{"id":41075,"date":"2021-04-20T14:06:57","date_gmt":"2021-04-20T11:06:57","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=41075"},"modified":"2025-08-30T17:07:42","modified_gmt":"2025-08-30T14:07:42","slug":"venmo-adds-support-for-bitcoin-ethereum-litecoin-and-bitcoin-cash","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/venmo-adds-support-for-bitcoin-ethereum-litecoin-and-bitcoin-cash\/","title":{"rendered":"Venmo adds support for Bitcoin, Ethereum, Litecoin and Bitcoin Cash"},"content":{"rendered":"<p>Venmo, the PayPal-owned mobile payments service, has added the ability to buy and sell cryptocurrencies. This is stated <a href=\"https:\/\/newsroom.paypal-corp.com\/2021-04-20-Introducing-Crypto-on-Venmo\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">in the statement<\/a> from the company.<\/p>\n<p>According to the statement, over the coming weeks 77 million Venmo users will have access to Bitcoin, Ethereum, Litecoin and Bitcoin Cash. The minimum purchase amount is $1.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cUsers will be able to trade cryptocurrency using funds from their Venmo balance, a linked bank account, or a debit card,\u201d the press release said.<\/em><\/p>\n<\/blockquote>\n<p>Paxos served as the partner. In July 2020 it was announced that the payments giant selected it to manage assets.<\/p>\n<p>Venmo also added a package of educational materials about cryptocurrencies.<\/p>\n<p>Earlier in November 2020, PayPal launched<a href=\"https:\/\/u1f987.com\/en\/news\/paypal-launches-bitcoin-buying-and-selling-for-us-users\"> buying and selling of bitcoin<\/a> for US users.<\/p>\n<p>In early March 2021, the company<a href=\"https:\/\/u1f987.com\/en\/news\/paypal-confirms-plans-to-acquire-cryptocurrency-custodian-curv\"> confirmed<\/a> plans to acquire Curv, a provider of cryptocurrency custody infrastructure.<\/p>\n<p>In the same month, Reuters sources reported that PayPal would allow American customers<a href=\"https:\/\/u1f987.com\/en\/news\/media-paypal-to-allow-paying-with-bitcoin-at-partner-merchants\"> to pay for purchases<\/a> with Bitcoin, Bitcoin Cash, Ethereum and Litecoin at partner retailers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Venmo, the PayPal-owned mobile payments service, has added the ability to buy and sell cryptocurrencies.<\/p>\n","protected":false},"author":1,"featured_media":41076,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[182],"class_list":["post-41075","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-paypal"],"aioseo_notices":[],"amp_enabled":true,"views":"33","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/41075","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=41075"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/41075\/revisions"}],"predecessor-version":[{"id":41077,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/41075\/revisions\/41077"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/41076"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=41075"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=41075"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=41075"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}