{"id":485348,"date":"2025-04-24T12:40:23","date_gmt":"2025-04-24T07:10:23","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=485348"},"modified":"2025-04-24T12:32:54","modified_gmt":"2025-04-24T07:02:54","slug":"how-to-send-bitcoin-on-cash-app","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/how-to-send-bitcoin-on-cash-app\/","title":{"rendered":"How to send Bitcoin on Cash App"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Cash App hooked millions with easy dollar-zapping between friends using $cashtags. Super simple. Then, they bolted on <a href=\"https:\/\/ambcrypto.com\/category\/bitcoin-news\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a>. Want to buy, sell, send, get paid in BTC? You can do it right there, next to your stock slices and savings stash. Block, Inc. (the company behind it, formerly Square) knows their audience &#8211; People who like simple. They aren&#8217;t trying to be Binance; they&#8217;re trying to be the <\/span><i><span style=\"font-weight: 400;\">easiest<\/span><\/i><span style=\"font-weight: 400;\"> on-ramp for Bitcoin curious folks already using their app.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Security? They talk the talk &#8211; Cold storage for most BTC, encryption, the usual compliance dances (PCI-DSS Level 1). Just remember, <\/span><i><span style=\"font-weight: 400;\">they<\/span><\/i><span style=\"font-weight: 400;\"> hold the keys when your Bitcoin sits in the app. It&#8217;s not truly <\/span><i><span style=\"font-weight: 400;\">your<\/span><\/i><span style=\"font-weight: 400;\"> wallet in the hardcore crypto sense unless you withdraw it.<\/span><\/p>\n<h2>Hold up &#8211; You need ID &amp; Bitcoin first!<\/h2>\n<p><span style=\"font-weight: 400;\">Before you sling any sats, pump the brakes.<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Got the App?<\/b><span style=\"font-weight: 400;\"> Basic stuff. Download it, link your bank or debit card (Visa, MC, Discover), give &#8217;em your name, birthday, make a cashtag. Easy peasy.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Show Your Papers (KYC\/AML) &#8211;<\/b><span style=\"font-weight: 400;\">This ain&#8217;t just sending $5 for pizza anymore. Want to touch Bitcoin features \u2013 buy, sell, send out, bring in? You <\/span><i><span style=\"font-weight: 400;\">must<\/span><\/i><span style=\"font-weight: 400;\"> verify your identity. Expect to hand over your legal name, birthdate, and the last four digits of your SSN. Sometimes they&#8217;ll ask for the full SSN, your address, maybe even a photo of your driver&#8217;s license. No ID, no Bitcoin withdrawals. Period. It\u2019s the law catching up with crypto. Check your status under &#8220;Security &amp; Privacy.&#8221;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Actually Have Bitcoin &#8211;<\/b><span style=\"font-weight: 400;\">\u00a0Obvious, right? Either buy it directly in Cash App (using your linked bank\/card) or deposit some BTC you already own from another wallet. Heads up: buying costs fees (more on that later), and deposits have limits \u2013 think around $10,000 worth of BTC per week, but check <\/span><i><span style=\"font-weight: 400;\">your<\/span><\/i><span style=\"font-weight: 400;\"> specific limits in the app.<\/span><\/li>\n<\/ol>\n<h3>Okay, let&#8217;s send some Bitcoin &#8211; Two paths<\/h3>\n<p><span style=\"font-weight: 400;\">Got your ID checked and some BTC ready? Good. Head to the Money tab, tap Bitcoin, find the Send button (looks like an airplane or arrows). Now, choose your adventure:<\/span><\/p>\n<h3>Path 1 &#8211; The old school way (On-Chain Bitcoin network)<\/h3>\n<p><span style=\"font-weight: 400;\">Sending to basically any Bitcoin address out there? This is your route.<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>How Much?<\/b><span style=\"font-weight: 400;\"> Punch in the amount in dollars or BTC.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Where To?<\/b><span style=\"font-weight: 400;\"> Paste the recipient&#8217;s <\/span><i><span style=\"font-weight: 400;\">entire<\/span><\/i><span style=\"font-weight: 400;\"> Bitcoin address. Seriously, triple-check this. Mess it up, and your BTC is gone forever. Cash App handles the common address types (starting with 1, 3, or bc1).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Pick Your Speed (and Price) &#8211;<\/b><span style=\"font-weight: 400;\">\u00a0Here\u2019s where it gets interesting. Cash App offers choices:<\/span>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><b>Standard\/Free &#8211;<\/b><span style=\"font-weight: 400;\">\u00a0Could take hours, maybe even up to a day if the network&#8217;s jammed. The catch? It&#8217;s advertised as free (no <\/span><i><span style=\"font-weight: 400;\">extra<\/span><\/i><span style=\"font-weight: 400;\"> Cash App fee), but recent reports suggest this might <\/span><i><span style=\"font-weight: 400;\">only<\/span><\/i><span style=\"font-weight: 400;\"> apply if you&#8217;re sending $100+ worth of BTC. Minimum send is 0.001 BTC. If you&#8217;re not in a rush (and sending enough), this saves bucks.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><b>Rush\/Medium &#8211;<\/b><span style=\"font-weight: 400;\">\u00a0Aims for under 2 hours. Costs you a small fee (maybe $0.50) <\/span><i><span style=\"font-weight: 400;\">plus<\/span><\/i><span style=\"font-weight: 400;\"> your share of the actual Bitcoin network fee. Minimum 0.00005 BTC.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><b>Priority\/Fast &#8211;<\/b><span style=\"font-weight: 400;\">\u00a0Targets ~10 minutes. Costs more (maybe $1.00) <\/span><i><span style=\"font-weight: 400;\">plus<\/span><\/i><span style=\"font-weight: 400;\"> your share of the network fee. Minimum 0.00005 BTC. <\/span><i><span style=\"font-weight: 400;\">(Network fees fluctuate based on how busy Bitcoin is; Cash App bundles this in for Rush\/Priority).<\/span><\/i><\/li>\n<\/ul>\n<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Confirm or Bail &#8211;<\/b><span style=\"font-weight: 400;\">\u00a0Look at the summary screen \u2013 address, amount, speed, <\/span><i><span style=\"font-weight: 400;\">total fees<\/span><\/i><span style=\"font-weight: 400;\">. If it all looks right, hit confirm (you&#8217;ll need your PIN or fingerprint\/face).<\/span><\/li>\n<\/ol>\n<h3>Path 2 &#8211; The speedy lane (Lightning Network)<\/h3>\n<p><span style=\"font-weight: 400;\">Got a friend with a Lightning-enabled wallet? Or paying a Lightning invoice? This is way faster and cheaper.<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Scan or Paste &#8211;<\/b><span style=\"font-weight: 400;\">\u00a0Either hit the QR scanner icon in the Bitcoin section or tap Send and get ready to paste the long invoice string.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Confirm It &#8211;<\/b><span style=\"font-weight: 400;\">\u00a0The details (usually amount) pop up from the invoice. Check it, confirm with PIN\/biometrics, and <\/span><i><span style=\"font-weight: 400;\">zap<\/span><\/i><span style=\"font-weight: 400;\"> \u2013 it&#8217;s usually sent almost instantly. No speed options needed. Way cheaper, often totally free on Cash App&#8217;s end. (Just check if Lightning is available where you live \u2013 NY users might be out of luck).<\/span><\/li>\n<\/ol>\n<h2>BIG NEWS &#8211; $Cashtag Bitcoin transfers are dead!<\/h2>\n<p><span style=\"font-weight: 400;\">Remember how easy it was to send BTC just using someone&#8217;s cashtag? Forget about it. As of December 20, 2024, that feature is <\/span><b>gone<\/b><span style=\"font-weight: 400;\">. You <\/span><i><span style=\"font-weight: 400;\">must<\/span><\/i><span style=\"font-weight: 400;\"> use a full Bitcoin address (on-chain) or a Lightning invoice now, even if you&#8217;re sending to another Cash App user. This makes it slightly less &#8220;Venmo-for-Bitcoin&#8221; and pushes users closer to standard crypto methods. Adapt or find another app if that was your main draw.<\/span><\/p>\n<h2>The real cost &#8211; Fees, speeds, limits explained<\/h2>\n<p><span style=\"font-weight: 400;\">Let&#8217;s cut through the marketing &#8211;<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Sending Fees &#8211;<\/b><span style=\"font-weight: 400;\">\u00a0We covered the on-chain speed tiers (Free maybe &gt;$100, Rush\/Priority cost extra). Lightning is the star here: usually free or dirt cheap.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Buying\/Selling Fees &#8211;<\/b><span style=\"font-weight: 400;\">\u00a0Getting BTC <\/span><i><span style=\"font-weight: 400;\">into<\/span><\/i><span style=\"font-weight: 400;\"> Cash App costs you. They charge a service fee (looks like 1-3% depending on amount) <\/span><i><span style=\"font-weight: 400;\">plus<\/span><\/i><span style=\"font-weight: 400;\"> they might bake a small spread (0-1%) into the exchange rate. This can add up, making it pricier than dedicated exchanges like Kraken or Coinbase Pro\/Advanced Trade, especially for frequent small buys.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Speeds &#8211;<\/b><span style=\"font-weight: 400;\">\u00a0Lightning = Seconds. Priority = Minutes (~10). Rush = Couple of hours. Standard = Could be a whole day. Network traffic rules all on-chain estimates.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Limits &#8211;<\/b><span style=\"font-weight: 400;\">\u00a0They exist. Unverified? Limits are tiny ($1k send\/receive per month). Verified? Much higher, but still there. Check <\/span><i><span style=\"font-weight: 400;\">your<\/span><\/i><span style=\"font-weight: 400;\"> specific weekly\/monthly limits under Profile -&gt; Limits. They mentioned a $10k\/week BTC <\/span><i><span style=\"font-weight: 400;\">deposit<\/span><\/i><span style=\"font-weight: 400;\"> limit, but withdrawal limits depend on your account status.<\/span><\/li>\n<\/ul>\n<h2>Why bother with Cash App for Bitcoin? (And why not?)<\/h2>\n<p><strong><span style=\"text-decoration: underline;\">The good stuff<\/span><\/strong><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Dead Simple &#8211;<\/b><span style=\"font-weight: 400;\"> If you already use Cash App, it feels natural. Low learning curve<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Fiat Bridge &#8211;<\/b><span style=\"font-weight: 400;\"> Buying BTC with your linked bank or selling it back to your balance is smooth<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Lightning Champ &#8211;<\/b><span style=\"font-weight: 400;\"> Easy, cheap\/free Lightning sends are a huge plus<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>One App Life &#8211;<\/b><span style=\"font-weight: 400;\">\u00a0Manage dollars, stocks, <\/span><i><span style=\"font-weight: 400;\">and<\/span><\/i><span style=\"font-weight: 400;\"> Bitcoin together. Convenient<\/span><\/li>\n<\/ul>\n<p><span style=\"text-decoration: underline;\"><b>The Not-so-good<\/b><\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Bitcoin Maximalist (By Force) &#8211;<\/b><span style=\"font-weight: 400;\"> Only BTC. No Ethereum, no Solana, no meme coins. Nothing else<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Fee Traps &#8211;<\/b><span style=\"font-weight: 400;\"> Buying\/selling can sting. Paying for faster on-chain sends adds up<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Not Your Keys, Not Your Coins &#8211;<\/b><span style=\"font-weight: 400;\"> It&#8217;s custodial. Block holds the keys. You&#8217;re trusting them<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>ID Please &#8211;<\/b><span style=\"font-weight: 400;\"> Verification is mandatory for BTC use. Privacy purists, look elsewhere<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Limits Exist &#8211;<\/b><span style=\"font-weight: 400;\"> High rollers might hit withdrawal ceilings<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>RIP $Cashtag Sends &#8211;<\/b><span style=\"font-weight: 400;\"> The easiest P2P method got axed<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Essentially, you trade control, asset choice, and potentially lower fees for absolute convenience and that sweet Lightning integration.<\/span><\/p>\n<h2>What else is out there?<\/h2>\n<p><span style=\"font-weight: 400;\">Cash App isn&#8217;t the only game in town for user-friendly BTC sends.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Self-Custody Wallets (You Hold the Keys) &#8211;<\/b><span style=\"font-weight: 400;\">\u00a0Think Exodus, Trust Wallet, Phantom, Mycelium, Guarda.<\/span>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><i><span style=\"font-weight: 400;\">Why?<\/span><\/i><span style=\"font-weight: 400;\"> Full control, you manage the seed phrase (don&#8217;t lose it!), often support tons of coins, interact directly with DeFi\/NFTs.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><i><span style=\"font-weight: 400;\">Downside?<\/span><\/i><span style=\"font-weight: 400;\"> You are 100% responsible for security. Can involve third-party services (with fees) to buy crypto directly in-wallet. Sending involves setting network fees yourself.<\/span><\/li>\n<\/ul>\n<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Other Exchanges (Trading Focus) &#8211;<\/b><span style=\"font-weight: 400;\">\u00a0Think Coinbase, Kraken, Gemini, Crypto.com.<\/span>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><i><span style=\"font-weight: 400;\">Why?<\/span><\/i><span style=\"font-weight: 400;\"> Usually lower <\/span><i><span style=\"font-weight: 400;\">trading<\/span><\/i><span style=\"font-weight: 400;\"> fees, vast coin selection, advanced trading tools. Good fiat connections.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><i><span style=\"font-weight: 400;\">Downside?<\/span><\/i><span style=\"font-weight: 400;\"> Primarily custodial (unless you withdraw), can feel more complex than Cash App, withdrawal fees apply for sending out.<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h2>The bottom line &#8211; Your crypto, your choice<\/h2>\n<p><span style=\"font-weight: 400;\">Cash App nailed making <a href=\"https:\/\/ambcrypto.com\/category\/bitcoin-news\/\" target=\"_blank\" rel=\"noopener\">Bitcoin <\/a><\/span><i><span style=\"font-weight: 400;\">feel<\/span><\/i><span style=\"font-weight: 400;\"> easy, especially with Lightning sends. If you live in the app, value convenience over everything, and mostly stick to BTC, it&#8217;s a solid choice despite its quirks and the loss of cashtag sends.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But if you want control over your keys, need to handle other cryptos, or are hunting for the absolute lowest fees for buying\/selling, you&#8217;ll likely outgrow it fast. Look at self-custody wallets for ownership or exchanges for trading power. Know the trade-offs, understand who holds the keys, and pick the tool that fits <\/span><i><span style=\"font-weight: 400;\">your<\/span><\/i><span style=\"font-weight: 400;\"> crypto journey.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Given how well the crypto is doing, everyone wants to get into Bitcoin these days. <\/p>\n","protected":false},"author":21,"featured_media":485356,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[35,8,18,4,20],"tags":[6427],"class_list":["post-485348","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin-news","category-blog","category-hide-cryptopanic","category-social","category-trading-view","tag-ambcrypto"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>How to send Bitcoin on Cash App - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Cash App hooked millions with easy dollar-zapping between friends using $cashtags. 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