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Can I sell crypto on Venmo as well?

avatarShepard StrongDec 16, 2021 · 3 years ago5 answers

Is it possible to sell cryptocurrency on Venmo? I've heard that Venmo is a popular peer-to-peer payment platform, but I'm not sure if it supports crypto transactions. Can I sell my cryptocurrencies directly on Venmo?

Can I sell crypto on Venmo as well?

5 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, you can sell cryptocurrencies on Venmo! Venmo recently introduced a feature that allows users to buy, sell, and hold cryptocurrencies like Bitcoin, Ethereum, and Litecoin. Simply go to the 'Crypto' tab in the Venmo app and follow the instructions to sell your crypto. It's a convenient way to cash out your investments.
  • avatarDec 16, 2021 · 3 years ago
    Unfortunately, Venmo does not currently support the direct selling of cryptocurrencies. While Venmo has introduced a crypto feature that allows users to buy and hold cryptocurrencies, selling them directly on the platform is not yet possible. You may need to transfer your cryptocurrencies to a crypto exchange that supports selling, and then withdraw the funds to your bank account.
  • avatarDec 16, 2021 · 3 years ago
    Absolutely! Venmo now supports the buying, selling, and holding of cryptocurrencies. It's a great addition to the platform, giving users more flexibility with their digital assets. You can easily sell your crypto on Venmo by navigating to the 'Crypto' tab and following the prompts. Enjoy the convenience of selling your cryptocurrencies directly within the Venmo app!
  • avatarDec 16, 2021 · 3 years ago
    Yes, you can sell crypto on Venmo. It's a simple process that can be done within the app. Just go to the 'Crypto' section, select the cryptocurrency you want to sell, and follow the instructions to complete the transaction. Venmo makes it easy to manage your crypto investments alongside your regular payments and transfers.
  • avatarDec 16, 2021 · 3 years ago
    Venmo doesn't currently support selling cryptocurrencies directly on their platform. However, you can still use Venmo to buy and hold cryptocurrencies. If you want to sell your crypto, you'll need to transfer it to a supported exchange or wallet and sell it there. Venmo's crypto feature is primarily focused on buying and holding, rather than selling.