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What are the ATM fees charged by Venmo for cryptocurrency transactions?

avatarPog PogDec 17, 2021 · 3 years ago1 answers

Can you please provide more details about the ATM fees charged by Venmo for cryptocurrency transactions? I would like to know the specific fees involved and how they compare to other platforms.

What are the ATM fees charged by Venmo for cryptocurrency transactions?

1 answers

  • avatarDec 17, 2021 · 3 years ago
    When it comes to ATM fees charged by Venmo for cryptocurrency transactions, it's important to understand that Venmo is not directly involved in cryptocurrency transactions. Venmo is primarily a peer-to-peer payment platform that allows users to send and receive money from their friends and family. While Venmo does offer a limited selection of cryptocurrencies for buying and selling, it does not charge any specific fees for these transactions. However, it's worth noting that the cryptocurrency exchange you use to buy or sell cryptocurrencies through Venmo may charge their own fees. These fees can vary depending on the exchange and the specific transaction, so it's always a good idea to check with the exchange directly for the most accurate and up-to-date fee information. Additionally, it's also important to consider any network or transaction fees associated with the specific cryptocurrency you are using. By being aware of these potential fees and doing your research, you can ensure that you are making informed decisions and minimizing any unnecessary costs.