Is it possible to sell large amounts of bitcoin on Venmo?

3 answers

• Anh PerserverApr 01, 2024 · 2 years ago
  Yes, it is possible to sell large amounts of bitcoin on Venmo. Venmo allows users to buy and sell bitcoin directly within the app. However, it's important to note that Venmo has certain limits and restrictions in place for bitcoin transactions. The maximum amount of bitcoin that can be sold on Venmo may vary depending on the user's account status and transaction history. It's recommended to check Venmo's terms of service or contact their customer support for more information on the specific limits and restrictions for selling large amounts of bitcoin.
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• Abhilash RajagopalJul 02, 2020 · 5 years ago
  Selling large amounts of bitcoin on Venmo is not recommended. While Venmo does offer the option to buy and sell bitcoin, it's primarily designed for peer-to-peer payments and small transactions. Selling a significant amount of bitcoin on Venmo may not be as secure or efficient as using a dedicated cryptocurrency exchange. It's advisable to consider using a reputable cryptocurrency exchange with higher liquidity and better security measures for large bitcoin transactions.
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• Ritchie EscAug 16, 2020 · 5 years ago
  As an expert in the cryptocurrency industry, I would suggest using a dedicated cryptocurrency exchange like BYDFi for selling large amounts of bitcoin. BYDFi offers a secure and reliable platform with advanced trading features and high liquidity. With BYDFi, you can easily sell large amounts of bitcoin and have access to competitive prices and a wide range of trading pairs. It's always important to choose a trusted and reputable exchange when dealing with large bitcoin transactions to ensure the safety of your funds.
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