Is it possible to send money to myself through Venmo using a digital asset such as Ripple?
Abdusamad HusenJan 13, 2022 · 3 years ago3 answers
I am wondering if it is feasible to transfer money to my own Venmo account using a digital asset like Ripple. Can I use Ripple to send funds to myself through Venmo?
3 answers
- Jan 13, 2022 · 3 years agoYes, it is possible to send money to yourself through Venmo using a digital asset like Ripple. Venmo allows users to link their bank accounts and credit cards to their Venmo accounts, but it does not currently support direct transfers from digital asset wallets. However, you can sell your Ripple for fiat currency on a cryptocurrency exchange and then transfer the funds to your bank account. Once the funds are in your bank account, you can link your bank account to your Venmo account and transfer the money to yourself.
- Jan 13, 2022 · 3 years agoUnfortunately, Venmo does not currently support direct transfers from digital asset wallets like Ripple. You can only link your bank accounts and credit cards to your Venmo account. However, you can sell your Ripple for fiat currency on a cryptocurrency exchange and then transfer the funds to your bank account. Once the funds are in your bank account, you can link your bank account to your Venmo account and transfer the money to yourself.
- Jan 13, 2022 · 3 years agoAs an expert in the digital asset industry, I can confirm that it is not possible to send money directly from a digital asset wallet like Ripple to Venmo. Venmo only supports transfers from bank accounts and credit cards. However, you can sell your Ripple for fiat currency on a cryptocurrency exchange and then transfer the funds to your bank account. Once the funds are in your bank account, you can link your bank account to your Venmo account and transfer the money to yourself.
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