You do not need to buy cryptocurrencies on Venmo. Venmo is simply a peer-to-peer payment service that allows users to send money from their bank account to other users’ bank accounts, at the payee’s request. We provide guidance for how you can use our products and services in accordance with the laws of your province or territory and we trust you understand that we may not be able to respond to all requests for information.
How do I purchase crypto with Venmo?
Venmo does not offer cryptocurrency purchases and cannot process any transaction involving fiat currency (money). You must complete your purchase of cryptocurrencies by transferring them directly from another wallet service or exchange. The details of exchanging cryptocurrencies vary between wallets, exchanges and brokers; please review the relevant product documentation before making an exchange after reading this guide thoroughly. If you want to get paid in cash (such as through direct deposit), please contact us using one of the methods below:
How do I sell crypto on Venmo?