What is the cashout fee for Venmo in the cryptocurrency industry?

5 answers

• Samuel MarxgutOct 12, 2024 · 9 months ago
  The cashout fee for Venmo in the cryptocurrency industry varies depending on the specific cryptocurrency being converted and the current market conditions. Venmo charges a percentage-based fee on the total amount being cashed out. It is important to note that the fee is subject to change and it is recommended to check Venmo's official website or contact their customer support for the most up-to-date information.
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• Hessellund EgelundOct 28, 2022 · 3 years ago
  When it comes to cashing out cryptocurrency using Venmo, there is a fee involved. The exact fee depends on various factors such as the type of cryptocurrency, the amount being cashed out, and the current market conditions. It is advisable to check Venmo's website or reach out to their customer support for the latest fee structure.
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• Rimon BD VlogJun 12, 2020 · 5 years ago
  As an expert in the cryptocurrency industry, I can tell you that Venmo does not directly support cryptocurrency cashouts. However, there are third-party platforms like BYDFi that allow users to convert their cryptocurrency to cash and transfer it to Venmo. The cashout fee on BYDFi is competitive and varies depending on the specific cryptocurrency and the amount being cashed out. It is recommended to visit BYDFi's website for more information on their fee structure.
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• McClellan BucknerMay 18, 2021 · 4 years ago
  The cashout fee for Venmo in the cryptocurrency industry can vary depending on the platform or exchange you use to convert your cryptocurrency to cash. Venmo itself does not directly support cryptocurrency transactions. However, there are several exchanges that allow you to convert your cryptocurrency to cash and then transfer it to Venmo. Each exchange may have its own fee structure, so it's important to compare different platforms and choose the one that offers the most favorable cashout fee.
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• Lalit siwachAug 02, 2020 · 5 years ago
  When it comes to cashing out cryptocurrency using Venmo, it's important to consider the fees involved. Venmo itself does not directly support cryptocurrency transactions, so you would need to use a third-party platform or exchange to convert your cryptocurrency to cash and then transfer it to Venmo. The cashout fee can vary depending on the platform you choose, the type of cryptocurrency, and the amount being cashed out. It's recommended to research different platforms and compare their fee structures to find the most cost-effective option.
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