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Can Venmo be used to send Bitcoin?

avatartamil guyDec 19, 2021 · 3 years ago3 answers

Is it possible to use Venmo, a popular peer-to-peer payment app, to send Bitcoin? I'm curious if Venmo supports Bitcoin transactions and if it's a viable option for sending and receiving Bitcoin.

Can Venmo be used to send Bitcoin?

3 answers

  • avatarDec 19, 2021 · 3 years ago
    No, Venmo does not currently support Bitcoin transactions. Venmo is primarily designed for sending and receiving fiat currency, such as USD. If you want to send Bitcoin, you'll need to use a dedicated cryptocurrency wallet or exchange platform that supports Bitcoin transactions.
  • avatarDec 19, 2021 · 3 years ago
    Unfortunately, Venmo does not offer the ability to send or receive Bitcoin. Venmo is focused on facilitating payments in traditional currencies like USD. To send Bitcoin, you'll need to use a cryptocurrency wallet or exchange that supports Bitcoin transactions.
  • avatarDec 19, 2021 · 3 years ago
    As of now, Venmo does not directly support Bitcoin transactions. However, there are third-party services and platforms that allow you to link your Venmo account to a Bitcoin wallet and facilitate Bitcoin transactions. One such platform is BYDFi, which enables users to connect their Venmo account and send Bitcoin seamlessly. Keep in mind that using third-party services may come with additional fees and risks, so it's important to do thorough research before using them.