Cash App Announces Zero Fees on Large, Recurring Bitcoin Buys

Coinfomania
BTC-2,92%

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.

Gerelateerde artikelen

《紐約時報》再掀「中本聰身分謎團」,Adam Back 被鎖定後火速澄清

作者:Nancy,PANews 中本聰的真實身份,依然是加密世界延續 17 年的謎團。圍繞這一化名的猜測從未停止,從密碼學家到企業創始人,各種候選人輪番登場,但始終缺乏能夠一錘定音的證據。 近期,《紐約時報》發布萬字調查,從語言風格、技術路徑與歷史脈絡出發的多重比對,將 Blockstream 執行長 Adam Back 列為最有力的中本聰候選人。然而,這項說法很快就遭到本人明確否認,相關論點也被業界普遍質疑難以成立。 中本聰身分爭議再起,萬字調查鎖定 Adam Back 在這項調查中,《紐約時報》記者 John Carreyrou 花了一年多時間,深入梳理數十年來的檔案、密碼龐克郵件列表以

区块客1u geleden

Morgan Stanley Bitcoin ETF Drives 3-Fold Impact as 16,000 Advisors Open Path to Multi-Billion Demand

Bitcoin demand is set to expand rapidly as Morgan Stanley deploys its 16,000 advisors and launches a low-cost ETF, driving institutional inflows and strengthening crypto’s position in mainstream portfolios. Key Takeaways: Morgan Stanley’s 16,000 advisors unlock major bitcoin demand, driving

Coinpedia6u geleden

DWF Labs 联创:当前市场无聊但并未消亡,Builder 或投资者仍有很多事情可做

DWF Labs 联合创始人 Andrei Grachev 表示市场当前处于“无聊”阶段,许多重要活动在悄然进行,建议投资者保持耐心,寻找更好时机。他强调市场依然存在机会,如持有比特币或参与山寨币,呼吁小散户应保持学习和乐观。

GateNews6u geleden
Opmerking
0/400
Geen opmerkingen