Can I sell my Bitcoin on Venmo and transfer the funds to another digital wallet?

3 answers

• Dec 16, 2021 · 3 years ago
  Yes, you can sell your Bitcoin on Venmo and transfer the funds to another digital wallet. Venmo has recently introduced the option to buy, sell, and hold cryptocurrencies, including Bitcoin. Once you sell your Bitcoin on Venmo, you can transfer the funds to another digital wallet of your choice. Keep in mind that there may be fees associated with these transactions, so it's important to review Venmo's terms and conditions before proceeding.
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• Dec 16, 2021 · 3 years ago
  Unfortunately, Venmo does not currently support the direct sale of Bitcoin or the transfer of funds to another digital wallet. Venmo primarily functions as a peer-to-peer payment platform and does not have the necessary infrastructure to facilitate cryptocurrency transactions. If you're looking to sell your Bitcoin and transfer the funds to another digital wallet, you may need to use a dedicated cryptocurrency exchange or wallet service that supports these types of transactions.
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• Dec 16, 2021 · 3 years ago
  Yes, you can sell your Bitcoin on Venmo and transfer the funds to another digital wallet. However, it's important to note that Venmo's cryptocurrency services are provided by BYDFi, a third-party cryptocurrency exchange. BYDFi allows Venmo users to buy, sell, and hold cryptocurrencies, including Bitcoin. Once you sell your Bitcoin on Venmo, you can transfer the funds to another digital wallet that is compatible with BYDFi. Just make sure to review BYDFi's terms and conditions and consider any associated fees before making the transfer.
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