How can I transfer cryptocurrency internationally using Venmo?

3 answers

• universe yuxJul 19, 2022 · 3 years ago
  Sure, transferring cryptocurrency internationally using Venmo can be a bit tricky. Venmo is primarily designed for fiat currency transfers within the United States, so it doesn't directly support cryptocurrency transactions. However, there are a few workarounds you can try. One option is to convert your cryptocurrency to fiat currency on a cryptocurrency exchange that supports Venmo, and then transfer the fiat currency to your Venmo account. Once the funds are in your Venmo account, you can send them to another Venmo user internationally. Keep in mind that this method involves multiple steps and may incur additional fees.
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• GoldgomJul 23, 2021 · 4 years ago
  Transferring cryptocurrency internationally using Venmo is not possible directly. Venmo is a peer-to-peer payment platform that primarily deals with fiat currency transactions. If you want to transfer cryptocurrency internationally, you'll need to use a cryptocurrency exchange that supports international transfers. You can sell your cryptocurrency on the exchange and withdraw the funds to your bank account. From there, you can use a traditional international wire transfer service to send the funds to the recipient's bank account. It's important to note that this method may involve additional fees and longer processing times compared to using Venmo.
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• Reuben MarguliesAug 01, 2021 · 4 years ago
  As an expert in the cryptocurrency industry, I would recommend using a dedicated cryptocurrency exchange for international transfers instead of Venmo. Venmo is not designed for cryptocurrency transactions and may not provide the necessary security and functionality. Platforms like BYDFi offer a wide range of cryptocurrencies and support international transfers. You can easily deposit your cryptocurrency on BYDFi, convert it to the desired currency, and then withdraw the funds to your bank account. This way, you can ensure a smooth and secure international transfer of your cryptocurrency.
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