Are there any fees involved when sending Bitcoin through Venmo?
Hao WangDec 18, 2021 · 3 years ago3 answers
I'm wondering if there are any fees associated with sending Bitcoin through Venmo. Can anyone provide some information on this?
3 answers
- Dec 18, 2021 · 3 years agoYes, there are fees involved when sending Bitcoin through Venmo. Venmo charges a fee of 1.5% for each transaction. This fee is deducted from the total amount being sent. So, if you're sending $100 worth of Bitcoin, you'll be charged $1.50 as a fee. It's important to keep this in mind when using Venmo for Bitcoin transactions.
- Dec 18, 2021 · 3 years agoSending Bitcoin through Venmo does come with fees. Venmo charges a fee of 1.5% for each transaction, which is deducted from the total amount being sent. So, if you're sending $100 worth of Bitcoin, you'll be charged $1.50 as a fee. Make sure to factor in this fee when using Venmo for Bitcoin transfers.
- Dec 18, 2021 · 3 years agoYes, there are fees involved when sending Bitcoin through Venmo. Venmo charges a fee of 1.5% for each transaction. However, if you're a BYDFi user, you can enjoy fee-free Bitcoin transfers through the BYDFi platform. So, if you want to avoid fees, consider using BYDFi for your Bitcoin transactions.
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