#Venmo, a person-to-person payment service provider owned by #PayPal, one of the largest payment companies in the world, stated that it has started to offer its users the service of buying, selling and holding crypto money .
Venmo users will be able to make #Bitcoin , #Ethereum, #Litecoin and #Bitcoin #Cash transactions.
At Venmo, which has more than 70 million users and is a payment company preferred by the young generation in the USA, users have the right to make cryptocurrency transactions of even $ 1. Users will also be able to share their transactions through the Venmo application.
Darrell Esch, the head of Venmo, said in a statement on the subject that this development will enable the Venmo community to discover a new world and used the following statements:
“No matter how much you know about cryptocurrencies, whether more or less, the Venmo community will now be able to do more research and learn more about this new world on a secure platform. Our aim here is of course to ensure that our customers can safely buy and sell cryptocurrencies on an easy-to-use platform. "
According to Venmo's customer behavior research in 2020; More than 30 percent of Venmo users were already buying cryptocurrencies. 20 percent of them started buying crypto money during the pandemic period.
Venmo users will be able to receive cryptocurrencies through the funds in their Venmo balance or their bank accounts linked here, or with a debit card.