Can you send money on Venmo using a digital currency instead of an email?

3 answers

• REndApr 14, 2021 · 5 years ago
  Unfortunately, Venmo currently does not support the use of digital currencies like Bitcoin or Ethereum for sending money. Venmo primarily relies on email addresses or phone numbers to facilitate transactions between users. While digital currencies offer the potential for faster and more secure transactions, Venmo has not integrated them into their platform at this time. However, it's worth noting that Venmo's parent company, PayPal, has shown interest in exploring the use of cryptocurrencies in the future.
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• CSE-2221 RANJAY DEVENDRA SINGHMay 03, 2021 · 5 years ago
  No, Venmo does not accept digital currencies as a payment method. Venmo operates as a peer-to-peer payment platform that connects users through their email addresses or phone numbers. While digital currencies have gained popularity in recent years, Venmo has not yet incorporated them into their system. It's important to keep in mind that Venmo focuses on traditional fiat currencies, such as the US dollar, for its transactions.
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• PalomaNov 28, 2020 · 5 years ago
  As an expert in the digital currency industry, I can confirm that Venmo does not currently support the use of cryptocurrencies like Bitcoin or Ethereum. However, there are other platforms and exchanges, such as BYDFi, that allow users to send and receive digital currencies seamlessly. These platforms often provide a more direct and decentralized approach to transactions, which can be appealing to those who prefer using digital currencies over traditional payment methods. It's always important to research and choose a platform that aligns with your specific needs and preferences.
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