Cash App is a popular mobile payment app that allows users to send and receive money and buy and sell Bitcoin. While Cash App provides a convenient and user-friendly way to manage your Bitcoin funds, there are some limitations to be aware of.
One of these limitations is the Cash App Bitcoin withdrawal limit. The withdrawal limit is set at $2,000 per day and $5,000 per week for all verified Cash App users. If you have more than $5,000 worth of Bitcoin in your Cash App account, you must withdraw it in increments over multiple weeks.
However, increasing Cash App Bitcoin withdrawal limit is possible by verifying your account and providing additional information. To do this:
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Go to your Cash App home screen and select the “Account & Settings” option.
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From there, select “Personal” and then “Identity Verification.”
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Follow the prompts to verify your identity by providing your full name, date of birth, and the last four digits of your Social Security Number (SSN).
Once your identity is verified, you may be asked to provide additional information to increase your withdrawal limit. This could include providing a photo of your government-issued ID or proof of income. The additional information required will depend on your account history and transaction activity.
It is important to note that the Cash App Bitcoin withdrawal limit is subject to change and may vary based on various factors, such as account verification status and transaction history. Additionally, the withdrawal limit may vary depending on your location and the applicable regulations. Therefore, it is recommended to regularly check your withdrawal limit and follow the steps to increase it if necessary.
