common-close-0
BYDFi
Trade wherever you are!

What are the steps to deposit cash and convert it to Bitcoin on Venmo?

avatarLucas PereiraDec 19, 2021 · 3 years ago1 answers

Can you guide me through the process of depositing cash and converting it to Bitcoin on Venmo? I'm interested in using Venmo to buy Bitcoin, but I'm not sure how to get started. What are the steps involved?

What are the steps to deposit cash and convert it to Bitcoin on Venmo?

1 answers

  • avatarDec 19, 2021 · 3 years ago
    Absolutely! Here's a step-by-step walkthrough to deposit cash and convert it to Bitcoin on Venmo: 1. Open the Venmo app on your phone. 2. Tap the menu icon (three horizontal lines) in the top-left corner. 3. Scroll down and select 'Manage Balance'. 4. Tap 'Add Money' and choose 'Cash'. 5. Enter the amount of cash you want to deposit. 6. Tap 'Next' and follow the prompts to complete the cash deposit process. 7. Once the cash is deposited, go back to 'Manage Balance'. 8. Tap 'Convert to Bitcoin' and follow the instructions to convert your cash to Bitcoin. That's it! You've successfully deposited cash and converted it to Bitcoin on Venmo. Enjoy your digital assets!