Venmo Frequently Asked Questions on Cryptocurrency

Can I buy Crypto through Venmo?

Venmo customers in the US who have verified their identity with Venmo can buy, sell, and hold cryptocurrency with their Personal Venmo profiles. Crypto transactions are only supported on personal Venmo accounts, and they aren’t available for business profiles, charity profiles, or teen accounts.

How do I transfer crypto out of my Venmo account?
If you’ve bought crypto on Venmo, you can transfer that crypto to other Venmo users, PayPal users, or external crypto wallets.

Learn more about transferring Crypto and your Venmo account.

Can I use my Venmo account to access PayPal's cryptocurrency service? When will I be able to use this service on Venmo?

Venmo is a service of PayPal, Inc., but the cryptocurrency services provided by Venmo are separate from the cryptocurrency services provided by PayPal. If you already have a Venmo account and want to use PayPal's cryptocurrency services, you will need to sign up for a PayPal Balance account.

Learn more about managing Cryptocurrency with Venmo.