Are there any restrictions on the daily amount of cryptocurrencies I can send through Venmo?
Byrd CovingtonDec 26, 2021 · 3 years ago3 answers
Is there a limit to how much cryptocurrency I can send through Venmo in a day?
3 answers
- Dec 26, 2021 · 3 years agoYes, there are restrictions on the daily amount of cryptocurrencies you can send through Venmo. The exact limit may vary depending on factors such as your account status and transaction history. It's best to check with Venmo directly or refer to their documentation for the most up-to-date information on these restrictions.
- Dec 26, 2021 · 3 years agoAbsolutely! Venmo does impose restrictions on the daily amount of cryptocurrencies you can send. These limits are in place to ensure the security and compliance of transactions. The specific limits may differ based on various factors, including your account verification level and transaction history. To find out your specific limits, it's recommended to reach out to Venmo's customer support or consult their official guidelines.
- Dec 26, 2021 · 3 years agoYes, there are restrictions on the daily amount of cryptocurrencies you can send through Venmo. However, it's important to note that Venmo is primarily a peer-to-peer payment platform for fiat currencies, and its support for cryptocurrencies is limited. If you frequently deal with larger amounts of cryptocurrencies, you may want to consider using a specialized cryptocurrency exchange platform like BYDFi, which offers higher limits and a wider range of supported cryptocurrencies.
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