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
The U.S. government transferred 2.44 BTC to a certain CEX, worth about $177k
Gate News message. On April 10, according to Lookonchain monitoring, the U.S. government (funds seized involving Glenn Olivio) today deposited 2.44 BTC to a CEX, worth approximately $177k.
GateNews21m ago
BlackRock withdrew 2,700 BTC and 30,000 ETH from a certain CEX.
Gate News, April 10, according to Onchain Lens monitoring, BlackRock withdrew 2,700 BTC (worth $196.87 million) and 30,000 ETH (worth $67.42 million) from a certain CEX.
GateNews25m ago
Bhutan’s Bitcoin reserves are down by more than 70%, with the sovereign wealth fund DHI frequently transferring assets, drawing attention
The Royal Government of Bhutan recently transferred approximately $18 million worth of Bitcoin. Its holdings have decreased from about 13,000 BTC in 2024 to 3,774 BTC, a reduction of more than 70%. The assets are managed by Druk Holding, and the country uses hydropower to mine Bitcoin. The recent transfers may be related to infrastructure financing needs. Bhutan still remains one of the world’s major Bitcoin-holding countries.
ChainNewsAbmedia51m ago
Tom Lee: The market is showing signs of forming a bottom; Ethereum, BMNR, and Bitcoin are recommended.
Gate News message, April 10, renowned market analyst Tom Lee posted that there are increasing signs the market bottom has already formed, even though the overall market still generally remains skeptical. Tom Lee suggested that for investors who are still skeptical, they could consider buying assets that performed ahead during the U.S.-Iran war. He pointed out that Ethereum and BMNR are among his top picks, and Bitcoin is also included among the recommendations. Tom Lee believes that crypto assets have already proven themselves to be a store of value during wartime.
GateNews1h ago
In the past hour, total liquidations across the entire network reached $43.04 million, with BTC liquidations of $21.52 million
Gate News news, on April 10, Coinglass data shows that over the past 1 hour, the total liquidation amount across the entire network reached $43.04 million. Of this, short positions were liquidated for $38.65 million, and long positions were liquidated for $4.38 million. By coin, the liquidation amount for BTC reached $21.52 million, and for ETH it reached $10.83 million.
GateNews1h ago
