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
A certain Korean CEX is pushing for the reelection of its current CEO, who was previously penalized by regulators due to operational errors
South Korea's second-largest cryptocurrency exchange platform remains committed to supporting CEO Lee Jae-won's reelection, despite the platform facing controversy over a Bitcoin misdisbursement incident and regulatory penalties. Despite major flaws being exposed, the exchange has chosen to maintain operational stability rather than pursue management restructuring.
GateNews1h ago
Strategy Bitcoin holdings have a floating loss of 8.8%, approximately $5.08 billion
On March 22nd, Bitcoin's price declined 2.36% to $69,023, with Strategy's Bitcoin position experiencing an unrealized loss of 8.8%, approximately $5.08 billion. Previously, the price had briefly surpassed $76,000, during which the position was temporarily profitable. As of March 15th, Strategy held 761,068 BTC with a total cost basis of approximately $57.61 billion.
GateNews2h ago
Fractal model predicts Bitcoin will hit bottom in October 2026
Bitcoin shows positive recovery signals, improving market sentiment after a long phase of volatility. However, experts believe the current uptrend is short-term, with deeper correction risks ahead. According to Crypto Rover's fractal model, Bitcoin's price follows a four-year cycle influenced by halving events. The current cycle likely peaked in late 2025, with further declines expected before a potential bottom around 2026. Short-term price fluctuations can mislead investors, emphasizing the importance of understanding these cycles for long-term trends.
TapChiBitcoin2h ago
Bitcoin Mining Cost Rises to $88,000, Miners Lose Approximately $19,000 Per Coin
Rising energy prices and tensions in the Middle East have increased Bitcoin mining costs, with current production costs around $88,000 per BTC. Miners are losing nearly $19,000 per coin, representing an overall loss of 21%. Network mining difficulty has decreased by 7.8%, hashrate has declined, and the market may face selling pressure.
GateNews3h ago
