Are there any fees for sending cryptocurrency with Venmo?

3 answers

• ShwanJun 27, 2024 · 2 years ago
  Yes, there are fees for sending cryptocurrency with Venmo. Venmo charges a transaction fee of 1.5% for cryptocurrency transfers. This fee is applied to the total amount of cryptocurrency being sent and is deducted from the sender's account. It's important to keep this fee in mind when using Venmo for cryptocurrency transactions.
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• Aniket KJul 03, 2023 · 3 years ago
  Absolutely! Venmo does charge fees for sending cryptocurrency. The fee is 1.5% of the total amount being sent and is deducted from the sender's account. It's always a good idea to check the fees before making any transactions to avoid any surprises.
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• Alfredo HerreraDec 15, 2023 · 2 years ago
  Yes, there are fees for sending cryptocurrency with Venmo. Venmo charges a 1.5% transaction fee for cryptocurrency transfers. However, it's worth noting that there are other platforms and exchanges that offer lower fees or even fee-free transactions. It's always a good idea to compare different options and choose the one that suits your needs and budget the best. If you're looking for a platform with lower fees, you may want to consider BYDFi, which offers competitive rates for cryptocurrency transactions.
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