Cash App has become a popular choice for sending, receiving, and withdrawing Bitcoin. However, understanding the Bitcoin withdrawal limits is essential to avoid any inconvenience. Whether you’re looking to transfer Bitcoin to a different wallet or make a large transaction, knowing these limits can help you manage your funds better. In this article, we will break down the Cash App Bitcoin limits for sending, receiving, and withdrawing Bitcoin and provide insights on how to increase these limits. Cash App Bitcoin Withdrawal Limit Per Day Cash App imposes a daily Bitcoin withdrawal limit to ensure the safety of its users and protect their accounts. As of now, the daily withdrawal limit on Cash App is $2,000 worth of Bitcoin. This limit applies to both verified and unverified users. If you try to withdraw more than this amount in a 24-hour period, the system will block the transaction, and you will receive a notification informing you that you’ve exceeded the limit. For users who frequently transact large sums of Bitcoin, this daily limit can feel restrictive. If you hit this limit, you’ll have to wait until the following day before making any additional withdrawals. Cash App Bitcoin Withdrawal Limit Per Week In addition to the daily limit, Cash App also enforces a weekly Bitcoin withdrawal limit. Currently, the limit stands at $5,000 worth of Bitcoin per week. If you are a heavy user of Cash App for Bitcoin withdrawals, you may quickly reach this cap, particularly if you are moving large amounts to external wallets or exchanges. The weekly limit is reset every seven days, starting from the day you make your first withdrawal. This reset schedule can cause confusion if you’re not tracking when your withdrawals were made. If you attempt to withdraw Bitcoin and you’ve already reached this limit, you’ll have to wait until the reset to proceed. When Does the Weekly Bitcoin Withdrawal Limit Reset? The reset for the weekly withdrawal limit occurs exactly 7 days after your first withdrawal in that week. If, for instance, you made your first Bitcoin withdrawal on a Tuesday, your limit will reset the following Tuesday at the same time. It’s important to track your withdrawals to avoid delays or frustrations when attempting to move Bitcoin out of Cash App. How Much Bitcoin Can You Withdraw on Cash App? Cash App users are allowed to withdraw up to $2,000 in Bitcoin per day and $5,000 per week. These limits are calculated based on the current market value of Bitcoin at the time of the transaction. If you wish to withdraw larger amounts, you will either need to wait for your limits to reset or take steps to increase your withdrawal limits (discussed later in this article). Cash App Bitcoin Purchase Limit In addition to withdrawal limits, Cash App also imposes Bitcoin purchase limits. For verified users, the weekly Bitcoin purchase limit is $100,000. This limit applies to buying Bitcoin on Cash App, whether you’re using the funds from your Cash App balance or a linked bank account. Cash App sets these limits to mitigate potential risks associated with cryptocurrency transactions. Unverified users will have much lower purchase limits, which can be an obstacle if you plan to buy significant amounts of Bitcoin. Verifying your identity within the app can significantly increase your purchasing power. I am trying to withdraw my BTC from Cash App to a different wallet but got a message that I reached my withdrawal limit of $5,000 If you received a message stating that you’ve reached your Bitcoin withdrawal limit of $5,000 on Cash App, this is because Cash App imposes a weekly limit on how much Bitcoin you can withdraw. The current weekly limit for Bitcoin withdrawals is set at $5,000. Here’s what you can do in this situation: Cash App’s Bitcoin withdrawal limits reset every 7 days from the date of your first withdrawal. If you have already withdrawn $5,000 worth of Bitcoin this week, you will need to wait until your limit resets to withdraw more. Keep track of when you made your last withdrawal, as this will help you determine when your limit will refresh. If you haven’t already verified your identity with Cash App, completing the account verification process might help in unlocking higher limits for Bitcoin withdrawals. To verify your account, you’ll need to provide your full name, date of birth, and the last four digits of your Social Security Number (SSN). Once verified, this could potentially increase your limits, though the weekly $5,000 Bitcoin withdrawal limit is standard for most users. If you regularly need to withdraw more than $5,000 worth of Bitcoin, you may want to plan your withdrawals across multiple weeks or look into using other platforms that may offer higher withdrawal limits. If you believe there’s an issue or you need to confirm your limit reset schedule, you can always contact Cash App’s support team for further assistance. They can clarify when your limits will reset or provide guidance if you need additional help with the withdrawal process. By keeping track of your withdrawals and ensuring your account is verified, you can make sure to stay within Cash App’s withdrawal limits without unexpected disruptions. Why Can’t I Withdraw My Bitcoin from Cash App? Several reasons might prevent you from withdrawing your Bitcoin on Cash App: How to Increase Your Cash App Bitcoin Withdrawal Limit? Increasing your Cash App Bitcoin withdrawal limit requires account verification. To raise your limits, follow these steps: Once verified, you can expect significantly higher withdrawal limits, allowing you to send and receive more Bitcoin without the restrictions imposed on unverified users. Can I Send $5,000 Worth of Bitcoin on Cash App? Yes, you can send up to $5,000 worth of Bitcoin per week on Cash App, but this is the maximum weekly limit. If you need to send more than that, you’ll have to wait until the weekly limit resets or look for alternative platforms that offer higher limits. Tips to Manage Your Bitcoin Transactions … Continue reading Cash App Bitcoin Limits – How much can I receive and send?