Cash App (formerly known as Square Cash), as a multi-financial services platform under Block, Inc., not only supports P2P transfers and stock investments but also provides convenient Bitcoin purchasing, storage, and sending/receiving functions. For users looking to integrate external Bitcoin Wallet assets into Cash App, here are the latest operational guidelines and precautions for 2025.
Preparation: Ensure that the account supports Bitcoin functionality.
- Complete Identity Verification (KYC): Before transferring Bitcoin in Cash App, the account must pass strict identity verification. Government-issued identification (such as a driver’s license or passport) must be submitted, and real-time selfie verification may be required. Unverified accounts only support basic transfers and cannot use cryptocurrency features.
- Activate your Bitcoin Wallet address: Go to the “Invest” tab at the bottom of the Cash App → Select “Bitcoin” → Click “Deposit” to get your exclusive BTC deposit address. This address is automatically generated by the system and linked to your account.
Four steps to transfer Bitcoin to Cash App
- Open an external Wallet or exchange: Log in to the platform where you store your Bitcoin and select “Send Bitcoin” or withdraw BTC.
- Paste the Cash App deposit address: Copy the BTC address provided by Cash App (which begins with 1 or 3, or scan the QR code) and paste it into the receiving address field of your external Wallet. Be sure to double-check the address, as incorrect transfers are irreversible.
- Enter the transfer amount and confirm the transaction fee.
- Enter the amount of BTC to be transferred (supports any decimal, minimum value ≈ 1 dollar)
- Choose the transaction fee based on network congestion: standard fee (approximately 1 - 2 dollars, arrives in 30 - 60 minutes) or priority fee (accelerated processing, higher cost).
Finnaly, Submit and wait for on-chain confirmation: After the transaction is submitted, it needs to be confirmed by the Bitcoin network through 6 blocks (usually takes 30 - 60 minutes). Once completed, Bitcoin will automatically appear in the Cash App balance.
Frequently Asked Questions (FAQ)
Can I transfer from a non-US wallet?
Yes. As long as the address is valid, the global Bitcoin network can transfer to Cash App.
What should I do if the transfer has not been received?
First, check the blockchain confirmation status (query via TxID). If it has not been confirmed for more than 2 hours, contact the external platform customer service; if it has been confirmed but not credited, contact Cash App support (in-app “Support” option).
Summary
Cash App, with its low-threshold interface and compliance framework, has become one of the top choices for beginners managing Bitcoin. The transfer operation is simple, but the accuracy of the address and the level of account security are the core of asset safety. It is advisable to conduct small tests before large operations and prioritize completing KYC to increase limits. For long-term holders, combining storage with a cold Wallet remains the best practice for risk diversification.
Author:
Blog Team*The content herein does not constitute any offer, solicitation, or recommendation. You should always seek independent professional advice before making any investment decisions.
*Please note that Gate may restrict or prohibit the use of all or a portion of the Services from Restricted Locations. For more information, please read the User Agreement via
https://www.gate.com/legal/user-agreement.