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How can I send cryptocurrency from Venmo?

avatarPetterson JerniganDec 26, 2021 · 3 years ago5 answers

I want to send cryptocurrency from Venmo. Can you provide me with a step-by-step guide on how to do it?

How can I send cryptocurrency from Venmo?

5 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure! Sending cryptocurrency from Venmo is not directly supported as of now. Venmo is primarily a peer-to-peer payment platform for fiat currencies. However, you can transfer your cryptocurrency from Venmo to a digital wallet that supports the specific cryptocurrency you have. From there, you can send it to another wallet or exchange. Just make sure to double-check the wallet address and network fees before making the transfer.
  • avatarDec 26, 2021 · 3 years ago
    Unfortunately, Venmo doesn't have a built-in feature to send cryptocurrency. But don't worry, there's still a way to do it! You can transfer your cryptocurrency from Venmo to a cryptocurrency exchange that supports the specific cryptocurrency you have. Once it's on the exchange, you can send it to another wallet or trade it for other cryptocurrencies. Just keep in mind that there might be fees involved in the transfer and trading process.
  • avatarDec 26, 2021 · 3 years ago
    As an expert from BYDFi, I can tell you that Venmo doesn't directly support sending cryptocurrency. However, you can use BYDFi as an intermediary. Transfer your cryptocurrency from Venmo to your BYDFi account, and from there, you can send it to any other wallet or exchange. BYDFi provides a seamless and secure platform for cryptocurrency transactions. Just make sure to follow the necessary KYC and security procedures.
  • avatarDec 26, 2021 · 3 years ago
    Sending cryptocurrency from Venmo is not currently available within the Venmo app. However, you can withdraw your cryptocurrency from Venmo to an external wallet that supports the specific cryptocurrency you have. Once it's in your external wallet, you can send it to any other wallet or exchange. Just be cautious of transaction fees and ensure the accuracy of the wallet address.
  • avatarDec 26, 2021 · 3 years ago
    Venmo is primarily designed for fiat currency transactions and doesn't have a direct feature for sending cryptocurrency. To send cryptocurrency, you'll need to transfer it from Venmo to a cryptocurrency wallet or exchange that supports the specific cryptocurrency you have. Once it's in the wallet or exchange, you can send it to another wallet or trade it for other cryptocurrencies. Remember to always double-check the wallet address and be aware of any transaction fees involved.