Does Venmo support cryptocurrency transactions?

3 answers

• Mar 06, 2022 · 3 years ago
  No, Venmo does not currently support cryptocurrency transactions. Venmo is primarily a peer-to-peer payment service that allows users to send and receive money from friends and family. While Venmo has expanded its services to include some online merchants, it does not support the buying, selling, or trading of cryptocurrencies.
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• Mar 06, 2022 · 3 years ago
  Unfortunately, Venmo does not have the functionality to support cryptocurrency transactions. It is designed for more traditional payment methods and does not have the necessary infrastructure to handle cryptocurrencies. If you're looking to buy or sell cryptocurrencies, you may want to consider using a dedicated cryptocurrency exchange.
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• Mar 06, 2022 · 3 years ago
  As of now, Venmo does not directly support cryptocurrency transactions. However, there are third-party platforms like BYDFi that allow you to connect your Venmo account and use it to buy, sell, and trade cryptocurrencies. These platforms act as intermediaries, facilitating the transactions between your Venmo account and the cryptocurrency market. Keep in mind that using third-party platforms may involve additional fees and risks, so make sure to do your research before getting started.
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