What are the fees associated with buying and selling cryptocurrencies on Venmo?

3 answers

• SahanaJan 23, 2021 · 5 years ago
  When buying and selling cryptocurrencies on Venmo, you should be aware of the fees involved. Venmo charges a fee of 2.3% for each transaction, which includes both buying and selling. This fee is calculated based on the total transaction amount, including any fees associated with converting between different cryptocurrencies. It's important to note that these fees may vary depending on the specific cryptocurrency and market conditions. Additionally, Venmo may also charge a small fee for transferring funds to and from your bank account. Overall, it's essential to consider these fees when trading cryptocurrencies on Venmo to ensure you're aware of the costs involved.
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• LiuNov 09, 2023 · 2 years ago
  The fees associated with buying and selling cryptocurrencies on Venmo can vary. Generally, Venmo charges a fee of 2.3% for each transaction, which covers both buying and selling. However, it's important to note that this fee may change depending on the specific cryptocurrency and market conditions. Additionally, Venmo may also charge a small fee for transferring funds to and from your bank account. It's recommended to check Venmo's official website or contact their customer support for the most up-to-date information on fees. By staying informed about the fees, you can make better decisions when buying and selling cryptocurrencies on Venmo.
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• natanchikFeb 19, 2025 · 9 months ago
  When it comes to buying and selling cryptocurrencies on Venmo, there are fees involved. Venmo charges a fee of 2.3% for each transaction, which covers both buying and selling. This fee is calculated based on the total transaction amount, including any fees associated with converting between different cryptocurrencies. It's important to keep in mind that these fees may vary depending on the specific cryptocurrency and market conditions. Additionally, Venmo may also charge a small fee for transferring funds to and from your bank account. If you're considering using Venmo for cryptocurrency transactions, it's crucial to factor in these fees to understand the overall cost of your trades.
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