Cashing out Bitcoin on Cash App is a straightforward process that allows you to convert your cryptocurrency into real money with ease. To initiate the cash-out, first ensure that you have sold your Bitcoin and converted it to USD within the app. Once your funds are in USD, follow these steps:
- Open Cash App on your device.
- Navigate to your balance on the home screen.
- Select “Cash Out” and choose the amount you wish to withdraw.
- Pick a transfer method – you can either opt for an instant transfer (with a fee) or a standard transfer (which takes 1-3 business days).
- Confirm your selection to complete the process.
Keep in mind that there may be limits on the cash-out amounts depending on your Cash App account settings and verification status. For a rapid reference, here’s a simple overview of the cash-out options:
Transfer Type | Speed | Fees |
---|---|---|
Instant Transfer | Instant | 1.5% of the amount |
Standard Transfer | 1-3 Business Days | Free |