Is it possible to transfer Bitcoin or other cryptocurrencies from a bank to Venmo in 2022?

3 answers

• Dec 16, 2021 · 3 years ago
  Unfortunately, as of now, it is not possible to transfer Bitcoin or other cryptocurrencies directly from a bank account to Venmo. Venmo is primarily designed for transferring funds between individuals and does not support cryptocurrency transactions. However, there are alternative methods to convert your Bitcoin to fiat currency and then transfer it to your bank account, which can then be used with Venmo. These methods usually involve using a cryptocurrency exchange to sell your Bitcoin for fiat currency, withdrawing the funds to your bank account, and then using Venmo for transactions.
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• Dec 16, 2021 · 3 years ago
  Nope, you can't send your Bitcoin directly to Venmo. Venmo is all about the traditional banking system, and it doesn't have built-in support for cryptocurrencies. But don't worry, there are workarounds! You can sell your Bitcoin on a cryptocurrency exchange, transfer the funds to your bank account, and then use Venmo for your everyday transactions. It might involve a few extra steps, but it's doable!
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• Dec 16, 2021 · 3 years ago
  As of now, Venmo does not support direct transfers of Bitcoin or other cryptocurrencies from a bank account. However, at BYDFi, we are working on a solution that will allow users to seamlessly transfer their cryptocurrencies to Venmo and use them for transactions. Stay tuned for updates on this exciting development!
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