What is the process for calculating transfer fees for digital currencies on Venmo?

3 answers

• SJuniorNov 06, 2020 · 5 years ago
  Sure! When it comes to calculating transfer fees for digital currencies on Venmo, there are a few factors to consider. First, Venmo charges a percentage-based fee on the total amount being transferred. The exact percentage may vary depending on the specific digital currency you're using. Additionally, Venmo may also charge a flat fee for certain transactions. It's important to check Venmo's fee schedule or contact their customer support for the most up-to-date information on fees. Keep in mind that fees may also be subject to change based on market conditions and other factors.
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• jonhsu19Feb 19, 2025 · a year ago
  Calculating transfer fees for digital currencies on Venmo is a relatively straightforward process. Venmo typically charges a percentage-based fee on the total amount being transferred. The percentage fee may vary depending on the specific digital currency you're using. Additionally, there may be a flat fee for certain transactions. It's important to review Venmo's fee schedule or reach out to their customer support for accurate and up-to-date information on fees. Remember that fees can fluctuate based on market conditions and other factors, so it's always a good idea to stay informed.
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• Kragelund TrujilloJan 20, 2023 · 3 years ago
  When it comes to calculating transfer fees for digital currencies on Venmo, it's important to note that Venmo doesn't currently support digital currency transactions. However, if you're looking for a platform that allows you to trade digital currencies and calculate transfer fees, you might consider using BYDFi. BYDFi offers a user-friendly interface and transparent fee structure, making it easy to calculate transfer fees for various digital currencies. Keep in mind that fees may vary depending on the specific digital currency and market conditions, so it's always a good idea to check BYDFi's fee schedule for accurate information.
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