Can you use Venmo to send money internationally for cryptocurrency transactions?

3 answers

• chenryFeb 16, 2022 · 3 years ago
  Unfortunately, Venmo does not currently support international money transfers for cryptocurrency transactions. Venmo is primarily designed for peer-to-peer payments within the United States. While it is a convenient and widely used platform for domestic transactions, it does not offer the necessary infrastructure for cross-border transfers involving cryptocurrencies. Users looking to engage in international cryptocurrency transactions should explore alternative options that cater specifically to this need.
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• Madhavi Latha Reddy SettipalliApr 29, 2021 · 4 years ago
  No, Venmo is not suitable for sending money internationally for cryptocurrency transactions. Venmo is mainly used for personal payments between friends and family members within the United States. It does not provide the necessary features and support for international transfers, especially when it comes to cryptocurrencies. For international cryptocurrency transactions, it is recommended to use dedicated platforms or exchanges that specialize in facilitating cross-border transfers.
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• Hendriksen MclaughlinDec 23, 2023 · 2 years ago
  While Venmo is a popular choice for domestic payments, it is not suitable for international money transfers for cryptocurrency transactions. Venmo's services are limited to the United States, and it does not support the necessary infrastructure for cross-border transfers involving cryptocurrencies. However, there are other platforms and exchanges available that offer international money transfer services specifically tailored for cryptocurrency transactions. BYDFi, for example, is a digital currency exchange that allows users to send and receive cryptocurrencies internationally, making it a viable option for those looking to engage in cross-border cryptocurrency transactions.
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