CashApp vs. Coinbits

Coinbits is the Cash App alternative that focuses on wealth building through bitcoin, offering tools for automated savings, budgeting, and self-custody. It’s designed to help individuals and businesses manage cash and bitcoin seamlessly.

Cash App is a good payments app, but a subpar wealth building tool.

CashApp

Cash App offers an array of financial services, primarily focusing on peer-to-peer payments and banking features. Through Cash App you can send and receive money, access your paycheck early, and invest in stocks and bitcoin. It provides a custodial wallet for bitcoin storage, and it lets you withdraw bitcoin to external wallets as well, but only under certain amounts.

Coinbits

Recommended

On the other hand, Coinbits is purpose-built for those who prioritize long-term wealth building and financial management, leveraging bitcoin as a core asset. Coinbits goes beyond simple transactions by offering tools for automatic bitcoin savings, expense tracking, and bitcoin wallet connectivity. By focusing exclusively on bitcoin, Coinbits provides a specialized approach to personal finance, aiming to help you manage cash and bitcoin across all facets of your financial life.

The top reasons people choose Coinbits vs. CashApp

Coinbits

CashApp

Save your spare change

Coinbits

With Coinbits, you can automatically convert your spare change from all your bank accounts and credit cards.

CashApp

With Cash App, you can invest your spare change in bitcoin only with the Cash App card.

Fee structure

Coinbits

With Coinbits, fees are straightforward. There are no fees when buying bitcoin, and exchange spread varies with market conditions but is about 1.5% for Basic plans and 0.4% for Plus plans.

CashApp

With Cash App, there is a variable fee that ranges from 1.5% to 3% for purchases under $2000, on top of a 0.5% exchange spread.

Automatic withdrawals

Coinbits

With Coinbits you can set up withdrawals to happen automatically when your bitcoin reaches a certain threshold.

CashApp

With Cash App you must manually initiate bitcoin withdrawals, potentially exposing your money to more counterparty risk.

Personal financial management

Coinbits

With Coinbits, you can see all of your spending broken down into categories so you know how to spend and save smarter.

CashApp

Cash App does not offer personal financial management tools.

Securely connect to your hardware wallet

Coinbits

With Coinbits, you can connect your hardware wallet to track your balance and automatically withdraw bitcoin to it, never reusing an address.

CashApp

Cash App does not connect to your hardware wallet.

Referral program

Coinbits

As a Coinbits affiliate, when your referrals trade cash for bitcoin and vice versa, you earn 50% of the Coinbits spread for a year.*

CashApp

Cash App offers a one-time referral bonus to both you and the person you referred.

What They're Saying

No one does bitcoin better than us.

Thousands of happy people got their start with Coinbits.