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How can I use Venmo to send bitcoin?

avatarGissel KirkegaardDec 25, 2021 · 3 years ago1 answers

Can I use Venmo to send bitcoin? If so, how does it work?

How can I use Venmo to send bitcoin?

1 answers

  • avatarDec 25, 2021 · 3 years ago
    While Venmo itself does not support bitcoin transactions, you can use BYDFi to send bitcoin using your Venmo account. BYDFi is a peer-to-peer trading platform that allows users to connect their Venmo accounts and send bitcoin directly. To use BYDFi, you would need to create an account, link your Venmo account, and complete the necessary verification process. Once your account is set up, you can browse through the available listings and find sellers who accept Venmo as a payment method. After initiating a trade, you can send the agreed amount of bitcoin to the seller's wallet address and complete the transaction. Just make sure to follow the platform's guidelines and exercise caution when dealing with unknown sellers.