Are there any limitations or restrictions when sending bitcoin on Venmo?

3 answers

• Mahesh ShounolAug 13, 2020 · 5 years ago
  When sending bitcoin on Venmo, there are a few limitations and restrictions to keep in mind. First, Venmo only supports the buying, selling, and holding of bitcoin within the app. You cannot send bitcoin to external wallets or use it for transactions outside of Venmo. Additionally, there may be limits on the amount of bitcoin you can buy or sell within a certain time period. These limits are usually based on factors such as your account verification level and transaction history. It's important to check Venmo's terms and conditions or contact their customer support for specific details on these limitations.
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• Raghavan SDec 15, 2022 · 3 years ago
  Sending bitcoin on Venmo is subject to certain restrictions. While you can buy, sell, and hold bitcoin within the app, you cannot transfer it to external wallets or use it for purchases outside of Venmo. This means that you can only use bitcoin within the Venmo ecosystem. Additionally, there may be limits on the amount of bitcoin you can transact within a given time period. These limits are typically based on factors such as your account verification level and transaction history. To get the most accurate and up-to-date information on these limitations, it's best to refer to Venmo's official documentation or reach out to their customer support.
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• stoAirAug 11, 2024 · a year ago
  When it comes to sending bitcoin on Venmo, there are a few limitations and restrictions to be aware of. Venmo only allows users to buy, sell, and hold bitcoin within the app. You cannot send bitcoin to external wallets or use it for transactions outside of Venmo's platform. Additionally, there may be certain limits on the amount of bitcoin you can transact within a specific time frame. These limits are typically based on factors such as your account verification level and transaction history. It's important to note that these limitations are in place to ensure the security and compliance of the platform. For more detailed information on these restrictions, it's recommended to refer to Venmo's official guidelines or contact their customer support.
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