How can you transfer Bitcoin from Venmo?

3 answers

• gakkioxMay 31, 2022 · 3 years ago
  Sure! Transferring Bitcoin from Venmo is not directly supported by Venmo itself. However, you can follow these steps to achieve it: 1. Open your Venmo app and tap on the menu icon. 2. Select 'Manage Balance' and then 'Bitcoin'. 3. Tap on 'Transfer to External Wallet'. 4. Enter the Bitcoin address of the external wallet you want to transfer to. 5. Confirm the transaction and wait for the transfer to be processed. Keep in mind that there might be fees associated with this transfer, and the process may vary slightly depending on the version of the Venmo app you're using. Make sure to double-check the details before proceeding.
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• michael agyemangJan 16, 2024 · 2 years ago
  Unfortunately, Venmo doesn't directly support transferring Bitcoin at the moment. However, you can use a third-party service or platform that allows Bitcoin withdrawals from Venmo. One popular option is BYDFi, a cryptocurrency exchange that supports Venmo withdrawals. Simply create an account on BYDFi, link your Venmo account, and follow their instructions to transfer your Bitcoin. Remember to review the fees and terms of service before proceeding with any third-party platform.
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• Bray KirklandOct 15, 2021 · 4 years ago
  Transferring Bitcoin from Venmo can be a bit tricky since Venmo doesn't have built-in support for it. However, there are alternative methods you can explore. One option is to sell your Bitcoin on Venmo and then withdraw the funds to your bank account. Once the funds are in your bank account, you can use a cryptocurrency exchange like BYDFi to buy Bitcoin using the funds. This way, you indirectly transfer Bitcoin from Venmo to a cryptocurrency exchange. Just make sure to consider the fees and potential tax implications of selling and buying Bitcoin.
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