Can I use Venmo to Coinbase to buy Bitcoin and other cryptocurrencies directly?

3 answers

• May 06, 2022 · 3 years ago
  No, currently Venmo does not support direct purchases of Bitcoin or other cryptocurrencies on the Coinbase platform. Venmo is primarily a peer-to-peer payment service that allows users to send and receive money from friends and family. To buy Bitcoin and other cryptocurrencies on Coinbase, you will need to link a bank account or debit card to your Coinbase account and make a direct purchase through their platform.
  417

  209
• May 06, 2022 · 3 years ago
  Unfortunately, Venmo does not offer the option to buy Bitcoin or other cryptocurrencies directly on Coinbase. Venmo is designed for peer-to-peer transactions and is not integrated with Coinbase's cryptocurrency trading platform. To buy Bitcoin and other cryptocurrencies on Coinbase, you will need to use a linked bank account or debit card.
  341

  114
• May 06, 2022 · 3 years ago
  While Venmo does not currently support direct purchases of Bitcoin or other cryptocurrencies on the Coinbase platform, there are alternative methods you can use. One option is to transfer funds from your Venmo account to your bank account, and then link that bank account to your Coinbase account to make a purchase. Another option is to use a peer-to-peer exchange that supports Venmo as a payment method, and then transfer the purchased cryptocurrencies to your Coinbase wallet.
  480

  120