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The total amount of crypto you’re able to purchase in a 12-month period is $50,000.
Venmo Crypto Fees
When buying crypto on Venmo, youll have to pay fees.
Venmo charges a flat fee on your crypto purchase based on the amount you choose to spend.
But you’re able to manage all your crypto holdings directly through the Venmo app.
you might also now send and receive crypto from external wallets with Venmo.
This allows you to send cryptocurrency to a supported walletwhether its another Venmo or PayPal useror athird-party crypto wallet.
When the transaction is complete, your proceeds will be deposited into your Venmo balance.
Earning Crypto On Venmo
You cannot currently earn cryptocurrency through Venmo.
Many other crypto exchanges allow you to earn interest on your cryptocurrency through crypto staking.
The process involves locking up your crypto for a period of time and earning interest.
And some exchanges (like Coinbase) may pay you interest just for holding your crypto on the platform.
But, Venmo does not currently offer this.
Its usually safer to store your cryptocurrency in an offline hardware wallet that you control.
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