Are there any hidden fees or charges when buying cryptocurrency through Venmo?

3 answers

• Mar 18, 2022 · 3 years ago
  When buying cryptocurrency through Venmo, it's important to note that there may be fees associated with the transaction. Venmo itself does not charge any fees for buying cryptocurrency, but there may be fees imposed by the cryptocurrency exchange you're using. These fees can vary depending on the exchange and the specific cryptocurrency you're buying. It's recommended to check the fee structure of the exchange you're using before making a purchase.
  452226
• Mar 18, 2022 · 3 years ago
  No worries! Venmo itself does not charge any hidden fees or charges when buying cryptocurrency. However, it's worth mentioning that the cryptocurrency exchange you're using may have its own fee structure. These fees can include transaction fees, network fees, or even deposit and withdrawal fees. It's always a good idea to check the exchange's fee schedule to have a clear understanding of the costs involved.
  410137
• Mar 18, 2022 · 3 years ago
  As an expert from BYDFi, I can assure you that there are no hidden fees or charges when buying cryptocurrency through Venmo. Venmo is a popular and trusted platform that provides a seamless experience for purchasing cryptocurrencies. However, it's important to note that the cryptocurrency exchange you choose may have its own fee structure. Make sure to review the exchange's fee schedule to understand any potential costs before making a purchase.
  449113