What are the fees associated with transferring crypto through Venmo?

3 answers

• Manusia ManusiaAug 27, 2020 · 6 years ago
  When transferring crypto through Venmo, there are a few fees that you should be aware of. First, Venmo charges a transaction fee of 1.5% for each transfer. This fee is deducted from the total amount of cryptocurrency being transferred. Additionally, there may be network fees associated with the specific cryptocurrency you are transferring. These network fees are required to process the transaction on the blockchain and can vary depending on network congestion and the size of the transaction. It's important to note that Venmo may also charge additional fees for certain types of transactions or if you exceed certain limits. It's always a good idea to review Venmo's fee schedule or contact their customer support for the most up-to-date information.
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• kevin pouponMay 05, 2022 · 4 years ago
  Transferring crypto through Venmo comes with a few fees that you should consider. Venmo charges a transaction fee of 1.5% for each transfer, which is deducted from the total amount of cryptocurrency being sent. In addition to this fee, there may be network fees associated with the specific cryptocurrency you are transferring. These network fees are necessary to process the transaction on the blockchain and can vary depending on the cryptocurrency's network congestion and transaction size. It's worth noting that Venmo may also impose additional fees for certain types of transactions or if you exceed certain limits. To get the most accurate and up-to-date information on fees, it's recommended to check Venmo's fee schedule or reach out to their customer support.
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• Tùng Dương NguyễnJul 01, 2021 · 5 years ago
  When it comes to transferring crypto through Venmo, there are a few fees to keep in mind. Venmo charges a transaction fee of 1.5% for each transfer, which is deducted from the total amount of cryptocurrency being transferred. Additionally, there may be network fees associated with the specific cryptocurrency you are sending. These network fees are necessary to process the transaction on the blockchain and can vary depending on factors such as network congestion and transaction size. It's important to note that Venmo may also have additional fees for certain types of transactions or if you exceed certain limits. For the most accurate and up-to-date information on fees, it's best to consult Venmo's fee schedule or contact their customer support.
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