Cash App Announces Zero Fees on Large, Recurring Bitcoin Buys

Coinfomania
BTC-2,04%

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

In the past 24 hours, the entire network's contract liquidations reached $382 million, mainly from long positions.

PANews February 28 News, CoinAnk data shows that in the past 24 hours, the total liquidations in the cryptocurrency market across all contracts reached $382 million, including $277 million in long positions and $105 million in short positions. The total liquidation amount for BTC was $148 million, and for ETH it was $90.29 million.

GateNews8m ago

Bitcoin Sell Volume Surges by $1.8 Billion Amid US Tensions - U.Today

Bitcoin faced a significant sell-off, recording $1.8 billion in sell volume amid rising market fears linked to geopolitical tensions. Sellers dominate the market, though some optimism for a rebound persists despite ongoing bearish sentiment.

UToday18m ago

Dormant Bitcoin Reactivations Remain Measured Versus 2025

While bitcoin has been idling well beneath the $70,000 threshold, onchain metrics reveal that long-dormant wallets established between 2010 and 2017 have stirred to life in February, shifting 1,908.21 BTC value at just over $125 million through 69 separate transactions. Early Bitcoin Spending

Coinpedia26m ago

ChatGPT Predicts the Price of Bitcoin and Ethereum if the Clarity Act Passes

Bitcoin price is around $63,903, and Ethereum price is near $1,859 right now. A new law called the Crypto Clarity Act is expected to be introduced by March 1. This law could change how the United States treats crypto. That matters because clear rules can affect BTC price and ETH price in a

CaptainAltcoin43m ago

39% of Bitcoin Now in Loss – Is the Real Capitulation Still Ahead?

_Bitcoin’s unrealized losses climb above 39% as price holds a tight range and traders watch the $64K and $69K zones._ Bitcoin is facing mounting pressure as new on-chain data shows a sharp rise in unrealized losses. More than 39% of the circulating supply is now held at a loss, suggesting

LiveBTCNews53m ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)