What are the fees for buying crypto on Venmo?

3 answers

• Dellahi IssamJul 20, 2024 · a year ago
  When buying crypto on Venmo, you'll be charged a fee of 2.3% of the transaction amount. This fee is applied to both buying and selling crypto on the platform. Additionally, Venmo may also charge a spread, which is the difference between the market price and the price you pay. It's important to note that the spread can vary depending on market conditions. Overall, Venmo aims to provide transparent pricing and fees for its users.
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• Turner FaulknerMay 26, 2023 · 2 years ago
  The fees for buying crypto on Venmo are relatively competitive compared to other platforms. Venmo charges a fee of 2.3% for each transaction, which includes both buying and selling crypto. This fee covers the costs associated with processing the transaction and maintaining the platform. While there are no hidden fees, it's worth noting that the price you pay for crypto on Venmo may include a spread, which is the difference between the market price and the price you pay. This spread can vary depending on market conditions.
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• shareeq TpDec 11, 2020 · 5 years ago
  When it comes to buying crypto on Venmo, you'll be charged a fee of 2.3% for each transaction. This fee covers the costs associated with processing the transaction and providing the necessary infrastructure for buying and selling crypto. In addition to the fee, there may be a spread involved, which is the difference between the market price and the price you pay. The spread can vary depending on market conditions. Overall, Venmo aims to offer a convenient and transparent way for users to buy and sell crypto, with competitive fees and pricing.
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