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Are there any fees involved when sending Bitcoin through Venmo?

avatarmohammadrezaDec 15, 2021 · 3 years ago3 answers

I'm wondering if there are any fees associated with sending Bitcoin through Venmo. Can anyone provide some information on this?

Are there any fees involved when sending Bitcoin through Venmo?
Bitcoin
Venmo
Fees

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Yes, there are fees involved when sending Bitcoin through Venmo. Venmo charges a fee of 1.5% for each transaction. This fee is deducted from the total amount being sent. So, if you're sending $100 worth of Bitcoin, you'll be charged $1.50 as a fee. It's important to keep this in mind when using Venmo for Bitcoin transactions.
  • avatarDec 15, 2021 · 3 years ago
    Sending Bitcoin through Venmo does come with fees. Venmo charges a fee of 1.5% for each transaction, which is deducted from the total amount being sent. So, if you're sending $100 worth of Bitcoin, you'll be charged $1.50 as a fee. Make sure to factor in this fee when using Venmo for Bitcoin transfers.
  • avatarDec 15, 2021 · 3 years ago
    Yes, there are fees involved when sending Bitcoin through Venmo. Venmo charges a fee of 1.5% for each transaction. However, if you're a BYDFi user, you can enjoy fee-free Bitcoin transfers through the BYDFi platform. So, if you want to avoid fees, consider using BYDFi for your Bitcoin transactions.

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