How to Enable Cash App Bitcoin Withdrawal: Quick Setting Steps

8 Jul, 2020 by admin 256

Aside from offering safe, fast and reliable money transfer services, Cash App is also popular as an ideal platform to sell, buy and store Bitcoins. Without any extra efforts you can buy or sell Bitcoin in Square Cash App. But, when it comes to transferring BTC from any other Bitcoin wallet, users are required to do a one-time setting. Only then one can send BTC from the Cash App. If you don't know how to enable the Cash App Bitcoin withdrawal settings, you have reached the right place.

We are more than happy to tell you that free assistance for Bitcoin withdrawal is also available at Cash App customer service. If you can't verify your identity, buy or sell Bitcoin, you can ask for quick assistance. Meanwhile, to enable BTC transfer feature, you can consider the information given in this post.

How do I transfer Bitcoin from Cash App to Binance, Coinbase or any other application?

At this point of time using multiple applications is quite normal. That's why people could be seen wondering how to receive BTC on Coinbase or Bianance or any other crypto currency from Cash App.

Fortunately, with the help of a Bitcoin wallet address you can withdraw your BTC from Square app hassle-freely. But, the wallet address will come to use only after the successful Cash App verification. It means, for only one time you will have to enable the settings which involves uploading documents and getting approval. This Bitcoin verification process takes only a few seconds but approval may take some hours.

Note: Bitcoin withdrawal fee on Cash App is 1.75 percent. Also, a few more terms & conditions are applicable that I have mentioned in the next section.

What are the settings for Bitcoin withdrawal on Cash App?

If you are a verified user, you are just a one-step away from availing the Bitcoin withdrawal service on Cash App. These are simple step by step method to follow on your phone:

Open the Cash App application on your phone.
Hit the profile tab available at the top-right corner of the screen.
Scroll down to find the Bitcoin section & select the Bitcoin button.
Go down till the end to find the enable Bitcoin withdrawal, press it.
Here comes verification pop up and hit the continue tab.
Allow the camera access to Cash App and scan your valid photo-id proof.
Also, scan your face to pass the verification.
Now you will get a message on screen saying that "Bitcoin Withdrawal Approval is pending".
You need to wait for almost 24-48 hours.
Upon successful verification, you will get an email message and notification for successful activation for Bitcoin withdrawal.
Congrats now you can transfer or withdraw your Bitcoin on Cash App in just a few simple clicks.

Can I receive BTC in a Cash App from another application?

Sorry to say but you can't receive or withdraw BTC to Cash App from any other application. Why? Because Cash App has no wallet address. And without a wallet address you can't transfer BTC from any other application to Square App. But, one piece of good news is that you always can send Bitcoin from Cash App to any other certified crypto app with the help of the below mentioned steps:

These are the steps to follow to transfer BTC from Squash Cash App to Coinbase, Binance or any other application.

Go to the profile tab on Cash App.
Scroll down and get into the withdrawal option.
Enter the amount worth of which you want to send Bitcoin and hit the withdrawal button.
Right here you can see the field where you need to paste or enter the wallet address of Coinbase or any other application.
Also, you can scan the QR code instead of using wallet address.
Now scan your touch id to confirm your identity.
Right here you can see the Cash App Bitcoin withdrawal fee. You must check the fee before sending the Bitcoin to another app.

Note: According to terms & condition, for successful Bitcoin withdrawal on Cash App, users must have at least 0.001 Bitcoin. You can't withdraw Bitcoin more than $2000 in 24 hours. And the $5000 limit is fixed for 7 days or one week. Cash App may take 30-40 minutes to complete the Bitcoin withdrawal.

Bottom Line

This is the end of today's tutorial: Cash App Bitcoin Withdrawal Settings in Simple Steps. Till now we discussed how to enable BTC withdrawal & send or transfer Bitcoin from Cash App to any other crypto app. For more information or any kind assistance, feel free to get quick and effective assistance through Cash App experts.