How to Enable Bitcoin Withdrawal on Cash App in 2023

To enable Bitcoin withdrawal on Cash App in 2023, follow these steps to ensure you have set up your account correctly and comply with the platform’s requirements.

1. Ensure Your Account is Verified Before you can withdraw Bitcoin, your Cash App account must be fully verified. This involves completing identity verification and linking a bank account. To do this:

• Open Cash App on your mobile device.
• Tap on your profile icon in the top-left corner.
• Select “Personal” and then “Verify Your Identity.”
• Follow the instructions to upload a photo of your ID and other required documents.

2. Enable Bitcoin Withdrawals Once your account is verified, you can enable Bitcoin withdrawals:

• Go to the Cash App home screen.
• Tap on the “Investing” tab (the icon that looks like a chart).
• Select “Bitcoin” to access your Bitcoin holdings.
• Tap on the three dots (menu) in the top-right corner and select “Withdraw Bitcoin.”
• If you don’t see this option, ensure that your account meets all requirements and that Bitcoin withdrawal is available in your region.

3. Add a Bitcoin Address You need to add a Bitcoin address to withdraw funds:

• Tap on “Withdraw Bitcoin” as described above.
• Select “Add Bitcoin Address.”
• Enter the Bitcoin address where you want to send your funds. This address can be generated from another wallet or exchange.
• Confirm the address and ensure it is correct. Bitcoin transactions are irreversible.

4. Set Withdrawal Amount Specify the amount of Bitcoin you wish to withdraw:

• Enter the amount in BTC (Bitcoin) or its equivalent in your local currency.
• Review the transaction details and any associated fees.

5. Confirm the Withdrawal

• After setting the amount, you will be prompted to confirm the withdrawal.
• Cash App will ask for confirmation via your PIN or biometric authentication.
• Review the transaction one last time and confirm it.

6. Monitor the Transaction

• Once the withdrawal is confirmed, it will be processed. You can check the status of the transaction in the “Activity” tab of Cash App.
• Bitcoin transactions can take some time to be confirmed on the blockchain, depending on network congestion and transaction fees.

7. Troubleshooting If you encounter issues:

• Make sure your account is fully verified.
• Ensure that your Cash App is up-to-date with the latest version.
• Contact Cash App support for assistance if you experience persistent issues.

By following these steps, you should be able to enable and execute Bitcoin withdrawals on Cash App efficiently.