If you’re wondering how to withdraw bitcoin from Cash App, the shortest route is: open the main screen, head to Money, pick the Bitcoin tile, liquidate your BTC, go back to your balance, use Cash Out, and finish by sending the cash to your linked bank.
Across the U.S. and U.K., tens of millions now rely on Cash App for everyday payments. Its momentum comes from features that reach beyond simple transfers, including in‑app BTC tools that let people buy, sell, send, and hold crypto without leaving the wallet.
In this walkthrough, you’ll see how Cash App handles bitcoin withdrawal to a bank, how to move coins to an external wallet address, and what fees apply to these bitcoin transactions.
What Is Cash App?
Launched in 2013 by Block Inc. (SQ), Cash App is a digital payment service built for quick person‑to‑person transfers and simple money management, helping users keep tabs on everyday cash flow inside one wallet.
Rather than swapping lengthy routing numbers, people can use a unique Cash Tag or even an email to receive funds, which keeps sending money fast and approachable for anyone using Cash App.
Over time, the app added more capabilities—such as Cash App Borrow—and introduced crypto access so customers can buy bitcoin, sell bitcoin, and park BTC alongside their regular currency in a single place.
Bitcoin Withdrawal on Cash App: Step-by-Step
Cashing out BTC with Cash App involves two phases: first convert your coins to dollars, then move the money out to your bank. The app quotes the current bitcoin price and lets you complete both parts without leaving the Money view.
Selling BTC in the app works like this:
- Start the Cash App on your phone.
- From the home screen, open Money to view balances.
- Choose the Bitcoin tile to manage your BTC.
- Tap Sell to convert coins to cash.
- Type the amount to offload, using USD or BTC units.
- Approve with your PIN or Touch ID security.
- Confirm the sale to finalize the order.
After approval, the sale is processed automatically and your available balance should refresh within moments.
Moving Money to Your Bank: Once coins are sold, you can withdraw the proceeds. Some people skip this by spending with a Cash Card, but if you prefer a payout to your bank, follow these steps:
- From the home screen, open Money again.
- Under your cash balance, tap Cash Out.
- Enter the dollar amount you want to transfer.
- Pick a delivery speed that suits you.
- Select the linked bank you wish to receive funds to.
- Confirm to send the money.
Send Bitcoin From Cash App to a Wallet
Cash App also supports on‑chain transfers, so you can send bitcoin to a self‑custody wallet address or to an account at a centralized exchange if you prefer that kind of crypto custody.
- Open the app and go to the main screen.
- Switch the currency display from USD to BTC by tapping it.
- Choose Bitcoin to begin an on‑chain send.
- Enter the BTC amount you plan to move.
- Use the QR code scanner or tap Send to paste a wallet address manually.
- Scan or enter the destination address, then choose Next.
- Select a payout speed and review every detail carefully.
- Press Send to broadcast the transaction.
Minimums apply: for the standard speed you must withdraw at least 0.001 BTC; Rush and Priority options allow a smaller threshold of 0.00005 BTC.
Fees for Bitcoin Transactions on Cash App
Trading crypto in the app carries tiered costs that change with order size. Whether you buy bitcoin or sell bitcoin, your fee depends on the notional amount involved, with larger trades receiving a lower percentage.
- From $0 up to $9.99 — fee: three percent.
- $10 through $100 — fee: two and a quarter percent.
- $100.01 to $200 — fee: two percent.
- $200.01 to $1,000 — fee: one and three‑quarters percent.
- $1,000.01 to $2,000 — fee: one and a half percent.
- $2,000.01 to $3,000 — fee: one and a quarter percent.
- $3,000.01 to $5,000 — fee: one percent.
- Above $5,000 — fee: three‑quarters of one percent.
For on‑chain withdrawal, you also pick a speed; faster options can include extra costs beyond the base trading fee, reflecting network conditions during your withdrawal.
FAQs
Bank Payouts From Bitcoin Are Supported: convert BTC to dollars inside Cash App, then use Cash Out to move the funds to your connected bank.
Fee Ranges for BTC Trades: rates scale with order size—from about 3 percent on very small trades down to roughly 0.75 percent for larger transactions.
The Bottom Line
Cash App makes it straightforward to buy and sell BTC, keep crypto and cash in one wallet, and complete a bitcoin withdrawal to your bank when you’re ready to realize proceeds.
If you want more detail on specific Cash App tools, explore additional guides that cover sending, receiving, and broader wallet tips for smooth bitcoin transactions.
