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Investing » How to Send Bitcoin on Cash App: A Step-by-Step Guide

How to Send Bitcoin on Cash App: A Step-by-Step Guide

Discover how to send Bitcoin on Cash App, including setup, limits, fees, and how it compares with Coinbase, Gemini, and other platforms.
Author: Baruch Mann (Silvermann)
Interest Rates Last Update: April 1, 2025
The banking product interest rates, including savings, CDs, and money market, are accurate as of this date.
Author: Baruch Mann (Silvermann)
Interest Rates Last Update: April 1, 2025

The banking product interest rates, including savings, CDs, and money market, are accurate as of this date.

We earn a commission from our partner links on this page. It doesn't affect the integrity of our unbiased, independent editorial staff. Transparency is a core value for us, read our advertiser disclosure and how we make money.

The information provided on this website is for informational and educational purposes only and does not constitute financial, investment, or legal advice. We do not provide personalized investment recommendations or act as financial advisors.

Table Of Content

Cash App lets users send Bitcoin quickly using a simple mobile interface. To do this, you need to verify your identity and have Bitcoin already in your Cash App balance.

You can then send Bitcoin to another wallet address — either to a friend, an external wallet, or even a cold storage device.

How to Send Bitcoin on Cash App: Step-by-Step

Sending Bitcoin on Cash App is simple, but each step must be completed in order to avoid errors or delays. Here's how to do it right:

1. Verify Your Identity on Cash App

Before you can send Bitcoin, you must verify your account to enable BTC transactions.

  • Submit Personal Details: Enter your full name, birth date, and the last four digits of your SSN in the app’s identity section.

  • Scan a Valid Photo ID: You’ll need to take a photo of a government-issued ID, such as a driver’s license or passport.

  • Wait for Approval: Verification typically takes a few minutes, but may take up to 48 hours during high demand.

Verification is required because Cash App follows U.S. KYC regulations. Without it, Bitcoin withdrawals will remain locked.

Make sure your ID photo is taken in good lighting and is free from glare or blur. This reduces the chances of your verification being delayed or rejected.

2. Enable Bitcoin Withdrawals in Settings

After verification, you’ll need to enable Bitcoin withdrawals in the app’s settings.

  • Go to Bitcoin Section: Tap the Bitcoin tab from the home screen and navigate to settings.

  • Toggle Withdrawal Permissions: Enable the “Withdraw Bitcoin” option, which may require two-factor authentication.

  • Review Limits: Cash App imposes a weekly BTC withdrawal limit, typically starting at $2,000.

This step is essential in order to move Bitcoin off the app and into your own wallet or another person’s.

3. Choose or Scan a Bitcoin Wallet Address

To send Bitcoin, you must enter a valid wallet address where the BTC will be received.

  • Paste the Wallet Address: If you have a friend’s wallet address, copy and paste it into the send screen.

  • Use QR Scanner: You can also scan the recipient’s QR code using Cash App’s built-in scanner.

  • Double-Check Accuracy: A wrong character could send funds to the wrong wallet or result in permanent loss.

Always confirm the wallet address format — for Bitcoin, it typically starts with “1”, “3” or “bc1”.

Always copy and paste the wallet address or scan the QR code directly — never type it by hand. Double-check the first and last few characters to ensure accuracy.

4. Enter the Amount to Send

Once the wallet address is confirmed, you’ll choose how much Bitcoin to send.

  • Choose BTC or USD Input: Cash App lets you enter the amount in BTC or its USD equivalent.

  • Review Transaction Fees: A small network fee will be charged, based on real-time blockchain congestion.

  • Check Your Balance: You must have enough Bitcoin in your Cash App balance to cover both the transfer and the network fee.

Keep in mind that Bitcoin prices can fluctuate rapidly, so confirm the value before proceeding.

5. Confirm and Send the Bitcoin

You’re now ready to complete the transaction and send Bitcoin to the external wallet.

  • Review Transaction Summary: Confirm the destination address and amount before finalizing.

  • Use Face ID or Passcode: Cash App will ask for biometric or PIN confirmation to approve the transfer.

  • Track Transfer Progress: After sending, you can view the transaction status and blockchain confirmations from within the app.

As a result, your Bitcoin will be sent over the blockchain, and the receiver will typically get it within 10 to 60 minutes, depending on the network speed.

Sending Bitcoin on Cash App: Fees and Limits

Cash App charges a variable network fee when sending Bitcoin, based on current blockchain congestion.

Unlike Coinbase or Gemini, it doesn't charge a platform fee, but your withdrawal limit starts at $2,000 per 24 hours and $5,000 within 7 days.

You can increase these limits by verifying your identity. Because the fee adjusts dynamically, you may pay more during high network traffic

Sending Bitcoin on Cash App: Security Tips

To protect your crypto when using Cash App, it's important to follow best practices that reduce risk and safeguard your funds.

  • Enable Two-Factor Authentication (2FA): Use 2FA through the Cash App settings to prevent unauthorized access, especially during withdrawals.

  • Double-Check Wallet Addresses: Always verify the receiving address, as sending Bitcoin to the wrong address is irreversible.

  • Avoid Public Wi-Fi: When managing or sending Bitcoin, use a secure and private connection to prevent data interception.

  • Monitor for Phishing Scams: Be cautious of fake Cash App links or support messages, as these are common tactics used to steal crypto.

  • Use a Strong Passcode or Face ID: Secure your mobile device and Cash App with biometric or strong password protection.

Because Bitcoin transactions can't be reversed, these precautions are essential for keeping your assets safe.

Sending Bitcoin on Cash App vs Other Platforms

Cash App is designed for fast and easy Bitcoin transfers, especially for beginners. It allows you to send Bitcoin directly to any wallet, without requiring extra trading tools or support for altcoins.

In contrast, leading crypto platforms for Americans like Coinbase and Gemini offer more control, advanced features, and a wider crypto selection. However, they also come with additional platform fees and a steeper learning curve.

Therefore, Cash App is great for simple transfers, while Coinbase, Gemini and other platforms are better for active traders or diversified portfolios.

Feature
Cash App
Coinbase
Gemini
Ease of Use
Very beginner-friendly
Beginner to intermediate
Intermediate
Fees
Network fee only
Network + spread/platform fee
Network + transaction/platform fees
Crypto Support
Bitcoin only
Bitcoin + 100+ cryptos
Bitcoin + 70+ cryptos
Advanced Tools
None
Charts, limit orders, recurring buys
ActiveTrader, scheduled withdrawals
Best For
Simple BTC sending
Active users and altcoin traders
Security-conscious, U.S. traders

FAQ

Yes, you can send Bitcoin from Cash App to any external wallet address, including exchanges like Coinbase or Gemini, as long as the address supports Bitcoin.

Transfers are typically processed within 10 minutes to an hour depending on blockchain congestion, but delays can occur during peak times.

Yes, Cash App has withdrawal limits, usually $2,000 per 24 hours and $5,000 per 7-day period. These limits may increase after account verification.

No, Bitcoin transfers on Cash App are irreversible. Once the transaction is confirmed, there’s no way to retrieve the funds unless the recipient sends it back.

Yes, you must hold Bitcoin in your Cash App balance to send it. You can buy BTC through the app using a linked bank account or debit card.

Usually yes, but some users may experience a short delay while Bitcoin withdrawals are reviewed or enabled in account settings.

Currently, Cash App supports the Bitcoin Lightning Network for payments, but only for small transfers — not for sending to external wallets.

The transaction cannot be reversed. If the wallet is valid, the funds will be delivered to that address, even if it’s not your intended recipient.

Yes, the minimum withdrawal is typically around 0.0001 BTC, but this may vary depending on current network conditions.

Cash App Bitcoin features are primarily available to U.S. users. Sending to international wallets is possible, but using Cash App abroad may be restricted.

Sending Bitcoin to someone else or to your own wallet isn’t a taxable event, but selling or converting BTC may trigger a capital gains tax.

Picture of Baruch Mann (Silvermann)

Baruch Mann (Silvermann)

Baruch Silvermann is a financial expert, experienced analyst, and founder of The Smart Investor.  Silvermann has contributed to Yahoo Finance and cited as an authoritative source in financial outlets like Forbes, Business Insider, CNBC Select, CNET, Bankrate, Fox Business, The Street, and more.
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This website is an independent, advertising-supported comparison service. The product offers that appear on this site are from companies from which this website receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear).

This website does not include all card companies or all card offers available in the marketplace. This website may use other proprietary factors to impact card offer listings on the website such as consumer selection or the likelihood of the applicant’s credit approval.

This allows us to maintain a full-time, editorial staff and work with finance experts you know and trust. The compensation we receive from advertisers does not influence the recommendations or advice our editorial team provides in our articles or otherwise impacts any of the editorial content on The Smart Investor.

While we work hard to provide accurate and up to date information that we think you will find relevant, The Smart Investor does not and cannot guarantee that any information provided is complete and makes no representations or warranties in connection thereto, nor to the accuracy or applicability thereof.

Learn more about how we review products and read our advertiser disclosure for how we make money. All products are presented without warranty.