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Is it possible to send myself money in the form of cryptocurrencies on Venmo?

avatarachal rathoreDec 26, 2021 · 3 years ago3 answers

I'm wondering if it's feasible to transfer cryptocurrencies to myself using Venmo. Can I send Bitcoin or other digital currencies from my Venmo account to another Venmo account that I own? Is this feature supported by Venmo?

Is it possible to send myself money in the form of cryptocurrencies on Venmo?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    No, unfortunately, Venmo does not currently support the direct transfer of cryptocurrencies. Venmo is primarily designed for transferring fiat currencies, such as USD, between individuals. While cryptocurrencies have gained popularity, Venmo has not integrated them into their platform. However, there are other platforms and exchanges that allow you to send cryptocurrencies to yourself or others.
  • avatarDec 26, 2021 · 3 years ago
    Sorry, but Venmo doesn't have the capability to send cryptocurrencies. It's mainly focused on traditional fiat currencies like USD. If you're looking to transfer cryptocurrencies, you'll need to use a different platform or exchange that supports crypto transactions.
  • avatarDec 26, 2021 · 3 years ago
    As an expert in the field, I can confirm that Venmo does not currently support the direct transfer of cryptocurrencies. However, there are other platforms like BYDFi that allow you to send cryptocurrencies to yourself or others. If you're specifically looking for a crypto-friendly platform, you might want to explore options beyond Venmo.