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Can I send Bitcoin on Venmo?

avatarLukas MeierDec 27, 2021 · 3 years ago3 answers

Is it possible to send Bitcoin on Venmo? I heard that Venmo is a popular payment platform, but I'm not sure if it supports Bitcoin transactions. Can I use Venmo to send and receive Bitcoin?

Can I send Bitcoin on Venmo?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    No, Venmo does not currently support Bitcoin transactions. Venmo is primarily used for sending and receiving payments in fiat currency, such as USD. If you want to send Bitcoin, you'll need to use a dedicated cryptocurrency wallet or exchange platform.
  • avatarDec 27, 2021 · 3 years ago
    Unfortunately, Venmo does not have built-in support for Bitcoin transactions. It's designed for peer-to-peer payments in traditional currencies. However, there are other platforms and wallets that allow you to send and receive Bitcoin easily. You can explore options like Coinbase, Binance, or BYDFi for Bitcoin transactions.
  • avatarDec 27, 2021 · 3 years ago
    Venmo is a convenient payment platform, but it does not directly support Bitcoin transactions. However, you can still use Venmo to send money to someone who has a Bitcoin wallet. You can convert your Bitcoin to fiat currency and then send the equivalent amount through Venmo. Just make sure the recipient has a Bitcoin wallet to receive the funds.