{"id":233575,"date":"2021-04-23T00:21:59","date_gmt":"2021-04-22T21:21:59","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/squares-cash-app-raises-minimum-bitcoin-withdrawal-to-0-001-btc\/"},"modified":"2021-04-23T00:21:59","modified_gmt":"2021-04-22T21:21:59","slug":"squares-cash-app-raises-minimum-bitcoin-withdrawal-to-0-001-btc","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/squares-cash-app-raises-minimum-bitcoin-withdrawal-to-0-001-btc\/","title":{"rendered":"# Square\u2019s Cash App raises minimum Bitcoin withdrawal to 0.001 BTC"},"content":{"rendered":"<p>&#8220;<strong># Square\u2019s Cash <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">App<\/a> raises minimum Bitcoin withdrawal to 0.001 BTC  <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDQvZWJiZWVjN2ItNDI4Mi00ZTQ4LTk1NzQtOTBmYzU0Zjc3NWU5LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>Square&#8217;s Cash App, a Bitcoin-friendly mobile payments platform, has raised its minimum withdrawal requirements for BTC holders.<\/p>\n<p>The minimum withdrawal amount for Bitcoin accounts is now 0.001 BTC, or 100,000 satoshis, compared with 0.0001 BTC, or 10,000 satoshis, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/web.archive.org\/web\/20210329221514\/https:\/\/cash.app\/help\/us\/en-us\/3106-bitcoin-withdrawal-instructions\">previously<\/a>. <\/p>\n<p>With Bitcoin hovering around $51,800, 0.001 BTC is equivalent to $51.80. The leading cryptocurrency was in the midst of another large correction on Thursday, having fallen 6%. Bitcoin is down over 19% over the past seven days, according to CoinMarketCap data. <\/p>\n<p>\u201cYou must have a balance of at least 0.001 bitcoin to make a withdrawal,\u201d reads Cash App\u2019s withdrawal instructions. Users can still withdraw up to $2,000 worth of BTC every 24 hours and up to $5,000 within any seven-day period.<\/p>\n<p>Although Cash App appears to have updated its withdrawal terms silently, the change may be due to higher network fees. As Cointelegraph recently reported, BTC transaction fees are approaching all-time highs in dollar terms following a major decline in the network\u2019s hash rate. The average cost of a Bitcoin transaction reached $58 on Tuesday, just shy of the $62 record set in December 2017.<\/p>\n<p>Cash App has emerged as a popular method for buying Bitcoin, with fees on purchases accounting for the lion\u2019s share of its revenue. Cash App\u2019s Bitcoin-derived revenue reached $1.63 billion in the third quarter of 2020, accounting for 80% of its total sales. <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/square-s-cash-app-raises-minimum-bitcoin-withdrawal-to-0-001-btc\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Square\u2019s Cash App raises minimum Bitcoin withdrawal to 0.001 BTC &#8221; Square&#8217;s Cash App, a Bitcoin-friendly mobile payments platform, has raised its minimum withdrawal requirements for BTC holders. The minimum withdrawal amount for Bitcoin accounts is now 0.001 BTC, or 100,000 satoshis, compared with 0.0001 BTC, or 10,000 satoshis, previously. With Bitcoin hovering around&#8230;<\/p>\n","protected":false},"author":1,"featured_media":233576,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDQvZWJiZWVjN2ItNDI4Mi00ZTQ4LTk1NzQtOTBmYzU0Zjc3NWU5LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[75571,74862,74937,75462,74927],"class_list":["post-233575","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-applications","tag-bitcoin","tag-bitcoin-price","tag-hash-rate","tag-square"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/233575","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=233575"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/233575\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/233576"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=233575"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=233575"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=233575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}