How to Get Rid of Bitcoin on Cash App

If you’re looking to get rid of Bitcoin on Cash App, you have a few options to consider. Whether you want to sell your Bitcoin, transfer it to another wallet, or simply withdraw it to a bank account, this guide will walk you through the steps required.

1. Selling Your Bitcoin on Cash App

The most straightforward method to get rid of Bitcoin on Cash App is to sell it. Here’s how you can do it:

Step 1: Open Cash App

• Launch the Cash App on your mobile device.
• Log in to your account if you haven’t already.

Step 2: Access the Bitcoin Tab

• Tap on the Bitcoin icon (usually located at the bottom of the screen).

Step 3: Choose the Amount to Sell

• Tap on “Sell” or “Withdraw Bitcoin.”
• Enter the amount of Bitcoin you wish to sell. You can choose to sell a specific dollar amount or Bitcoin amount.

Step 4: Confirm Your Sale

• Review the transaction details.
• Tap “Sell” to confirm. You might need to verify the transaction using your PIN or biometric authentication.

Step 5: Funds Availability

• Once the sale is completed, the funds will be available in your Cash App balance. From here, you can either keep the funds in your Cash App balance or withdraw them to your linked bank account.

2. Transferring Bitcoin to Another Wallet

If you prefer to transfer your Bitcoin to another wallet instead of selling it, follow these steps:

Step 1: Open Cash App

• Open the Cash App and log in to your account.

Step 2: Access the Bitcoin Tab

• Tap on the Bitcoin icon.

Step 3: Tap on “Withdraw Bitcoin”

• Select “Withdraw Bitcoin” to initiate the transfer process.

Step 4: Enter the Destination Wallet Address

• Enter the wallet address of the recipient. Make sure this address is accurate to avoid losing your Bitcoin.

Step 5: Choose the Amount

• Enter the amount of Bitcoin you wish to transfer.

Step 6: Confirm the Transfer

• Review the transaction details and tap “Withdraw.” You might need to confirm the transaction with your PIN or biometric authentication.

Step 7: Wait for Confirmation

• The Bitcoin will be transferred to the specified wallet. The time it takes for the transaction to be confirmed can vary depending on network congestion.

3. Withdrawing Bitcoin to a Bank Account

If you want to convert your Bitcoin into cash and withdraw it to your bank account, follow these steps:

Step 1: Convert Bitcoin to Cash

• Before withdrawing, make sure your Bitcoin is converted into cash by following the “Selling Your Bitcoin on Cash App” steps mentioned above.

Step 2: Withdraw Cash to Your Bank Account

• Tap on the “Banking” tab on the Cash App home screen.
• Select “Cash Out.”
• Choose the amount you want to withdraw and select your preferred withdrawal method. You can choose between instant withdrawal (with a fee) or standard withdrawal (which may take 1-3 business days).

4. Additional Tips

• Transaction Fees: Be aware of potential transaction fees when selling or transferring Bitcoin.
• Security: Always ensure that you’re using a secure network when performing transactions. Verify all details before confirming any transaction.
• Customer Support: If you encounter any issues, Cash App has a support team available to help with transactions and account issues.