With the rise of cryptocurrency transactions, the Cash App has become a convenient platform for buying, selling, and withdrawing Bitcoin (BTC). However, many users encounter restrictions due to the Cash App Bitcoin withdrawal limit. If you're wondering how to increase your withdrawal limit or why your Bitcoin withdrawal isn’t working, this comprehensive guide will provide you with all the answers.
Whether you’re a frequent Bitcoin trader or a new user, understanding Cash App Bitcoin withdrawal limits is crucial. In this article, we will cover the current withdrawal limits, how to reset them, and steps to increase your limit for smoother transactions.
Understanding Cash App Bitcoin Withdrawal Limits
Before increasing your Cash App Bitcoin withdrawal limit, it’s essential to know the default restrictions Cash App imposes.
1. Cash App Bitcoin Withdrawal Limit Per Day
$2,000 per day.
Transactions must meet the minimum withdrawal requirement of 0.001 BTC.
2. Cash App Bitcoin Weekly Withdrawal Limit
$5,000 per week.
3. Cash App Monthly Bitcoin Withdrawal Limit
There is no specific monthly limit, but weekly limits determine the amount you can withdraw over time.
These limits apply to personal accounts. However, business accounts may have different withdrawal caps depending on approval from Cash App.
How to Increase Your Cash App Bitcoin Withdrawal Limit?
If the Cash App BTC withdrawal limit per day is too restrictive for your needs, follow these steps to increase it:
1. Verify Your Identity on the Cash App
Open Cash App and navigate to your profile.
Click on Bitcoin and select Increase Limits.
Provide your full legal name, date of birth, and last four digits of your Social Security Number (SSN).
Upload a government-issued ID and a selfie for verification.
Wait for the Cash App to approve your identity, which usually takes 24-48 hours.
2. Ensure Your Account is in Good Standing
Regularly use Cash App for transactions.
Avoid suspicious activities that may flag your account.
Follow all Cash App policies to maintain credibility.
3. Check Your Updated Bitcoin Withdrawal Limit
After verification, go to Settings > Bitcoin Limits to confirm your new withdrawal cap.
How to Reset Your Cash App Bitcoin Withdrawal Limit?
If you've hit your withdrawal limit, you may wonder when your Cash App Bitcoin withdrawal limit resets. Here’s what you need to know:
When Does the Cash App Bitcoin Withdrawal Limit Reset?
Daily Limits Reset: Every day at midnight CST.
Weekly Limits Reset: Every Saturday at midnight CST.
FAQs About Cash App Bitcoin Withdrawal Limits
1. How do I check my Cash App Bitcoin withdrawal limit?
Go to Settings > Bitcoin Limits in the Cash App menu.
2. Can I increase my Cash App Bitcoin withdrawal limit without verification?
No, you must verify your identity to increase your Cash App Bitcoin withdrawal limit.
3. How much is the Cash App Bitcoin withdrawal limit per day?
The Cash App Bitcoin withdrawal limit per day is $2,000.
4. How much Bitcoin can I withdraw per week on the Cash App?
You can withdraw up to $5,000 per week.
5. What should I do if my Cash App Bitcoin withdrawal is not enabled?
Verify your account and check that your Bitcoin wallet is set up correctly.
6. What time does Cash App Bitcoin's daily limit reset?
The Cash App daily Bitcoin withdrawal limit resets at midnight CST.
7. Can I increase my Cash App Bitcoin withdrawal limit for a business account?
Yes, business accounts may be eligible for higher Bitcoin withdrawal limits.
Conclusion
If you frequently use Cash App for Bitcoin transactions, increasing your Cash App Bitcoin withdrawal limit is essential for seamless withdrawals. By verifying your identity, maintaining an active account, and following Cash App policies, you can request a higher withdrawal cap.
Understanding your withdrawal limits and when they reset can help you manage your Bitcoin transactions more efficiently. If you run into any issues, contact Cash App Support for assistance. For any further questions about Cash App Bitcoin withdrawal limits, feel free to leave a comment below!
