Jack Dorsey’s Cash App Announces Fee-Free Bitcoin Buys

Jack Dorsey’s Cash App has announced a huge update for Bitcoin users. Starting immediately, the app will eliminate fees on purchases over $2,000 and on all recurring Bitcoin buys. The move is designed to make it easier for users to accumulate Bitcoin over time.

Cash App Makes Bitcoin More Accessible

Cash App has long positioned itself as a simple way for everyday users to buy Bitcoin. By removing fees on bigger transactions and recurring purchases, the app reduces friction for retail investors. Users can now set up automatic weekly or monthly Bitcoin purchases without worrying about extra costs eating into their investment.

Jack Dorsey, co-founder of Block (formerly Square), has been a vocal Bitcoin advocate for years. His portrait and the Bitcoin logo featured in the announcement reinforce his ongoing mission to make Bitcoin everyday money. Dorsey has consistently argued that Bitcoin adoption depends on accessibility and ease of use.

Impact on Bitcoin Adoption in the Market

The crypto community reacted positively to the announcement. Many users highlighted the potential boost for dollar-cost averaging strategies. Regular, fee-free purchases allow users to accumulate Bitcoin gradually, removing the risks of market volatility.

Analysts suggest this move could also attract new users who were previously hesitant due to transaction fees. By lowering the cost of entry, Cash App strengthens its position as a leading retail platform for Bitcoin.

Aligning With Block’s Broader Strategy

This update aligns with Block’s long-term strategy to remove friction from financial transactions. Over the years, Block has introduced multiple features to simplify payments, banking and Bitcoin investing. Fee-free recurring buys continue this trend and signal the company’s commitment to growing Bitcoin adoption.

Bullish Sentiment in the Market

Initial reactions on social media reflect optimism. Investors see this as a bullish signal for Bitcoin, especially as prices rise. The combination of easier access and growing awareness could lead to increased retail activity, further supporting Bitcoin’s market momentum.

With fee-free options now available, Cash App users can accumulate Bitcoin more efficiently than ever. For many, this is another step toward making Bitcoin a mainstream financial tool.

The post Jack Dorsey’s Cash App Announces Fee-Free Bitcoin Buys appeared first on Coinfomania.