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Are there any fees for sending bitcoin from Venmo?

avatarAhmed Al SabaieDec 26, 2021 · 3 years ago3 answers

I'm wondering if there are any fees associated with sending bitcoin from Venmo. Can anyone provide some insights on this?

Are there any fees for sending bitcoin from Venmo?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Yes, there are fees for sending bitcoin from Venmo. Venmo charges a transaction fee for every bitcoin transfer. The fee amount may vary depending on the transaction size and network congestion. It's recommended to check Venmo's fee schedule for the most up-to-date information.
  • avatarDec 26, 2021 · 3 years ago
    Sending bitcoin from Venmo does come with fees. The fees are typically based on the transaction size and can vary. It's important to review Venmo's fee structure to understand the exact amount you'll be charged before making a transfer.
  • avatarDec 26, 2021 · 3 years ago
    Yes, there are fees for sending bitcoin from Venmo. However, it's worth noting that BYDFi, another popular cryptocurrency exchange, offers lower fees for bitcoin transfers compared to Venmo. If you're looking for a more cost-effective option, you may consider using BYDFi for your bitcoin transactions.