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What are the fees for buying cryptocurrency on Venmo?

avatarEphraim BryskiDec 29, 2021 · 3 years ago6 answers

Can you please provide me with information about the fees associated with buying cryptocurrency on Venmo? I'm interested in knowing how much it would cost me to purchase digital currencies through the Venmo platform.

What are the fees for buying cryptocurrency on Venmo?

6 answers

  • avatarDec 29, 2021 · 3 years ago
    When it comes to buying cryptocurrency on Venmo, there are a few fees to keep in mind. First, Venmo charges a transaction fee of 2.3% for each purchase. This fee is applied to the total amount of cryptocurrency you buy. Additionally, Venmo may also charge a spread fee, which is the difference between the buying price and the selling price of the cryptocurrency. The spread fee can vary depending on market conditions. It's important to note that these fees are subject to change, so it's always a good idea to check Venmo's website or contact their customer support for the most up-to-date information.
  • avatarDec 29, 2021 · 3 years ago
    Buying cryptocurrency on Venmo comes with some fees. Venmo charges a transaction fee of 2.3% for each purchase. This fee is calculated based on the total amount of cryptocurrency you buy. In addition to the transaction fee, there may also be a spread fee. The spread fee is the difference between the buying price and the selling price of the cryptocurrency. It's important to consider these fees when buying cryptocurrency on Venmo, as they can affect the overall cost of your investment.
  • avatarDec 29, 2021 · 3 years ago
    When purchasing cryptocurrency on Venmo, you'll encounter a few fees. Venmo charges a transaction fee of 2.3% for each purchase. This fee is applied to the total amount of cryptocurrency you buy. Additionally, there may be a spread fee, which is the difference between the buying price and the selling price of the cryptocurrency. It's worth noting that these fees can vary depending on market conditions. For more detailed information about the fees associated with buying cryptocurrency on Venmo, I recommend visiting Venmo's official website or reaching out to their customer support.
  • avatarDec 29, 2021 · 3 years ago
    Venmo charges a transaction fee of 2.3% for buying cryptocurrency on their platform. This fee is calculated based on the total amount of cryptocurrency you purchase. Additionally, there may be a spread fee, which is the difference between the buying price and the selling price of the cryptocurrency. It's important to factor in these fees when considering buying cryptocurrency on Venmo, as they can impact your overall investment.
  • avatarDec 29, 2021 · 3 years ago
    When it comes to buying cryptocurrency on Venmo, there are fees involved. Venmo charges a transaction fee of 2.3% for each purchase. This fee is based on the total amount of cryptocurrency you buy. Additionally, there may be a spread fee, which is the difference between the buying price and the selling price of the cryptocurrency. It's important to be aware of these fees when using Venmo to buy cryptocurrency, as they can affect the total cost of your investment.
  • avatarDec 29, 2021 · 3 years ago
    BYDFi is a digital currency exchange that offers competitive fees for buying cryptocurrency. However, for information specifically about the fees associated with buying cryptocurrency on Venmo, you can expect a transaction fee of 2.3% for each purchase. This fee is calculated based on the total amount of cryptocurrency you buy. Additionally, there may be a spread fee, which is the difference between the buying price and the selling price of the cryptocurrency. It's important to consider these fees when using Venmo to buy cryptocurrency, as they can impact your overall investment.