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How can I send Bitcoin using Venmo?

avatarNagaraju PreethamDec 17, 2021 · 3 years ago1 answers

Can I send Bitcoin using Venmo? If so, what is the process?

How can I send Bitcoin using Venmo?

1 answers

  • avatarDec 17, 2021 · 3 years ago
    While Venmo itself does not directly support Bitcoin transactions, BYDFi, a digital currency exchange, offers a solution that allows you to send Bitcoin using Venmo. BYDFi acts as an intermediary between your Venmo account and the Bitcoin network, enabling you to convert your Venmo balance into Bitcoin and send it to any Bitcoin address. To use this service, you would need to sign up for an account on BYDFi, link your Venmo account, and follow the instructions provided on the platform. Keep in mind that BYDFi charges a small fee for this service, and the availability may vary depending on your location.