What are the fees involved in buying BTC with Venmo?

3 answers

• houssamAug 02, 2022 · 3 years ago
  When buying Bitcoin with Venmo, you may encounter several types of fees. First, Venmo itself charges a fee for certain transactions, such as instant transfers. This fee can range from 1% to 3% of the transaction amount. Additionally, when using Venmo to purchase Bitcoin, you may also incur fees from the cryptocurrency exchange or platform you're using. These fees can vary depending on the exchange and the specific transaction type, such as market orders or limit orders. It's important to carefully review the fee structure of the exchange or platform you're using to understand the exact fees involved in buying BTC with Venmo.
  632

  316
• maaaria vanApr 27, 2024 · 2 years ago
  Buying Bitcoin with Venmo can come with various fees. Venmo charges a fee for certain transactions, and this fee can range from 1% to 3% of the transaction amount. Additionally, the cryptocurrency exchange or platform you use may also have its own fees. These fees can vary depending on the exchange and the type of transaction you're making. It's important to consider these fees when buying BTC with Venmo to ensure you're aware of the total cost involved.
  458

  153
• lisaAug 16, 2024 · a year ago
  When it comes to buying Bitcoin with Venmo, the fees can vary. Venmo itself charges a fee for certain transactions, which can be anywhere from 1% to 3% of the transaction amount. On top of that, the cryptocurrency exchange or platform you choose to use may also have its own fees. These fees can differ depending on the exchange and the type of transaction you're making. It's crucial to do your research and compare the fees across different exchanges to find the most cost-effective option for buying BTC with Venmo.
  518

  130