Venmo is jumping aboard the cryptocurrency bandwagon.
The social payment service announced on Tuesday that its customers can now buy, hold, and sell cryptocurrencies within the Venmo app.
Four cryptocurrencies are currently supported: Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. The app will also provide videos and guides to help Venmo users understand crypto better. Finally, users will be able to share their crypto buys and sells through the Venmo feed.
To buy cryptocurrencies, Venmo users can click on “Crypto” in the top right menu. They’ll be able to buy using their Venmo balance, or a linked debit card or bank account, for as little as $1. Read more…
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