About
Effortless moments, seamless sharing, unlimited connections.
Venmo, founded in 2009 by two college roommates, revolutionizes peer-to-peer payments with a simple, delightful, and connected experience. Evolving from a basic SMS platform to a beloved social payments app, Venmo enables millions to seamlessly pay, split bills, and share moments, making digital wallets fun and social.
Use Cases
Crypto Investment Starter
Begin crypto investing with as little as $1, using Venmo balance for easy entry into cryptocurrency trading.
Peer-to-Peer Crypto Transfers
Send or receive crypto instantly to friends on Venmo, enabling quick andseamless crypto transactions.
Cashback to Crypto Conversion
Use the Venmo Credit Card to earn cashback rewards which automatically convertinto crypto without transaction fees.
Crypto Education & Alerts
Access in-app educational content and set price alerts to stay informed and makesmarter crypto decisions.
Key Features
Venmo Crypto Accessibility and Management
- Users can start buying crypto with as little as $1.
- Venmo allows users to manage their crypto within the app, making it easy totrack and manage their investments.
- Venmo provides the option to toggle on price alerts for specific crypto types,enabling users to receive push notifications when the value changes by 5 or 10percent in a day.
- Users can send any crypto they're currently holding to a friend on Venmo,given that the friend is set up to receive crypto.
- Venmo provides a library of in-app articles and videos to help usersunderstand the basics of cryptocurrency.
Venmo Credit Card Crypto Features
- Venmo Credit Card users can earn cash back on everyday spending.
- Users have the option to automatically purchase crypto with the cash backearned from their Venmo Credit Card.
- Users can select their preferred cryptocurrency for auto-purchase with cashback.
- There are no crypto transaction fees when auto-purchasing crypto with cashback from the Venmo Credit Card.
- The 'Purchase crypto' feature can be toggled on in the app to enable automaticcrypto purchases with cash back.
(Co-founder)
Andrew Kortina
(Co-founder)
Iqram Magdon-Ismail
Headquarters
🇺🇸 New York, NY
Website
venmo.com/about/crypto
$1
minimum crypto purchase amount on Venmo
5% to 10%
crypto price alert thresholds
