Cash App Announces Zero Fees on Large, Recurring Bitcoin Buys

Coinfomania
BTC1,03%

Jack Dorsey’s Cash App has removed fees on large Bitcoin purchases and recurring buys, making it cheaper for U.S. investors to buy and hold Bitcoin. The change applies to purchases over $2,000 and all recurring Bitcoin buys starting February 2026.

Cash App Cuts Fees on Bitcoin Purchases

Cash App, owned by Block Inc., said it will no longer charge fees or spreads for high-value Bitcoin transactions. This includes both one-time purchases above $2,000 and all automated recurring buys. Smaller one-time purchases under $2,000 will still have fees.

This update makes Cash App more appealing to investors who buy Bitcoin in large amounts. It also helps users avoid extra costs, making it easier to grow or maintain their Bitcoin holdings.

Jack Dorsey’s Long Support for Bitcoin

Images shared with the announcement show Jack Dorsey alongside Cash App’s Bitcoin branding. Dorsey co-founded Cash App in 2013 and has long supported Bitcoin. Since then, the platform has processed over $20 billion in Bitcoin transactions.

This new policy continues Dorsey’s goal of making Bitcoin easier and cheaper to use. It encourages larger and automated purchases, which could help more people adopt Bitcoin in everyday investing.

Encouraging High-Volume and Institutional Interest

Removing fees on big and recurring buys may also attract institutional investors and high-volume traders. Lower costs make it easier to put more money into Bitcoin without losing value to fees. This move aligns with a growing trend of interest from institutions in cryptocurrency, especially Bitcoin.

Cash App Fees and Benefits for Investors

While this change is good for high-volume and recurring investors, smaller casual buyers will not benefit as much. Purchases under $2,000 still include fees. Investors should also remember that Bitcoin prices can change quickly and plan purchases carefully.

Overall, Cash App’s new policy focuses on making Bitcoin investing cheaper and more attractive for serious users. By removing fees for larger and recurring purchases, the platform helps more people and institutions invest in Bitcoin. This could support wider adoption of cryptocurrency in the U.S. and lower barriers for new investors.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin Holds $69K–$71K Range Amid Middle East Ceasefire Confusion

Bitcoin hovered in a narrow band between $69,000 and $71,000 as traders weighed mixed diplomatic signals over a possible Middle East ceasefire. Divergent Signals From Washington Bitcoin maintained a tight consolidation pattern between $69,000 and $71,000 Wednesday as market participants

Coinpedia7m ago

Bitcoin Nearing Undervalued Territory? CryptoQuant Flags Key On-Chain Signal

CryptoQuant sparked fresh debate in markets this week after posting a short-but-sharp take on a once-obscure on-chain gauge: the one-week-to-one-month holding ratio. The firm pointed out that this ratio, a measure of how much Bitcoin is being held for very short windows versus slightly longer

BlockChainReporter42m ago

Analysts: March CPI print already baked into BTC price

The February CPI data came in broadly as anticipated, reinforcing that higher inflation remains a factor but not a surprise driver for markets. Analysts at 21Shares argued that the macro picture had already priced in the March print, shifting attention to how the Federal Reserve would respond. The

CryptoBreaking50m ago

Strategy’s Bitcoin-Backed STRC Outperforms Tech Stocks on Risk-Adjusted Returns

Strategy Inc.’s bitcoin-backed preferred equity STRC crossed a notable milestone this week after Chairman Michael Saylor announced the instrument had delivered one of the strongest risk-adjusted performance metrics in the market. Saylor Promotes STRC as Digital Credit With Sharpe Ratio Over 3 Str

Coinpedia1h ago
Comment
0/400
No comments