How to send Bitcoin to someone through Venmo?

3 answers

• Dec 29, 2021 · 3 years ago
  Unfortunately, Venmo does not support the direct transfer of Bitcoin. Venmo is primarily a peer-to-peer payment service for fiat currency. However, there are alternative methods to send Bitcoin to someone. One option is to use a cryptocurrency exchange that supports both Bitcoin and Venmo. You can sell your Bitcoin on the exchange and withdraw the funds to your Venmo account. Another option is to use a peer-to-peer Bitcoin marketplace where you can find individuals willing to accept Venmo as a payment method for Bitcoin. Remember to exercise caution and only transact with reputable sellers.
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• Dec 29, 2021 · 3 years ago
  Sending Bitcoin through Venmo is not possible as Venmo does not support cryptocurrency transactions. Venmo is designed for fiat currency transfers between individuals. If you want to send Bitcoin to someone, you'll need to use a cryptocurrency wallet or an exchange that supports Bitcoin transfers. You can then send the Bitcoin from your wallet or exchange account to the recipient's Bitcoin address. Make sure to double-check the address before initiating the transfer to avoid any mistakes.
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• Dec 29, 2021 · 3 years ago
  As an expert in the cryptocurrency industry, I can confirm that Venmo does not directly support Bitcoin transactions. However, you can still send Bitcoin to someone by using a different method. One option is to use a peer-to-peer Bitcoin marketplace like LocalBitcoins. On these platforms, you can find individuals who are willing to accept Venmo as a payment method for Bitcoin. Another option is to use a cryptocurrency exchange that supports both Bitcoin and Venmo. You can sell your Bitcoin on the exchange and withdraw the funds to your Venmo account. Just be aware of the fees and potential risks associated with these methods.
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