in a custodial Cash App wallet
While the app is beginner-friendly, many users eventually want more control over their crypto. That’s when transferring Bitcoin off the platform becomes necessary.
Can You Transfer Bitcoin off Cash App?
Yes, you can transfer Bitcoin off Cash App.
Cash App supports Bitcoin withdrawals, meaning you can send Bitcoin from your Cash App balance to any external BTC wallet, such as:
- A hardware wallet (e.g., Ledger, Trezor)
- A mobile wallet (e.g., Trust Wallet, Exodus)
- A desktop wallet
- A crypto exchange (e.g., Coinbase, Kraken, Binance)
This makes Cash App not only a tool for buying and holding crypto but also a gateway to the broader Bitcoin ecosystem.
Requirements Before You Transfer Bitcoin off Cash App
Before initiating a transfer, make sure the following conditions are met:
- Verify Your Identity
Cash App requires full identity verification before allowing Bitcoin withdrawals. You’ll need to:
- Submit a government-issued ID
- Provide personal details (name, DOB, SSN)
- Possibly take a selfie for facial verification
- Enable Bitcoin Withdrawals
Once verified, Bitcoin withdrawals will be unlocked in your account. This process may take a few hours or up to 48 hours.
- Have Enough Bitcoin
There is a minimum withdrawal limit, usually 0.001 BTC. You also need enough to cover network fees, which are shown before you confirm the transfer.
How to Transfer Bitcoin of Cash App – Step-by-Step Instructions
Let’s walk through how to transfer Bitcoin of Cash App to an external wallet:
1: Open Cash App
Launch the app and log into your account.
2: Navigate to the Bitcoin Section
- Tap the Bitcoin (₿) icon or go to your Investing tab.
- Select Bitcoin to view your balance.
3: Tap “Send Bitcoin”
- Choose the “Send” button to initiate a BTC transfer.
4: Enter the Amount
- Input the amount of Bitcoin you want to send.
- Double-check it’s above the minimum withdrawal threshold.
5: Paste or Scan Recipient Address
- You can either paste the BTC wallet address or scan a QR code from the receiving wallet.
- Always verify the address carefully to avoid losing your funds.
6: Confirm the Transfer
- Cash App will show the network fee and total BTC to be sent.
- Confirm the transaction and complete two-factor authentication if enabled.
7: Wait for Blockchain Confirmation
- Once submitted, your transfer will be broadcast to the Bitcoin network.
- Confirmation usually takes 10 minutes to 1 hour depending on network traffic.
And that’s it—you’ve successfully completed a Bitcoin transfer off Cash App!
Transfer Bitcoin of Cash App: Important Details
Here are a few things you should know when initiating a transfer:
🔒 Security Tips
- Always double-check the wallet address
- Enable 2FA (Two-Factor Authentication) on your account
- Only send to BTC-compatible addresses (not Ethereum, BNB, etc.)
💸 Bitcoin Withdrawal Fees
Cash App charges a network fee for Bitcoin withdrawals. This fee goes directly to miners and varies based on congestion. It’s displayed before you finalize the transfer.
Cash App does not charge an additional withdrawal fee.
📉 Withdrawal Limits
According to Cash App’s current policy:
- Minimum withdrawal: 0.001 BTC
- Weekly limit: $2,000 worth of BTC
- Daily limit: 1 withdrawal per 24 hours
Always check your account settings for updated limits.
Why Transfer Bitcoin off Cash App?
There are several reasons why you might want to transfer Bitcoin of Cash App to another wallet:
- More Control
Storing Bitcoin in a non-custodial wallet gives you full ownership of your private keys. With Cash App, your crypto is held by the company (custodial).
- Higher Security
Hardware and cold wallets offer much better protection against hacks, app crashes, or company closures.
- More Features
You may want to:
- Use BTC in DeFi apps
- Swap for other cryptocurrencies
- Stake, lend, or earn interest
Cash App doesn’t support advanced crypto functionality.
- Privacy
Third-party wallets allow you to maintain more anonymity, as you can use pseudonymous addresses not tied to your real identity.
FAQs About Transferring Bitcoin from Cash App
Q: Can you transfer Bitcoin of Cash App to Coinbase?
A: Yes. Just copy your BTC deposit address from Coinbase and paste it into Cash App’s “Send” screen.
Q: How long does a Cash App Bitcoin transfer take?
A: Typically between 10 minutes and 1 hour, depending on network congestion.
Q: Is there a fee for transferring Bitcoin off Cash App?
A: Yes, but only the network fee, which goes to miners—not Cash App.
Q: Can I cancel a Bitcoin withdrawal?
A: No. All Bitcoin transactions are irreversible once broadcast to the blockchain.
Q: Can I transfer Bitcoin off Cash App to another person?
A: Yes. You can send Bitcoin directly to any external BTC wallet address, including someone else’s.
Final Thoughts: Can You Transfer Bitcoin of Cash App?
So, to summarize:
- Can you transfer Bitcoin of Cash App? – Yes, absolutely.
- How to transfer Bitcoin of Cash App? – Through the “Send Bitcoin” option after verification.
- Is it safe? – Yes, if you follow security best practices.
Whether you’re securing your crypto in a cold wallet, using it for purchases, or investing on another exchange, knowing how to transfer Bitcoin off Cash App gives you full control over your digital assets.
Just make sure to verify your identity, check the address twice, and account for withdrawal limits and network fees. Once you’re familiar with the process, managing your Bitcoin becomes faster, safer, and far more flexible.