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Are there any fees associated with buying cryptocurrency through Venmo?

avatarFarzam FerydooniDec 17, 2021 · 3 years ago3 answers

Can you tell me if there are any fees that I need to pay when buying cryptocurrency through Venmo? I want to make sure I understand the costs involved before I proceed.

Are there any fees associated with buying cryptocurrency through Venmo?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, there are fees associated with buying cryptocurrency through Venmo. Venmo charges a fee of 1.5% for each transaction. This fee is applied to the total amount of cryptocurrency you purchase. So, if you buy $100 worth of cryptocurrency, you will be charged an additional $1.50 as a fee.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! When you buy cryptocurrency through Venmo, there is a fee involved. Venmo charges a 1.5% fee on the total transaction amount. So, if you buy $100 worth of cryptocurrency, you'll have to pay an extra $1.50 as a fee. It's always a good idea to consider these fees before making any purchase.
  • avatarDec 17, 2021 · 3 years ago
    Yes, there are fees associated with buying cryptocurrency through Venmo. However, at BYDFi, we offer a fee-free option for buying cryptocurrency. With BYDFi, you can buy cryptocurrency through Venmo without any additional fees. It's a great way to save on costs and enjoy the benefits of cryptocurrency trading.