A Look into Cash App’s Bitcoin Operations
Whether you’re new to bitcoin or a seasoned expert, Cash App is an easy and safe way to buy, store, send, and receive bitcoin.
Do I own my bitcoin on Cash App?
You own 100 percent of your bitcoin on Cash App. Our Terms of Service state that when you hold bitcoin on Cash App—you own it.
Does Cash App lend out my bitcoin?
We don’t let anyone borrow or earn interest on your bitcoin. This means you have access to your bitcoin 24/7. For more information on the features we do offer, visit our Bitcoin Help Center Page.
Is it safe to store my bitcoin with Cash App?
We take precautions to ensure that your bitcoin can’t be hacked or stolen. We keep a vast majority of all bitcoin in cold storage which means it’s offline—disconnected from the internet to protect your funds from online threats.
Does Cash App encrypt my bitcoin payment data?
Cash App is PCI Data Security Standard (PCI-DSS) Level 1 compliant. Your payment information is encrypted and sent securely to our servers whether you’re using public or private Wi-Fi or a data service such as 3G, 4G and EDGE.
Learn more about our security practices: https://cash.app/security.
When can I withdraw my bitcoin on Cash App?
On Cash App, you can withdraw your bitcoin at any time. We make it easy for you to move your bitcoin to other apps, exchanges, wallets, and custody solutions. You can even choose the speed of your withdrawal. With options for Standard, Rush, and Priority speed, you can move your bitcoin at a speed that works for you.
If this is your first time withdrawing bitcoin, you may need to enter some additional personal information before making a withdrawal. You need to withdraw a minimum of 0.001 bitcoin to make a withdrawal using the free Standard withdrawal speed. Rush and Priority speed withdrawals have a 0.00005 bitcoin minimum withdrawal amount.
To learn how to withdraw your bitcoin seamlessly, visit our help center article.
If you are sending bitcoin to another wallet with the Lightning Network enabled, you can withdraw your bitcoin fast and for free.
How does Cash App sell bitcoin to customers?
We’re able to sell bitcoin to our customers by purchasing it from multiple third-parties. Having several vetted sources helps ensure that we can fulfill your purchase orders.
Bitcoin trading is offered by Block, Inc. For additional information, see the Bitcoin disclosures.