How can I send money from Venmo using cryptocurrency?

3 answers

• Feb 19, 2022 · 3 years ago
  Sure! Sending money from Venmo using cryptocurrency is not currently supported directly within the Venmo app. However, you can use a third-party service or platform that allows you to convert your cryptocurrency into fiat currency and then transfer it to your Venmo account. Here's a step-by-step guide: 1. Find a reputable cryptocurrency exchange that supports fiat withdrawals. 2. Create an account on the exchange and complete the necessary verification process. 3. Deposit your cryptocurrency into the exchange. 4. Convert your cryptocurrency into a fiat currency supported by Venmo, such as USD. 5. Withdraw the fiat currency from the exchange to your bank account. 6. Transfer the funds from your bank account to your Venmo account. Keep in mind that this process may involve fees and additional steps, so make sure to research and choose a reliable exchange and follow their instructions carefully.
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• Feb 19, 2022 · 3 years ago
  Sending money from Venmo using cryptocurrency is not currently available within the Venmo app. However, you can still transfer funds from your cryptocurrency holdings to your Venmo account through a third-party service. To do this, you'll need to find a cryptocurrency exchange that supports fiat withdrawals and offers a way to transfer funds to Venmo. Once you've found a suitable exchange, you'll need to follow their instructions for converting your cryptocurrency into fiat currency and transferring it to your Venmo account. Keep in mind that this process may involve additional fees and may take some time to complete.
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• Feb 19, 2022 · 3 years ago
  While Venmo does not directly support sending money using cryptocurrency, you can still transfer funds from your cryptocurrency holdings to your Venmo account through a third-party service like BYDFi. BYDFi is a cryptocurrency exchange that allows you to convert your cryptocurrency into fiat currency and transfer it to your Venmo account. To send money from Venmo using cryptocurrency, you'll need to create an account on BYDFi, deposit your cryptocurrency, convert it into fiat currency, and then transfer the funds to your Venmo account. Keep in mind that fees and processing times may apply.
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