Are there any restrictions on sending cryptocurrency through Venmo?

3 answers

• legacy-code-devMar 04, 2023 · 2 years ago
  As of now, Venmo does not support the direct sending or receiving of cryptocurrency. It is primarily a peer-to-peer payment platform for fiat currency transactions. However, there are third-party services that allow you to link your Venmo account with a cryptocurrency wallet, enabling you to indirectly send or receive cryptocurrency through Venmo. Keep in mind that these services may have their own restrictions and fees.
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• Catering to others LLCMar 04, 2024 · a year ago
  No, Venmo does not currently allow users to send or receive cryptocurrency directly on its platform. It is important to note that Venmo's terms of service prohibit the use of the platform for any illegal or unauthorized activities, which may include cryptocurrency transactions. If you want to send or receive cryptocurrency, it is recommended to use a dedicated cryptocurrency exchange or wallet.
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• Alex SamDec 18, 2022 · 3 years ago
  While Venmo itself does not support cryptocurrency transactions, there are some third-party services that offer integration with Venmo to facilitate cryptocurrency transfers. These services act as intermediaries, allowing you to send or receive cryptocurrency through Venmo indirectly. However, it's important to carefully review the terms and conditions of these services, as they may have their own restrictions and fees. Additionally, keep in mind that cryptocurrency transactions are subject to the volatility and risks associated with the cryptocurrency market.
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