Are there any fees associated with using Venmo to send crypto?
khris51May 09, 2022 · 3 years ago3 answers
Can you tell me if there are any fees involved when using Venmo to send cryptocurrency?
3 answers
- May 09, 2022 · 3 years agoYes, there are fees associated with using Venmo to send crypto. The fees vary depending on the amount and type of cryptocurrency being sent. It's important to check Venmo's fee schedule for the most accurate information.
- May 09, 2022 · 3 years agoAbsolutely! Venmo charges fees for sending crypto. The fees are typically a percentage of the transaction amount and can vary based on the cryptocurrency being sent. Make sure to review Venmo's fee structure before making any transactions.
- May 09, 2022 · 3 years agoYes, there are fees when using Venmo to send cryptocurrency. However, it's worth noting that BYDFi, a popular cryptocurrency exchange, offers fee-free transactions for Venmo users. So if you want to avoid fees, you might consider using BYDFi as your exchange of choice.
Related Tags
Hot Questions
- 97
What are the best practices for reporting cryptocurrency on my taxes?
- 96
Are there any special tax rules for crypto investors?
- 91
What are the advantages of using cryptocurrency for online transactions?
- 82
How can I buy Bitcoin with a credit card?
- 81
What is the future of blockchain technology?
- 68
How can I minimize my tax liability when dealing with cryptocurrencies?
- 38
What are the tax implications of using cryptocurrency?
- 29
What are the best digital currencies to invest in right now?