Cash App Gambling = account closure: follow these rules to avoid

As many of our readers are already aware, cryptocurrencies like Bitcoin are often the best option when it comes to initiating deposits and withdrawals at online poker or gambling sites. While crypto certainly has its advantages including very low fees, fast transactions, and privacy, there is still a bit of a steep learning curve when it comes to utilizing cryptocurrencies for gambling online. This is where Cash App comes in because it takes a lot of the difficulty out of crypto-currency online gaming.

Unfortunately, we have been hearing from many players who have had their Cash App accounts closed after receiving their winnings directly from an online poker website or casino. Luckily, there is a very simple solution to solve this issue in its entirety. In this article, we will discuss Cash App gambling, Cash App cryptocurrency withdrawals, and how to ensure that your Cash App account remains active and in good standing.

What is Cash App?

Cash App is a widely popular mobile phone application that allows users to send and receive money digitally in a variety of ways. Cash App first rose to prominence under its previous name, Square Cash, which originally debuted back in October of 2013. The mobile phone application offers users a way of sending money back and forth essentially as a peer-to-peer trading forum.

Cash App allows individuals and business to create their own unique usernames to receive and send money known as “$cashtags.” Users can then easily send and receive cash by using their unique $cashtag. In January 2018, Cash App started offering Bitcoin trading.

When it comes to online gambling and poker, Cash App really only grew in popularity because it offered users an easy method of buying and sending Bitcoin. Users could purchase Bitcoin in a few simple steps and easily deposit into an online casino. Unfortunately, initiating deposits or withdrawals using Cash App directly is not recommended and may result in your account being closed permanently.

Why is Cash App Closing and Banning Accounts?

Cash App, along with other crypto exchanges like Coinbase and Kraken, frequently closes customer accounts for violating their Terms of Service or rules. If we examine the Cash App website in detail, we can see that gambling is specifically mentioned in the Acceptable Use Policy in the fifth line item under the section covering “What's not allowed.”

Unfortunately, we have noticed that a number of our competitors, including many online poker and gambling affiliate sites, are recommending that players deposit and withdraw Bitcoin directly to and from Cash App. We have noticed that this problem has become more pervasive in recent times, so we felt it was important to highlight some of the bad advice we found regarding Cash App gambling.

Poor advice about sending and receiving Bitcoin using Cash App

As a result, we have continually heard from players who have experienced this issue themselves. Many people have ended up having their Cash App accounts closed as a result of depositing or withdrawing directly to or from any online gambling or poker website.

An alert you might receive if your Cash App account is closed

You might be wondering how Cash App would be aware of your crypto gambling deposits and withdrawals and then be able to close your account. The answer is that exchanges like Cash App can often identify wallets that are specifically associated with online gambling sites. Then when you initiate a transaction interacting directly with a highlighted casino wallet, Cash App will know that you have broken the Acceptable Use Policy

Using an Intermediary Wallet

We highly recommend utilizing a private intermediary wallet to facilitate all deposits and withdrawals for online poker or gambling. Most users who report problems only encounter issues when withdrawing funds directly to an exchange, but we have heard of players having their accounts closed for simply depositing to a gaming site, so it is definitely best practice to use a private wallet as a “middleman” both when depositing and withdrawing.

Cash App Gambling Deposits

Instead of using your Cash App account to directly withdraw cryptocurrency from an online casino or poker room, the best option is to always utilize a private intermediary wallet as a “middleman.” By moving your funds into a wallet that is private and to which you hold your own private keys, you remove the risk of being banned by an exchange platform like Cash App.

The first step would remain the same: You can purchase Bitcoin using Cash App. This process is fairly simple even if you aren't familiar with crypto.

You can download Cash App on your mobile phone through the Apple Store or the Google Play Store. You can also use the code 6C22KRL or use our direct Cash App sign up link to receive $5 for free and begin the download process. Once you download the app, it will request an email or a phone number in order to get started.

Next, you'll need to confirm your account by entering a code or clicking a link sent through email. Once this is complete, you'll be asked to set a four-digit pin, and then you'll be able to proceed with purchasing and sending Bitcoin.

Cash App will also request that you upload a photograph of your ID and a selfie image of yourself in order to verify your identity. This process usually only takes a few minutes, and once your ID is verified and approved, you'll be able to freely send and receive Bitcoin to use for online gambling.

Cash App will ask you to upload ID and verify your identity

On the home screen, you should see a small oval dropdown menu that says USD. Click on the USD oval and you should see a bright blue prompt to Buy Bitcoin. Click the blue button.

At this point, you'll be able to select an amount to purchase. There are a few preset amounts that you can buy: $1, $10, $20, $50, and $100. You can also click the three dots in the bottom right-hand corner to type in a custom amount.

Choose a preset amount of Bitcoin to buy or type in any custom amount

You will then be brought to a confirmation screen where Cash App will display all of the details of your pending Bitcoin purchase. You can double-check the spot price you are being quoted for the Bitcoin as well as the fee that you'll be charged.

You can review the details of your pending Bitcoin purchase

After you have reviewed all of the details of your pending buy, the next screen will ask you to enter your debit card information in order to complete your Bitcoin purchase. Go ahead and enter all of your card information here, and then click confirm. You will be asked to enter your pin as well to confirm your purchase.

Once you have the Bitcoin, the next step is to send your Bitcoin to a private intermediary wallet. For this purpose, we recommend using Blockchain.com. Blockchain.com offers a simple private wallet that is easy to use and set up within a few minutes. First, visit Blockchain.com and click “sign up.”

Next, you'll be asked to enter a few basic details like your email, name, and password. Once you enter this information, your Blockchain.com account will be ready to go.

Create an account at Blockchain.com

Although Blockchain.com will prompt you and ask for additional information, you do not need to go any further. You do not want to use the exchange services offered, only the private wallet features. The idea here is that by sending the Bitcoin from your Cash App account to a private wallet like Blockchain, you can then freely send it anywhere you like without any problems with Cash App. We do not recommend using the exchange or trading services offered at Blockchain.com, so it is not necessary to provide any more information that the site may ask for like ID or banking details.

The next and most important step here is to record and store your Backup Recovery Phrase. Look in the top right corner of the screen for the small person logo and click it. Then, select “Security.”

Follow the prompt to access your recovery phrase

It is essential that you keep your 12-word backup phrase safe and secure. We highly recommend that you write down or record the phrases offline and on paper. These words are the key to your private wallet and any funds that you may have, so never share this information with anybody else.

Once you have your Bitcoin purchased in Cash App and your Blockchain.com wallet set up and secured, you will want to send the Bitcoin in your Cash App account to your new Blockchain.com wallet.

Go back to Cash App and tap the Money tab on your Cash App home screen. Press on the Bitcoin tile, then the Airplane button, and then choose Send Bitcoin. At this point, you can select how much you'd like to send.

Then, you'll need to copy and paste your receiving address for your Blockchain.com wallet. Log in to your Blockchain.com account and press the “receive” button in the top right-hand corner of the window.

Click the "receive" button towards the top right-hand corner of the page

Next, make sure to select your Bitcoin private wallet in your Blockchain.com account. Sending Bitcoin to the wrong wallet will result in losing your funds forever, so make sure to select BTC.

Click on your BTC or Bitcoin wallet

Once the Bitcoin address is generated, go ahead and copy and paste the address into the field (or scan the QR code) back within your Cash App account in the Send Bitcoin field.

Cash App should ask you to select a speed for the transaction and then click Confirm & Send. Once you send the Bitcoin, you should receive the Bitcoin in your Blockchain.com wallet shortly. Usually, you'll see the funds appear in your Blockchain.com wallet within a few minutes, but the process can take up to an hour or two on occasion if the blockchain is backed up.

Once you have the funds in your Blockchain.com Bitcoin private wallet, go ahead and visit the Cashier section of the online casino you wish to deposit with. Select Bitcoin as your deposit method and then copy the address the casino provides.

An address provided by Bovada to deposit Bitcoin

Click on the “send” tab at the top of the Blockchain.com site. Then, you can choose to scan the QR code or copy and paste the address provided by your casino of choice back into the field provided at Blockchain.com. You'll be able to click “continue” and finalize your crypto deposit.

Cash App Gambling Withdrawals

Once you understand the basic procedure of using a private wallet as an intermediary step, withdrawing your winnings when the time comes should be fairly straightforward. The process will essentially be reversed. First, you'll want to go to the casino site you wish to withdraw from and select Bitcoin as your withdrawal method.

The site will likely ask how much you'd like to withdraw, at which point it will ask you to enter your Bitcoin address. Visit your Blockchain.com Bitcoin private wallet again (just like we did to send our deposit from Cash App to Blockchain).

Click the receive button in the top right-hand corner and then select your Bitcoin private wallet. Go ahead and copy your receiving address and then paste it into the prompt on the casino site where you're requesting a withdrawal.

Once you have the coins in your Blockchain.com wallet, you can choose to send the Bitcoin over to your Cash App so you can sell it for US dollars. Click on the Money tab in your Cash App account, and then press the Bitcoin tile. Scroll down until you see “Your bitcoin address,” and then go ahead and click on it.

Click “Your bitcoin address” in Cash App to see your receiving Bitcoin address

Is Cash App the Best Option?

While Cash App is certainly a reputable and trustworthy application, it does have a lot of limitations. First and foremost, you can only purchase and sell Bitcoin through Cash App. Although Cash App essentially operates as a crypto exchange, it only supports the singular Bitcoin cryptocurrency.

Bitcoin is an excellent coin, but there are many other cryptocurrencies that you may wish to utilize for online gambling, including Tether, Bitcoin Cash, Ethereum, and many more. Because sites like Bovada, BetOnline, and Americas Cardroom accept a wide range of different crypto tokens, using Cash App really reduces your options and may end up costing you money.

As an alternative to utilizing Cash App for online gambling, we would recommend checking out Coinbase. You can get $10 for free by using our sign-up link after you complete $100 in total crypto purchases. In the name of full transparency, we will also receive $10 should you use our link and complete the required purchases.

Coinbase allows users to buy, sell, and trade a wide range of cryptocurrencies like Bitcoin. The advantage to using Coinbase over Cashapp is that you can utilize many other crypto coins, some of which carry lower fees and offer faster transactions, like Litecoin, Bitcoin Cash, and Bitcoin Satoshi Vision.

For more information on how to use Coinbase, please feel free to consult our detailed guides regarding Bitcoin Cash, Bitcoin, or Ethereum.

In addition, you may be able to save on fees by using the “advanced trade” feature at Coinbase. When you are logged in to your Coinbase account you should see the “Trade” tab on the left-hand side as the third item down from the top. Click “Trade” and then you should see “Simple” or ׅ“Advanced” at the top. Go ahead and click “Advanced.”

Click “Advanced” and then select the coin that you wish to buy or sell

Each cryptocurrency listed is paired alongside fiat currencies like the US dollar as well as a few other cryptos that you can trade directly back and forth. For simplicity, let's say we want to buy some Bitcoin.

Select the BTC-USD pairing, and then you'll be brought to the price chart and advanced trading page. Click “Buy” in the top right-hand corner, and then select “Market.” Drag the slider to the amount that you wish to purchase, review the fee, and then click the green “Buy BTC” button.

Be sure to select “Market” for any regular buy or sell

Using this feature will save you a significant amount of money when you buy and sell crypto. We were able to purchase $100 in Bitcoin for only a $0.60 fee. If you were to go ahead and attempt the same dollar amount purchase using the “Simple” trading platform, the fee is almost $4!

Recommended Bitcoin Poker and Gaming Sites

As we have discussed in detail, using cryptocurrency is often the best way to transfer money in and out of online poker and gambling accounts. Once you have a basic understanding of crypto transactions, you'll be ready to choose a casino or poker site and get started.

If you reside in the United States and are looking for additional information about trustworthy online poker sites, please feel free to check out this detailed article covering the best US online poker websites.

If you are more interested in casinos and games of chance like slots or blackjack, then please feel free to check out this page dedicated to the top online casinos for US players. All of the poker sites and casinos that we recommend readily accept Bitcoin, and many of them accept other crypto coins as well.

Frequently Asked Questions

If you have any unanswered questions regarding Cash App or Cash App gambling, please feel free to peruse the frequently asked questions section below.