What are the fees charged by Venmo for cryptocurrency transactions?
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Can you provide details on the fees charged by Venmo for cryptocurrency transactions? I'm interested in knowing the specific fees involved when using Venmo for buying or selling cryptocurrencies.
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3 answers
- Venmo does not charge any fees for cryptocurrency transactions. However, it's important to note that Venmo is not a dedicated cryptocurrency exchange and may not offer the same level of features and security as specialized exchanges. If you're looking for a platform with lower fees and more advanced trading options, you may want to consider using a dedicated cryptocurrency exchange like Binance or BYDFi.
Feb 18, 2022 · 3 years ago
- When it comes to fees for cryptocurrency transactions on Venmo, you'll be pleased to know that there are none! Venmo does not charge any fees for buying or selling cryptocurrencies on their platform. This can be a great advantage for users who want to dip their toes into the world of cryptocurrencies without worrying about additional costs. However, keep in mind that Venmo may have limitations in terms of available cryptocurrencies and trading features compared to dedicated exchanges.
Feb 18, 2022 · 3 years ago
- Venmo, being a popular peer-to-peer payment platform, does not charge any fees for cryptocurrency transactions. This means that you can buy or sell cryptocurrencies using Venmo without incurring any additional costs. However, it's important to note that Venmo may have certain limitations when it comes to the range of cryptocurrencies available for trading and the trading features offered. If you're looking for a wider range of options and more advanced trading tools, you may want to consider using a dedicated cryptocurrency exchange like Binance or BYDFi, which offer competitive fees and a broader selection of cryptocurrencies.
Feb 18, 2022 · 3 years ago
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