Cash App vs Swan Bitcoin: Which is Best? [2025]
Key differences
- Swan offers much lower fees than Cash App.
- Cash App supports debit card Bitcoin purchases, while Swan only accepts ACH and wire transfers.
- Swan offers Bitcoin IRAs and educational content, while Cash App focuses on mobile payments.
Cash App vs Swan Bitcoin Fees Calculator
We built this fee calculator to help you compare the fees of Cash App and Swan Bitcoin.
Enter the amount you want to buy and we'll show you the estimated fees for each exchange.
Cash App vs Swan Bitcoin in Comparison
Description
Cash App is a mobile payment service by Block (formerly Square) that offers Bitcoin buying and selling features to US users. As of 2024, it processes $14.7 billion in annual revenue.
Swan is a US-based Bitcoin-only exchange focused on making Bitcoin investing safe & simple.
Supported Countries
Available only in the United States. All users must verify their identity with legal name, date of birth, and SSN to buy Bitcoin. Unverified accounts limited to $1,000 sending/receiving in 30 days. Verified accounts have higher limits and can access Bitcoin trading, stocks, and Cash Card.
United States, Puerto Rico, Guam, Virgin Islands
Supported Cryptocurrencies
Bitcoin only
Bitcoin-only
Fees
- Exchange Fees:
- $0 - $9.99: 3%
- $10 - $100: 2.25%
- $100.01 - $200: 2%
- $200.01 - $1000: 1.75%
- $1000.01 - $2000: 1.5%
- $2000.01 - $3000: 1.25%
- $3000.01 - $5000: 1%
- >$5,000.01: 0.75%
Spread Fee:- 0-1% (varies with market conditions)
- No spread on Auto-Invest, Roundups, or Custom Orders
- Purchasing Fees: 0.99% for all purchases and sales.
- No inactivity, withdrawal, overdraft, custody, or fiat withdrawal fees.
- IRA Fees: Small monthly fee
Payment Methods
Cash App Balance, bank Account, debit card
ACH, Bank Account, Wire Transfer
Do These Exchanges Allow you To Earn Interest on Crypto?
0
No Bitcoin interest earning, but offers Cash Card rewards program with instant savings at selected merchants. Users can activate one offer at a time.
Mobile App Ratings
iOS Rating: 4.8 Official rating from the iOS App Store as of November 18, 2024.
Android Rating: 4.6 Official rating from the Android Play Store as of November 18, 2024.
iOS Rating: 4.8 Official rating from the iOS App Store as of November 18, 2024.
Android Rating: 4.3 Official rating from the Android Play Store as of November 18, 2024.
Storage
Bitcoin custody is managed by Cash App, with the option to withdraw to external wallets. Cash App implements strong security measures including Face ID/Touch ID and PIN protection. Users can set up automatic Bitcoin purchases with direct deposit, choosing their preferred investment percentage with no fees.
Swan encourages users to store their Bitcoin in cold storage. Swan does not charge its users any withdrawal fees.
Have These Exchanges Been Hacked Before?
No reported loss of customer Bitcoin.
Swan Bitcoin was affected by a data breach at HubSpot in March 2022, which also impacted BlockFi, NYDIG, and Circle. The breach involved unauthorized access to user information stored in HubSpot, but internal systems and treasuries were not compromised. Additionally, in August 2022, Swan Bitcoin experienced a data leak due to a phishing attack on its newsletter provider, Klaviyo. This incident led to the exposure of email addresses and some user data, but no evidence of misuse has been found.
Official Site
Exchange Review
No review available
"Cash App makes buying Bitcoin super simple. The instant deposit feature and ability to withdraw to my own wallet make it my go-to choice for small purchases."
- Real user review from iOS App Store, Android Play Store or Trustpilot
No review available
"Stackin' sats with Swan! With Swan you can stack your precious sats and withdraw on a schedule to your cold storage. Swan is about education for its customers and offers a wide variety of articles, podcasts etc in the app. Dashboard allows you to view your total bought, current balance, available sats to withdraw, a smash buy button etc."
- Real user review from iOS App Store, Android Play Store or Trustpilot
Cash App vs Swan Bitcoin Comparison
Fee Structures
Cash App uses tiered percentage-based exchange fees based on purchase size, ranging from 3% for <$10 to 0.75% for >$5,000. It also includes a spread fee of 0–1%, except on recurring buys (Auto-Invest), which are spread-free and fee-free. Swan Bitcoin charges a flat 0.99% fee per purchase/sale with no spread fee.
Feature Set
Cash App offers a mobile app integrated with broader financial services, including instant buy from balance or debit card and fee-free Auto-Invest. Swan Bitcoin provides a full education suite, Bitcoin IRAs, and strong cold storage encouragement.
Geographic Availability
Cash App is only available in the United States, while Swan Bitcoin is available in the United States, Puerto Rico, Guam, and the U.S. Virgin Islands.
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