Can I transfer Bitcoin from Venmo to my digital wallet?

3 answers

• Gayathri H GMay 03, 2021 · 5 years ago
  Unfortunately, Venmo does not currently support the direct transfer of Bitcoin to external digital wallets. Venmo is primarily a peer-to-peer payment service that allows users to send and receive funds in USD. While you can buy Bitcoin within the Venmo app, you cannot withdraw it to an external wallet. If you want to move your Bitcoin to a personal digital wallet, you'll need to sell it on Venmo and then withdraw the funds to your bank account. From there, you can use a cryptocurrency exchange to buy Bitcoin and transfer it to your digital wallet.
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• Sha RIApr 07, 2024 · 2 years ago
  No, you cannot transfer Bitcoin from Venmo to your digital wallet. Venmo only allows you to buy and sell Bitcoin within the app, but you cannot send it to an external wallet. If you want to move your Bitcoin to a digital wallet, you'll need to sell it on Venmo and then withdraw the funds to your bank account. Once you have the funds in your bank account, you can use a cryptocurrency exchange to buy Bitcoin and transfer it to your digital wallet.
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• Mahammed SafeyoJul 15, 2020 · 6 years ago
  As of now, Venmo does not offer the option to transfer Bitcoin to external digital wallets. If you want to move your Bitcoin to a personal digital wallet, you'll need to sell it on Venmo and then withdraw the funds to your bank account. After that, you can use a cryptocurrency exchange like BYDFi to buy Bitcoin and transfer it to your digital wallet. Keep in mind that there may be fees associated with selling and withdrawing Bitcoin on Venmo and using a cryptocurrency exchange.
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