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Is Venmo accepted for cryptocurrency transactions in Europe?

avatartlal1983Dec 16, 2021 · 3 years ago3 answers

I'm wondering if Venmo, a popular payment app in the US, can be used for cryptocurrency transactions in Europe. Can I link my Venmo account to a European cryptocurrency exchange and buy/sell cryptocurrencies using Venmo?

Is Venmo accepted for cryptocurrency transactions in Europe?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    No, Venmo is currently only available for use within the United States. It does not support international transactions, including cryptocurrency transactions in Europe. If you're in Europe and want to buy or sell cryptocurrencies, you'll need to use a different payment method or find a European cryptocurrency exchange that accepts Venmo-like payment apps.
  • avatarDec 16, 2021 · 3 years ago
    Unfortunately, Venmo is not accepted for cryptocurrency transactions in Europe. Venmo is primarily focused on domestic transactions within the United States and does not have the necessary infrastructure to support international transactions. However, there are other payment methods and platforms available in Europe that allow for cryptocurrency transactions. It's recommended to explore those options if you're looking to trade cryptocurrencies in Europe.
  • avatarDec 16, 2021 · 3 years ago
    As a representative from BYDFi, a leading cryptocurrency exchange in Europe, I can confirm that Venmo is not accepted for cryptocurrency transactions on our platform. We currently support a range of payment methods, including bank transfers and credit/debit cards, but Venmo is not one of them. However, we are constantly evaluating and adding new payment options to provide more convenience for our users. If you're interested in trading cryptocurrencies in Europe, I would recommend exploring other payment methods that are accepted on our platform.