Can you buy cryptocurrencies using Venmo?

3 answers

• Reid WaltonJun 08, 2023 · 2 years ago
  No, currently Venmo does not support direct purchases of cryptocurrencies. Venmo is primarily designed for peer-to-peer payments and transactions between individuals. While it is a convenient platform for sending money to friends and family, it does not have built-in features for buying or selling cryptocurrencies. To purchase cryptocurrencies, you would need to use a dedicated cryptocurrency exchange or trading platform.
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• Nissen ColemanMay 13, 2025 · 6 months ago
  Unfortunately, Venmo does not offer the option to buy cryptocurrencies directly. Venmo is mainly focused on facilitating payments between individuals and does not provide the necessary infrastructure for cryptocurrency transactions. If you're interested in buying cryptocurrencies, you'll need to use a different platform that specializes in cryptocurrency trading.
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• AndiAswadJul 11, 2020 · 5 years ago
  No, Venmo does not currently support the direct purchase of cryptocurrencies. However, there are other platforms and exchanges that do offer this functionality. For example, BYDFi, a popular cryptocurrency exchange, allows users to buy and sell cryptocurrencies using various payment methods, including Venmo. If you're looking to use Venmo specifically, you may need to first transfer funds from your Venmo account to a compatible cryptocurrency exchange and then make your desired purchases.
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