Cash App is a popular peer-to-peer payment service. It allows users to send and receive money instantly. However, there are transaction limits you should be aware of.
The daily sending limit depends on whether your account is verified.
To increase your limit, verify your identity by providing your full name, date of birth, and the last four digits of your Social Security number.
Receiving money on Cash App also has restrictions.
Verifying your account removes restrictions and allows unlimited incoming transactions.
Cash App provides a Cash Card that lets users withdraw funds from ATMs. However, there are withdrawal limits:
ATM withdrawals may include fees unless reimbursed by Cash App under specific promotions.
Cash App supports Bitcoin transactions with the following limits:
These limits apply whether your account is verified or not.
To unlock higher transaction limits, follow these steps:
Once approved, your limits will increase significantly.
Understanding Cash App daily limits helps you manage transactions effectively. Verifying your account removes restrictions, allowing more flexibility in sending and receiving money. For frequent users, upgrading is essential to enjoy maximum benefits.