Crypto.com is one of the top cryptocurrency platforms with a massive selection of coins supported. While other platforms like Gemini support about 50 coins, Crypto.com supports over 250 coins!
If you want to start building a crypto portfolio or continue building one, Crypto.com may be the platform for you.
In this article, we cover the process to fund your Crypto.com account through your Venmo cash balance. We also cover the steps to create a Crypto.com account.
Let's jump in!
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Unfortunately, funding your Crypto.com account must be done with a card or an ACH payment. Instead of directly moving your Venmo funds to Crypto.com, you will need to first transfer to your bank and then to Crypto.com.
Here are the steps to execute a transfer from Venmo to Crypto.com
For more details on each of these steps, keep reading!
Crypto.com is one of the leading cryptocurrency trading platforms. It was designed to be more than a trading platform. They also offer members a metal visa card with up to 8% rewards and over 250 cryptocurrencies.
If you already have a Crypto.com account, skip to the next step!
If not, here are the steps to open an account:
Assuming your information is correct and your images are clear, this verification can be completed in as little as 5 minutes!
With a Crypto.com account created, you are ready to start moving funds. You'll get started by transferring your Venmo funds to your bank:
If you need to link a bank account to Venmo, you can do so by clicking on the "Add a bank" selection after tapping on the bank in the "Transfer to" space.
In order to buy crypto in your Crypto.com account, you'll have to link a bank account or a credit/debit card.
(If you happened to do this in step 1, skip on ahead to the last step!)
With a new fiat wallet set up, you can repeat steps 1-3 to initiate a transfer from your bank to Crypto.com
With a Crypto.com account created, funds moved from Venmo to your new fiat wallet, you are ready to build your crypto portfolio.
Follow the steps below to buy a cryptocurrency:
And that is all it takes!
Opening a Crypto.com account and buying your first crypto is actually a pretty simple process.
In order to fund your account using your Venmo cash balance, you will need to transfer the funds to your bank first and then to Crypto.com.
Perhaps in the future you will be able to transfer the funds from Venmo directly, but for now, you can complete this transfer using the steps above.
If you want to learn more about Crypto.com, be sure to check out our complete review.