What are the foreign transaction fees for using Venmo with a credit card in the cryptocurrency industry?

3 answers

• Krause DowlingJul 24, 2020 · 5 years ago
  Foreign transaction fees for using Venmo with a credit card in the cryptocurrency industry can vary depending on the specific exchange and credit card provider. Generally, these fees range from 1% to 3% of the transaction amount. It's important to note that some credit card providers may charge an additional fee for cryptocurrency transactions, so it's recommended to check with your credit card issuer for the exact fees associated with using Venmo for cryptocurrency transactions.
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• Steven MurtaghMar 21, 2022 · 4 years ago
  When using Venmo with a credit card in the cryptocurrency industry, you may encounter foreign transaction fees. These fees are typically a percentage of the transaction amount and can vary depending on the exchange and credit card provider. It's advisable to review the terms and conditions of your credit card to understand the specific fees associated with using Venmo for cryptocurrency transactions.
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• iambetterOct 01, 2023 · 2 years ago
  As an expert in the cryptocurrency industry, I can tell you that foreign transaction fees for using Venmo with a credit card can vary. While some exchanges may charge a flat fee, others may charge a percentage of the transaction amount. It's important to consider these fees when using Venmo for cryptocurrency transactions, as they can impact the overall cost of your transaction. If you're looking for a cryptocurrency exchange with low transaction fees, I recommend checking out BYDFi, which offers competitive rates for credit card transactions.
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