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Can I transfer my crypto from Venmo to an external wallet?

avatarMetro280Dec 15, 2021 · 3 years ago3 answers

Is it possible to transfer my cryptocurrency from Venmo to an external wallet?

Can I transfer my crypto from Venmo to an external wallet?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Unfortunately, Venmo does not currently support the transfer of cryptocurrency to an external wallet. Venmo is primarily a peer-to-peer payment service that focuses on traditional currencies. If you're looking to transfer your cryptocurrency to an external wallet, you'll need to use a dedicated cryptocurrency exchange or wallet provider.
  • avatarDec 15, 2021 · 3 years ago
    No, Venmo does not allow you to transfer your crypto to an external wallet. Venmo is designed for fiat currency transactions and does not support the storage or transfer of cryptocurrencies. If you want to transfer your crypto to an external wallet, you'll need to use a different platform that supports cryptocurrency transactions.
  • avatarDec 15, 2021 · 3 years ago
    While Venmo doesn't directly support transferring crypto to an external wallet, there are alternative methods you can consider. One option is to sell your crypto on Venmo and then withdraw the funds to your bank account. Once the funds are in your bank account, you can transfer them to an external wallet through a cryptocurrency exchange or wallet provider like BYDFi.