Venmo Crypto: Buy, Sell & Manage Crypto in the Venmo App
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Venmo Crypto: Buy, Sell & Manage Crypto in the Venmo App
Venmo Crypto makes it easy to buy, hold, and sell cryptocurrency—right inside the Venmo app.
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Venmo Crypto: Buy, Sell &...
What Is Venmo Crypto?
Venmo Crypto is a built-in feature within the Venmo app (owned by PayPal, Inc.) that lets U.S. users buy, sell, and hold a handful of cryptocurrencies.
With no separate exchange required, you can invest in crypto using your Venmo balance, bank account, or debit card, starting at just $1.
Venmo Crypto Overview
| Offer Type | Best For | Fees | Action |
|---|---|---|---|
| Crypto Trading & Wallet | Venmo users new to cryptocurrency | Varies by amount (includes spread + transaction fee) | Visit Website |
How Venmo Crypto Works
With a $1 minimum and user-friendly interface, it’s designed for casual investors who want to explore crypto without switching platforms.
- Open Venmo App: Navigate to the Crypto section in the menu.
- Select a Coin: Choose from Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), or PayPal USD (PYUSD).
- Buy or Sell: Enter an amount (minimum $1) and use Venmo balance, linked bank, or debit card.
- Track & Manage: Monitor real-time prices and view your crypto portfolio right in the app.
- Send to Friends: Some users can send select crypto to other Venmo users (availability may vary).
Key Features & Benefits
| Feature | Benefit |
|---|---|
| $1 Minimum | Start investing in crypto with just one dollar. |
| Built into Venmo | No new app or exchange account needed. |
| Trusted Infrastructure | Backed by PayPal with secure transaction protocols. |
| Beginner-Friendly Design | Simple and intuitive for new investors. |
| Tax Support | Access your crypto history for easier tax filing. |
| Try Venmo Crypto Now | |
Who Is It Best For?
- People who already use Venmo and want to explore crypto.
- New investors who want a familiar, low-risk entry point.
- Casual users looking to dabble in digital assets without managing an external wallet.
Pricing & Fees
- Transaction Fees: Venmo charges a variable transaction fee based on the size of your trade.
- Exchange Spread: Includes a margin on top of the market price—this spread is earned by Paxos, Venmo’s crypto service provider.
- No Monthly Fees: There’s no subscription or account maintenance cost.
Trust & Security
- Venmo is owned by PayPal, one of the most trusted names in digital payments.
- Crypto purchases are not protected by Venmo Purchase Protection—but unauthorized access is covered.
- As of now, crypto cannot be transferred to external wallets (unlike PayPal or Cash App).
- 4.9 rating in the App Store with 15M+ reviews.
Frequently Asked Questions
Can I transfer crypto to an external wallet from Venmo?
No. As of now, Venmo Crypto does not support external wallet withdrawals. All crypto stays within your Venmo account.
What cryptocurrencies are available?
Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), and PayPal USD (PYUSD).
Is Venmo Crypto safe?
Yes, transactions are processed using PayPal’s secure infrastructure. However, crypto is volatile and not insured like bank deposits.
Can I use a Venmo credit card to buy crypto?
No. Crypto purchases must be funded with your Venmo balance, debit card, or linked bank account—not credit cards.
Ready to Explore Crypto with Venmo?
| Investment Options | Crypto |
|---|---|
| Minimum Deposit | $0 Minimum |
| Platform Type | App Only |
We appreciate your honest feedback. Share your real experience to help others make confident money decisions.
Wadeb –
Venmo is the worse company ever created
1. If your venmo is not working customer services will tell you that they have no control over the system and check back on 7 days.
2. The fee to transfer in or out cash is ridiculous and so is the cashing fee.
3. When you buy crypto, you don’t have access to it up to 7 days. They want ro make sure the fund from ur bank clears.
Jason Vitug –
Thanks for sharing your experience. This will help many.
Mario Escalante –
Venmo always manipulates the value on their favor, if you buy it’s always above 660 difference to the real value and when you sell it’s always 660 down the the real value plus their fees, it’s like they are secretly robbing you. I have all the screenshots for every single transaction I have done there
Jason Vitug –
Thanks for sharing.
Jenna –
There are better apps out there.
Miranda –
Don’t use them they steal your money. They hold your bitcoin even if it was cleared with bank and won’t give you a date of when you can use it . They give you a runaround . They are beyond shady and should be avoided
Jason Vitug –
So sorry to hear about your experience. Thanks for sharing so others know and can make a better decision.
Ben –
No complaints really, it’s easy to use but doesn’t offer much. That’s probably why it works for me. It’s not complicated. If you need more you’ll have to go elsewhere.