Cash App review

No public signup bonusBonus termsAs of November 2, 2026

Fee charged on a $1,000 purchase: $9by bank transfer
Time for a bank withdrawal: Not made public
Coins: Not made public

Cash App publishes a fee of $9 when you buy $1,000 of crypto by bank transfer (0.9% fee, plus spread). No US state exclusions appear on any list published by Cash App. Under its user terms, you need only live in the US.

Buying $1,000 through a bank transfer: a fee of $9, plus spread
States that aren't served: Cash App hasn't published a state list
Status: New York NYDFS licence: Yes cash.app

the score comes to 4.6 out of 10.

Fees receive 30% weighting and score 4.5 out of 10.
Availability receives 20% weighting and scores 5.3 out of 10.
Security and licences receive 20% weighting and score 3.0 out of 10.
Products receive 15% weighting and score 1.0 out of 10.
App ratings receive 15% weighting and score 9.5 out of 10.

How we score exchanges

We earn a commission if you open an account through our links. It does not change the fees you pay or our score.

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Cash App fees in dollars

The Cash App table links each fee to its source page on Cash App. The worked example adds up the fees for $1,000.

Fee	Rate	Source	Read on
Simple buy fee	2%	cash.app	November 2, 2026
How the simple buy fee is set	Market buys and sells have fees of 2.0% ($1-499), 1.5% ($500-999), 0.9% ($1,000-1,999), and 0% ($2,000+). A 0% fee applies to Auto Invest, Round Ups, Paid in Bitcoin	cash.app	November 2, 2026
Spread	The spread ranges from 0% to 0.75% as market conditions change and is included in the price. Auto Invest, Round Ups, Paid in Bitcoin and purchases above $2,000 have no spread	cash.app	November 2, 2026
Bitcoin withdrawal	Standard costs nothing and finishes within 24h, with a 100,000 sats minimum. Rush delivery takes 2h, but Priority delivery takes 10 min. Each adds a pro-rata network fee and up to $2 / $3	cash.app	November 2, 2026

What a $1,000 transaction costs with Cash App

Each payment or payout method uses the same $1,000; a dash means Cash App hasn't published a number.

What you do with $1,000	You pay	How it is charged
Buy by bank transfer (ACH)	$9	0.9% fee, plus spread
Send Bitcoin to a wallet	$0	free standard send

The Cash App fees page lists all fees and includes a calculator for your amount.

Cash App availability

You must live in the US under Cash App's only location requirement. Cash App publishes no excluded US state list, while New York residents can use Cash App.

Cash App withdrawals

Cash App doesn't state the bank withdrawal fee or time in the pages we reviewed. We found no fixed Cash App hold period on the pages we read.

See the Cash App withdrawal guide for withdrawal times, limits and withdrawals that are stuck.

The Cash App operator and its licences

Block, Inc. operates Cash App's US business.

Cash App holds a New York licence or charter issued by NYDFS.

You can find Cash App's state licences on its licence page.

There is one dated incident on record for Cash App; every incident has its source listed.

Cash App security

We found no Cash App proof-of-reserves attestation on the pages we read.

Cash App on custody: Cold storage (offline) holds most bitcoin.

Cash App app ratings

On Google Play, the Cash App app received 4.7 from 4,520,000 ratings. With 8,784,253 ratings, the App Store rating is 4.8 out of 5.

Cash App account setup

Buying bitcoin through a Cash App account requires ID verification with your legal name, date of birth and the last 4 of SSN/ITIN. Your full SSN, address and photo ID may be requested by Cash App.

Cash App benefits and drawbacks

Pros

Cash App is licensed by NYDFS, the strictest US state regulator for crypto.
Cash App's app has a 4.8 rating out of 5 from iPhone users.

Cons

Cash App's simple buy price includes a spread, although the company doesn't publish that figure.
Cash App has no advanced trading screen that offers lower fees.
Cash App has one dated enforcement or security incident on record.

Compare Cash App with these:

You can compare Cash App on side-by-side pages with the exchanges people compare it with most often.

More about Cash App

Questions people ask

Can you use Cash App in every US state?

Cash App doesn't provide a list of excluded US states. You must live in the US under the only location requirement in the user terms.

How long does a bank withdrawal from Cash App take?

Neither a Cash App bank withdrawal fee nor a time appears on the pages we read.

Does Cash App provide a 1099 form?

Yes. Cash App provides Form 1099-DA for bitcoin sales. A separate form covers each 2025 sale. No cost basis appears for 2025, while P2P stays excluded.