Cash App

Cash App

4.4/5 · Data verified on

58M+ users; Lightning Network; 0% fee BTC >$2.000; Cash Boost 5-15%. US only; Bitcoin only (no altcoin). US only; Bitcoin only

61
Transparency: Medium
61/100 · see methodology

Data & conditions

Account fee
IBAN condiviso
Multi-currency No
Outbound transfers to third-party IBANs Yes
On-chain crypto withdrawal Yes
ATM withdrawal Free
Fund custody Custodial (platform holds funds)
KYC Full
Supported countries US · 1+ countries
OAM Italy registration No
Segment B2C
MiCA / License status Money Transmitter + Banking partner (Wells Fargo, Sutton Bank) n/a (US)

Plans & pricing

Strengths

  • 58M+ users; Lightning Network; 0% fee BTC >$2.000; Cash Boost 5-15%.

Weaknesses

  • US only; Bitcoin only (no altcoin).

Verdict

A ★ 4.4/5

58M+ users; Lightning Network; 0% fee BTC >$2.000; Cash Boost 5-15%. US only; Bitcoin only (no altcoin). US only; Bitcoin only

Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.

FAQ

Is Cash App a real bank?

Cash App operates under a Money Transmitter + Banking partner (Wells Fargo, Sutton Bank) licence (US). The deposit-protection scheme is not documented for this service; check the official terms.

Can I send transfers to third-party IBANs with Cash App?

Yes, Cash App allows outgoing transfers to third-party IBANs, like a traditional bank account.

Does Cash App support direct debits and utility billing?

SEPA direct debit (SDD): not documented. Utility-bill domiciliation: not documented.

Which fiat currencies does Cash App support?

The number of supported fiat currencies is not documented. Multi-currency accounts: not supported.

Can I withdraw crypto on-chain from Cash App?

Yes, Cash App allows on-chain withdrawal of crypto to an external wallet.

Sources

Update history

  1. Entry rebuilt from the v2 canonical dataset (manually verified record).

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