
How to Withdraw Bitcoin from Cash App to Your Own Wallet
A step-by-step guide to moving Bitcoin from Cash App to an external wallet, including fees, limits, and what to watch out for.
Bitcoin withdrawals from Cash App are irreversible. That single fact should shape how you approach moving your coins to an external wallet. Get the address wrong, and your Bitcoin is gone—no customer service representative can retrieve it for you.
With that caution established, the actual process is straightforward. Here's how to do it right.
The Step-by-Step Process
Open Cash App and toggle from USD to BTC on your home screen. Select Bitcoin, then choose the option to withdraw. You'll enter the amount you want to send—you can toggle between viewing it as BTC or USD, whichever makes more sense to you.
Next comes the critical part: entering your external wallet address. Cash App supports QR code scanning, which is the safer option since it eliminates typing errors. If you're entering the address manually, triple-check every character. Bitcoin addresses are long strings of letters and numbers, and a single wrong character means your funds go nowhere—or worse, somewhere you didn't intend.
After confirming the address, you'll select your withdrawal speed, then confirm the transaction. First-time withdrawals require additional identity verification, so have your personal information ready.
Understanding Fees and Speed Options
Cash App offers three withdrawal speeds, each with different costs:
Standard takes up to 24 hours and is free. The minimum withdrawal at this tier is 0.001 BTC.
Rush aims for delivery within 2 hours. You'll pay a pro-rata fee based on network congestion, plus up to $2. The minimum drops to 0.00005 BTC.
Priority targets 10 minutes or less. The pro-rata fee applies here too, plus up to $3. Same 0.00005 BTC minimum as Rush.
The "pro-rata" component means your actual fee depends on how busy the Bitcoin network is at that moment. During periods of heavy transaction volume, expect to pay more.
For most people, Standard works fine. Unless you're in a genuine hurry—say, taking advantage of a time-sensitive opportunity on another platform—there's little reason to pay extra for speed.
Withdrawal Limits
Cash App caps Bitcoin withdrawals at $10,000 worth per day and $25,000 worth per week. These limits reset on a rolling basis: daily limits refresh 24 hours after your first transaction, weekly limits over 7 days.
Unverified accounts face lower limits. Completing Cash App's verification process—which involves providing personal information and possibly documentation—unlocks the higher tiers. If you're planning to move significant amounts, get verified first.
Why Move Bitcoin Off Cash App?
The phrase "not your keys, not your coins" gets repeated so often in crypto circles that it's become a cliché, but it reflects a real consideration. When your Bitcoin sits on Cash App, you're trusting the company to secure it and remain solvent. When you hold it in your own wallet, you control the private keys directly.
This isn't to say Cash App is untrustworthy—it's a publicly traded company (Block, Inc.) with regulatory obligations. But self-custody eliminates counterparty risk entirely. You're trading Cash App's security infrastructure for personal responsibility.
That trade-off isn't right for everyone. Managing your own wallet means you're solely responsible for security, backups, and not losing access. Some people prefer the simplicity of leaving funds on a regulated platform. Both approaches have legitimate arguments in their favor.
Before You Hit Confirm
A few final considerations:
- Verify you're sending to a Bitcoin address, not an address for another cryptocurrency. They're not interchangeable.
- Send a small test amount first if you're moving a significant sum. The fee is worth the peace of mind.
- Bookmark Cash App's official help pages rather than searching each time—phishing sites often rank well in search results.
- Scammers sometimes pose as support staff or romantic interests asking you to send Bitcoin to "verify" your account. Cash App will never ask you to withdraw Bitcoin to an external address for any legitimate purpose.
The increasing popularity of self-custody reflects a maturing understanding of what cryptocurrency ownership actually means. Moving Bitcoin from Cash App to your own wallet is one expression of that—taking direct control of your financial assets, with all the responsibility that entails.