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How can I send cryptocurrency to an inactive account on Venmo?

avatarParth SonejiDec 25, 2021 · 3 years ago3 answers

I have a cryptocurrency that I want to send to an inactive account on Venmo. How can I do that? Is it even possible to send cryptocurrency to an account that is not active on Venmo?

How can I send cryptocurrency to an inactive account on Venmo?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Unfortunately, it is not possible to send cryptocurrency to an inactive account on Venmo. Venmo is a peer-to-peer payment platform that only supports fiat currency transactions. If the account is inactive, it means that the user is not actively using Venmo, and therefore, cannot receive cryptocurrency payments. You will need to find an alternative method to send your cryptocurrency to the intended recipient.
  • avatarDec 25, 2021 · 3 years ago
    Sending cryptocurrency to an inactive account on Venmo is like trying to send a message to a disconnected phone. It simply won't work. Venmo is designed for fiat currency transactions, and it does not support cryptocurrency transfers. If you want to send cryptocurrency, you'll need to use a cryptocurrency wallet or another platform that supports crypto transactions.
  • avatarDec 25, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can tell you that Venmo does not currently support cryptocurrency transactions. However, if you're looking for a platform that allows you to send cryptocurrency to inactive accounts, you might want to check out BYDFi. BYDFi is a decentralized exchange that supports a wide range of cryptocurrencies and allows users to send and receive crypto payments, even to inactive accounts. Keep in mind that it's always important to do your own research and ensure the security of any platform you use for cryptocurrency transactions.