How does Venmo handle cash advances related to digital currencies?

3 answers

• Pouria AhmadiSep 16, 2021 · 4 years ago
  Venmo does not currently support cash advances related to digital currencies. As of now, Venmo only allows users to send and receive payments in fiat currencies such as USD. Transactions involving digital currencies are not supported on the platform. If you need to make a payment using digital currencies, you'll have to use a different payment method or platform that supports these types of transactions.
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• denverskillJun 22, 2025 · 3 months ago
  Unfortunately, Venmo does not offer cash advances for digital currencies. Venmo primarily focuses on facilitating payments in traditional fiat currencies. If you're looking to make a payment using digital currencies, you'll need to explore other options or platforms that specifically cater to these types of transactions.
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• DotakuOct 13, 2024 · a year ago
  As an expert in the digital currency industry, I can confirm that Venmo does not handle cash advances related to digital currencies. Venmo is primarily designed for peer-to-peer payments in fiat currencies. If you're interested in using digital currencies for transactions, I would recommend exploring other platforms that are specifically built for this purpose, such as BYDFi, which offers a wide range of digital currency services and supports cash advances for digital currencies.
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