If you are using Cash App to buy, sell, or withdraw Bitcoin, you have probably noticed there are limits on how much you can move at once. Whether you are a casual investor or actively trading crypto, hitting these limits can be frustrating. The Cash App Bitcoin withdrawal limit exists for good reasons: it keeps your account secure, prevents fraud, and ensures the platform follows financial regulations.
But here is the good news — you can increase your limit by verifying your account. So, let's begin and learn more about Bitcoin limits on Cash App, how to check your current limit, and most importantly, how to increase Cash App Bitcoin withdrawal limit step by step. By the end, you will know exactly how to withdraw your Bitcoin smoothly and safely.
What Is the Bitcoin Withdrawal Limit on Cash App?
Cash App makes it easy to buy, sell, and withdraw Bitcoin, but limits apply to ensure safety. By default:
- You can withdraw up to $2,000 worth of Bitcoin per day.
- Your weekly limit is $5,000 worth of Bitcoin.
- These limits specifically apply to withdrawing Bitcoin to an external wallet. They are separate from your standard Cash App sending limits for dollars. If you want to move more Bitcoin than these default limits allow, you will need to verify your account.
Why Cash App Has Bitcoin Withdrawal Limits?
You might wonder why Cash App does not let you withdraw unlimited Bitcoin. The limits are there for several important reasons:
- Cash App Bitcoin transactions are irreversible. Limits protect you if your account gets hacked.
- Cash App follows financial regulations and anti-money laundering rules. Limiting withdrawals helps them stay compliant.
- Restrictions reduce the risk of large-scale scams or illegal activity on the platform.
In short, these limits are there to protect both you and the platform.
How to Check Your Current Bitcoin Withdrawal Limit?
Before requesting a higher limit, it is important to see what your current limit is. Here is how to check it:
- Open the Cash App on your phone.
- Tap on the Bitcoin tab on the home screen.
- Select “Withdraw Bitcoin.”
- Your current daily and weekly withdrawal limits will appear on the screen.
- If you are hitting this limit regularly, it is time to increase it.
How to Increase Your Bitcoin Withdrawal Limit on Cash App?
Raising your Bitcoin withdrawal limit Cash App is simple once you verify your identity. Here is a step-by-step guide:
- Open the Cash App and Go to the Bitcoin Section
- Select “Enable Withdrawals and Deposits” if you have not done so already.
- Cash App will ask you to verify your identity.
- You will need to provide some personal information:
- Full legal name
- Date of birth
- Last four digits of your Social Security Number (SSN)
- A photo of a valid government-issued ID
- Upload your ID and follow on-screen instructions.
- Once approved, your Bitcoin withdrawal limit will increase automatically.
- After verification, you can withdraw more Bitcoin per day and week, making your transactions smoother and faster.
What Information You Need for Cash App Verification?
To successfully increase Cash App Bitcoin withdrawal limit, make sure you have:
- A government-issued photo ID (driver’s license, passport, etc.)
- The last four digits of your SSN
- A selfie for identity confirmation
- All information must match your official documents to avoid delays.
FAQ
What is the Cash App Bitcoin withdrawal limit?
Default Cash App limits are $2,000 per day and $5,000 per week.
How can I increase my Bitcoin withdrawal limit?
Complete the verification process in Cash App by submitting your ID, SSN, and a selfie.
Can I withdraw large amounts of Bitcoin instantly?
Smaller withdrawals are usually instant; larger ones may take longer depending on network confirmation.