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How does buying crypto on Venmo work?

avatarFrancis PallesenDec 29, 2021 · 3 years ago1 answers

Can you explain the process of buying cryptocurrency on Venmo in detail?

How does buying crypto on Venmo work?

1 answers

  • avatarDec 29, 2021 · 3 years ago
    When it comes to buying crypto on Venmo, it's a straightforward process. First, you'll need to have a Venmo account and link it to your bank account or credit card. Once that's set up, you can access the 'Crypto' section in the app. From there, you can choose the cryptocurrency you want to buy and enter the amount. Venmo will display the current price and any applicable fees. If you're satisfied with the details, you can proceed with the purchase. The cryptocurrency will then be added to your Venmo account, where you can manage it or transfer it to an external wallet for safekeeping.