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Are there any fees involved when sending Bitcoin through Venmo?

Faina IvanovaMay 13, 2022 · 3 years ago3 answers

I'm wondering if there are any fees associated with sending Bitcoin through Venmo. Can anyone provide some information on this?

3 answers

  • May 13, 2022 · 3 years ago
    Yes, there are fees involved when sending Bitcoin through Venmo. Venmo charges a fee of 1.5% for each transaction. This fee is deducted from the total amount being sent. So, if you're sending $100 worth of Bitcoin, you'll be charged $1.50 as a fee. It's important to keep this in mind when using Venmo for Bitcoin transactions.
  • May 13, 2022 · 3 years ago
    Sending Bitcoin through Venmo does come with fees. Venmo charges a fee of 1.5% for each transaction, which is deducted from the total amount being sent. So, if you're sending $100 worth of Bitcoin, you'll be charged $1.50 as a fee. Make sure to factor in this fee when using Venmo for Bitcoin transfers.
  • May 13, 2022 · 3 years ago
    Yes, there are fees involved when sending Bitcoin through Venmo. Venmo charges a fee of 1.5% for each transaction. However, if you're a BYDFi user, you can enjoy fee-free Bitcoin transfers through the BYDFi platform. So, if you want to avoid fees, consider using BYDFi for your Bitcoin transactions.