{"id":231402,"date":"2021-04-20T18:58:09","date_gmt":"2021-04-20T15:58:09","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/venmo-will-now-let-customers-buy-and-sell-cryptocurrencies\/"},"modified":"2021-04-20T18:58:09","modified_gmt":"2021-04-20T15:58:09","slug":"venmo-will-now-let-customers-buy-and-sell-cryptocurrencies","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/venmo-will-now-let-customers-buy-and-sell-cryptocurrencies\/","title":{"rendered":"#Venmo will now let customers buy and sell cryptocurrencies"},"content":{"rendered":"

“#Venmo will now let customers buy and sell cryptocurrencies<\/strong>”<\/p>\n

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Mobile payment app<\/a>, Venmo will now let customers buy and sell bitcoin and other cryptocurrencies, marking the latest effort to make digital tokens more mainstream. <\/p>\n

The Paypal-owned Venmo said starting Tuesday it will display a new feature on its app that will let users buy four different cryptocurrencies\u00a0\u2014 bitcoin, ether, litecoin and bitcoin cash \u2014 with a minimum spending requirement of $1.\u00a0<\/p>\n

The move build\u2019s on PayPal\u2019s decision to allow users to buy crypto through its main platform and use them to pay online merchants for goods globally. <\/p>\n

With more than 70 million users, most of which are younger Americans, Venmo is a natural choice for PayPal to extend its cryptocurrency service. <\/p>\n

\u201cNo matter where you are in your cryptocurrency journey,\u00a0crypto on Venmo will help our community to learn and explore cryptocurrencies on a\u00a0trusted\u00a0platform\u00a0and directly in the app they know and love,\u201d said Darrell\u00a0Esch, a senior vice president and general<\/a> manager of Venmo. \u201cOur goal is to provide our customers with an easy-to-use platform that simplifies the process of buying and selling\u00a0cryptocurrencies and\u00a0demystifies some of the common questions and misconceptions that consumers may have.\u201d\u00a0<\/p>\n

\"Bitcoin
Bitcoin and other digital currencies have not only surged in price this year, but they have also been embraced by mainstream companies. <\/figcaption>
Getty Images<\/span><\/figcaption><\/figure>\n

Venmo said its crypto feature was developed in partnership with blockchain brokerage firm Paxos, which PayPal also uses for its digital coin initiatives. <\/p>\n

Bitcoin and other digital currencies have not only surged in price this year, but they have also been embraced by mainstream companies. Electric car maker, Tesla, for instance, scooped up $1.5 billion worth of bitcoin earlier this year and it now accepts the digital currency as payment for its vehicles.<\/p>\n

Visa also allows customers to pay off their credit card bills with cryptocurrency, as major financial firms such as\u00a0Mastercard,\u00a0BlackRock\u00a0and\u00a0BNY Mellon, have also accepted digital coins. Even some of the big banks like Morgan Stanley and Goldman Sachs have begun allowing clients investments in the emerging asset.\n <\/p><\/div>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#Venmo will now let customers buy and sell cryptocurrencies” Mobile payment app, Venmo will now let customers buy and sell bitcoin and other cryptocurrencies, marking the latest effort to make digital tokens more mainstream. The Paypal-owned Venmo said starting Tuesday it will display a new feature on its app that will let users buy four…<\/p>\n","protected":false},"author":1,"featured_media":231403,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/04\/venmo-bitcoin-cryptocurrency.jpg?quality=90&strip=all&w=1200","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[74862,76574,102760,76127,102803],"class_list":["post-231402","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-paypal","tag-4-20-21","tag-cryptocurrency","tag-venmo"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/231402","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=231402"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/231402\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/231403"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=231402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=231402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=231402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}