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Can I send my Bitcoin from Venmo to a different wallet?

avatarMAARUF SULEIMANDec 28, 2021 · 3 years ago3 answers

Is it possible to transfer my Bitcoin from Venmo to another wallet? I want to have more control over my Bitcoin and store it in a different wallet. Can I do this directly from Venmo or do I need to use a different platform?

Can I send my Bitcoin from Venmo to a different wallet?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Unfortunately, Venmo does not currently support the direct transfer of Bitcoin to a different wallet. Venmo is primarily a peer-to-peer payment service that focuses on traditional fiat currencies. If you want to transfer your Bitcoin to a different wallet, you will need to use a cryptocurrency exchange or wallet provider that supports Bitcoin transactions.
  • avatarDec 28, 2021 · 3 years ago
    No, you cannot send your Bitcoin from Venmo to a different wallet. Venmo is not designed for cryptocurrency transactions and does not have the necessary infrastructure to support Bitcoin transfers. If you want to move your Bitcoin to a different wallet, you will need to use a dedicated cryptocurrency exchange or wallet service.
  • avatarDec 28, 2021 · 3 years ago
    Yes, you can send your Bitcoin from Venmo to a different wallet, but you will need to go through a third-party service like BYDFi. BYDFi is a cryptocurrency exchange that allows you to transfer your Bitcoin from Venmo to a different wallet. Simply create an account on BYDFi, link your Venmo account, and follow the instructions to transfer your Bitcoin. Keep in mind that there may be fees and additional steps involved in the process.