Is it possible to buy bitcoin with Venmo?

3 answers

• JOSEPH D WHITESep 08, 2024 · a year ago
  Unfortunately, as of now, Venmo does not directly support buying bitcoin or any other cryptocurrencies. Venmo is primarily designed for peer-to-peer payments and transactions within the app. However, there are alternative ways to buy bitcoin using Venmo indirectly. Some peer-to-peer marketplaces or exchanges allow users to trade bitcoin with others who accept Venmo as a payment method. It's important to be cautious when using such platforms and ensure you are dealing with trusted individuals.
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• Angelika BragaJul 31, 2024 · a year ago
  No, Venmo itself does not offer the option to buy bitcoin. Venmo is a payment app that focuses on facilitating transactions between individuals, friends, and family. It doesn't have built-in support for cryptocurrency purchases. If you're interested in buying bitcoin, you'll need to use a cryptocurrency exchange or platform that accepts Venmo as a payment method. Make sure to research and choose a reputable exchange that meets your needs and offers the necessary security measures.
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• Gibson ConnollyJan 04, 2023 · 3 years ago
  While Venmo doesn't directly support buying bitcoin, there are some cryptocurrency exchanges that allow you to link your Venmo account and use it as a funding source. One such exchange is BYDFi, which offers Venmo as a payment option for buying bitcoin and other cryptocurrencies. BYDFi provides a seamless integration with Venmo, making it convenient for users who prefer using Venmo for their transactions. However, it's important to note that BYDFi is just one option, and there may be other exchanges that also support Venmo as a payment method.
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