Cash App Announces Zero Fees on Large, Recurring Bitcoin Buys

Coinfomania
BTC-0,38%

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

Riot Platforms Sells Additional 500 BTC Worth $34.87M

Gate News message, Bitcoin mining company Riot Platforms has sold another 500 BTC valued at $34.87 million. Over the past 5 days, Riot Platforms has deposited a total of 1,500 BTC ($102.3 million) into NYDIG.

GateNews5m ago

MARA Transfers 250 BTC Worth $17.37M in Latest Transaction

Gate News message, Bitcoin miner MARA (@MARA) transferred out 250 BTC ($17.37M) 3 hours ago. MARA had previously sold 15,133 BTC ($1.1B) at an average price of approximately $72,689 between March 4 and March 25, 2026. As of February 26, 2026, MARA holds 53,822 BTC ($3.74B) and is the second-largest

GateNews13m ago

MicroStrategy’s Q1 BTC loss of $14.5 billion, continued using high-interest preferred stock financing to buy Bitcoin

MicroStrategy announced that it would add to its holdings by purchasing 4,871 bitcoins for $330 million, bringing its total holdings to 766,970 bitcoins, but its average cost is already higher than the market price, and its first-quarter loss reached $14.5 billion. The company relies on preferred stock financing and faces pressure from the capital markets and the risk of asset valuation. Although its share price has rebounded slightly, its long-term outlook is still affected by the overall economy.

ChainNewsAbmedia25m ago

Best Crypto to Invest In: Why Pepeto Targets Huge Gains Before Listings While Bitcoin Hyper and L...

The best crypto to invest in is not always the loudest project in the room. Retail buyers are trying to make sense of a market where Layer 2 tokens promise the world but deliver nothing you can use today. As Jack Dorsey’s Block launches Bitcoin Day and puts 15 BTC on the line to push adoption,

BlockChainReporter1h ago

BTC 15-minute drop of 0.62%: whale capital inflows into exchanges spark short-term sell pressure

2026-04-06 22:45 to 23:00 (UTC), BTC fell 0.62% in short-term trading. The price fluctuated between 68812.1 and 69240.0 USDT, with an amplitude of 0.62%. Trading volume rose in sync during this period, market attention increased noticeably, volatility risk rose, and short-term investors’ sentiment turned cautious. The main driving force behind this unusual move is that on-chain data shows whales holding large amounts of BTC are concentrating funds to exchanges. Within 10 minutes, the total amount of funds transferred was about $420,000; within 24 hours, it reached 867.28 BTC, even higher. Then

GateNews2h ago

BTC drops below 69,000 USDT, and the 24-hour gain narrows to 1.25%

Gate News update: On April 6, market data shows that BTC has broken below 69,000 USDT, currently trading at 68,979.5 USDT. The 24-hour gain has narrowed to 1.25%.

GateNews2h ago
Comment
0/400
No comments