Robinhood vs Cash App: Which is Best? [2025]

Robinhood

Popular and well-known exchange based in the USA. Buy & trade with ACH transfers. Also offers ETFs like IBIT & FBTC.

Cash App

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.

Robinhood

Only available in the United States, US Virgin Islands, Puerto Rico, and District of Columbia. Licensed by FinCEN and regulated as a broker-dealer by the SEC.

Cash App

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.

Robinhood

Over 20 cryptocurrencies available for trading including BTC, ETH, DOGE, SHIB, SOL, ADA, AVAX, LINK, XRP, LTC, BCH, COMP, AAVE, UNI, XLM and more.

Cash App

Bitcoin only

Robinhood

• Features:
• No commission crypto trading
• Minimum purchase of $1
• Instant deposits up to $1,000 (Instant account)
• Instant deposits up to Gold tier amount (Gold account)

Cash App

• 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

Robinhood

ACH, Debit Card, Bank Account, Wire Transfer

Cash App

Cash App Balance, bank Account, debit card

Cash App

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.

Robinhood

iOS Rating: 4.2 Official rating from the iOS App Store as of November 18, 2024.

Android Rating: 4.2 Official rating from the Android Play Store as of November 18, 2024.

Cash App

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.

Robinhood

Cryptocurrencies are stored using a combination of cold (offline) and hot (online) storage, with the majority held in cold storage for enhanced security. Users can withdraw cryptocurrencies to their own wallets. The platform employs industry-leading security measures and regular audits. Crypto assets are not FDIC insured or protected by SIPC.

Cash App

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.

Robinhood

No. However, in November 2021, Robinhood reported a data breach affecting approximately 7 million customers. Prior to this, in July 2019, the company admitted to storing some users' passwords in plaintext. The company has also acknowledged occasional small-scale account compromises.

Cash App

No reported loss of customer Bitcoin.

Robinhood

robinhood.com

Cash App

cash.app

Robinhood

No review available

"Good app! Relatively new to the crypto world, I've tried about 8-9 different wallets and Robinhood has been my favorite so far. Their interface is outstanding; you're able to see Live market data for current crypto prices; you can view returns by total returns or 24 hours, either by dollar amount or percentage. The buying process is instantaneous. The only improvement I'd like to see is hopefully they will adopt ALL ISO20022 compliant crypto. 🚀 💯"
- Real user review from iOS App Store, Android Play Store or Trustpilot

Cash App

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