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Are there any fees associated with selling cryptocurrencies on Venmo?

avatarIbrahim RebwarDec 28, 2021 · 3 years ago3 answers

I'm interested in selling cryptocurrencies on Venmo, but I'm wondering if there are any fees associated with it. Can you please provide some information on the fees involved in selling cryptocurrencies on Venmo?

Are there any fees associated with selling cryptocurrencies on Venmo?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Yes, there are fees associated with selling cryptocurrencies on Venmo. When you sell cryptocurrencies on Venmo, you may be subject to transaction fees. These fees can vary depending on the specific cryptocurrency you are selling and the amount of the transaction. It's important to note that Venmo may also charge additional fees for certain types of transactions, such as instant transfers or withdrawals to external wallets. It's recommended to review Venmo's fee schedule or contact their customer support for the most up-to-date information on fees.
  • avatarDec 28, 2021 · 3 years ago
    Selling cryptocurrencies on Venmo does come with fees. The fees can vary depending on the type and amount of cryptocurrency you are selling. Venmo may charge transaction fees, which are typically a percentage of the transaction amount. Additionally, there may be additional fees for certain types of transactions, such as instant transfers or withdrawals to external wallets. It's always a good idea to review the fee schedule provided by Venmo or reach out to their customer support for more detailed information on the fees associated with selling cryptocurrencies.
  • avatarDec 28, 2021 · 3 years ago
    Yes, there are fees associated with selling cryptocurrencies on Venmo. Venmo charges a transaction fee of 1.5% for cryptocurrency sales. This fee is deducted from the total amount of the transaction. It's important to note that this fee is subject to change and may vary depending on the specific cryptocurrency and transaction amount. For the most accurate and up-to-date information on fees, it's recommended to visit Venmo's official website or contact their customer support directly.