Cash App is a popular mobile payment app that allows users to send and receive money, buy and sell stocks, and even trade Bitcoin. If you are a Cash App user wanting to withdraw more Bitcoin than your current withdrawal limit allows, you may wonder how to increase your limit. This blog will explain how to increase Bitcoin withdrawal limit on Cash App.
What is Cash App Bitcoin Withdrawal Limit?
Cash App has a limit on how much Bitcoin you can withdraw in 24 hours. The current Cash App bitcoin withdrawal limit is $2,000 worth of Bitcoin per day. If you try to withdraw more than $2,000 worth of Bitcoin in a single day, your transaction will be declined. The Cash App limit is in place to prevent fraud and protect users' accounts.
How to Increase Your Cash App Bitcoin Withdrawal Limit?
If you want to increase your Cash App Bitcoin withdrawal limit, there are a few steps you can take:
Step 1: Verify Your Account
The first step to increasing your Bitcoin withdrawal limit on Cash App is to verify your account. To do this, open the Cash App and tap on your profile icon in the top left corner of the screen. From there, select "Personal." Next, enter your full name, date of birth, and the last four digits of your Social Security number. Cash App will then prompt you to take a photo of your driver's license or state ID to verify your identity.
Step 2: Add a Bank Account
You will also need to add a bank account to increase your Bitcoin withdrawal limit on the Cash App. To do this, go to the "Banking" tab in the Cash App and select "Add a Bank." From there, follow the prompts to enter your bank account information. Once you've added your bank account, Cash App will send two small deposits to your account to verify that it belongs to you. After you verify the deposits, your bank account will be added to the Cash App.
· To do this, go to the "Profile" tab in the Cash App and select "Support."
· From there, select "Something Else" and then "Bitcoin."
· Finally, select "Bitcoin Withdrawal Limit" and "Contact Support."
· Cash App will then prompt you to enter the reason for your request and send a message to customer support. You should receive a response within a few business days with information on how to increase your Bitcoin withdrawal limit.
When does the Cash App bitcoin withdrawal limit reset?
The Cash App Bitcoin withdrawal limit reset every 24 hours. If you reach your limit for Bitcoin withdrawals in 24 hours, you must wait until the same time the following day for your limit to reset. It is important to remember this when planning your Bitcoin transactions, especially if you need to withdraw a large amount of Bitcoin. If you need to withdraw more Bitcoin than your current limit allows, you will need to follow as mentioned increase your Cash App Bitcoin withdrawal limit.
Cash App is a convenient way to send and receive money, buy and sell stocks, and trade Bitcoin. However, it does have a limit on how much Bitcoin you can withdraw in 24 hours. To increase your Cash App Bitcoin limit, verify your account, add a bank account, and contact customer support. Following these steps, you can increase your Bitcoin withdrawal limit and enjoy greater flexibility when using the Cash App.