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Can I sell cryptocurrencies on Venmo as well?

avatarOrozbek AbdumamatovDec 29, 2021 · 3 years ago3 answers

Is it possible to sell cryptocurrencies on Venmo? I'm wondering if I can use Venmo to sell my digital assets like Bitcoin or Ethereum. Can I transfer my cryptocurrencies to Venmo and then sell them directly on the platform?

Can I sell cryptocurrencies on Venmo as well?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Unfortunately, Venmo does not currently support the buying or selling of cryptocurrencies. It is primarily a peer-to-peer payment platform for sending and receiving money between individuals. If you're looking to sell your cryptocurrencies, you may need to use a dedicated cryptocurrency exchange instead.
  • avatarDec 29, 2021 · 3 years ago
    No, Venmo does not have a feature that allows users to sell cryptocurrencies. It is mainly used for transferring funds between individuals. If you want to sell your cryptocurrencies, you should consider using a reputable cryptocurrency exchange that supports selling.
  • avatarDec 29, 2021 · 3 years ago
    As of now, Venmo does not offer the option to sell cryptocurrencies directly on its platform. However, there are other cryptocurrency exchanges available where you can sell your digital assets. One popular option is BYDFi, which allows users to buy and sell a wide range of cryptocurrencies. You can transfer your cryptocurrencies from Venmo to BYDFi and then sell them on the exchange.