NEW: 🟠 Cash App says it is making foundational changes to support living on bitcoin and using BTC as everyday money.
Starting today, users will see zero to low fee bitcoin buys, including no fees on large purchases over $2K, no fees on recurring buys, and no fees for bitcoin spending via the Lightning Network.
Cash App is also increasing bitcoin withdrawal limits for eligible customers.
The company says all bitcoin purchased on Cash App is held 1:1.
If you buy bitcoin, Cash App holds the full amount and users maintain 24/7 access with the ability to withdraw at any time.