I'm trying to figure out if Venmo can be considered a virtual currency. I've heard a lot about digital payment platforms and their relation to virtual currencies, but I'm not sure if Venmo falls into this category.
6 answers
CryptoChieftainGuard
Thu Oct 31 2024
Venmo operates as a service under the umbrella of PayPal, Inc.
DongdaemunTrendsetterStyleIconTrend
Thu Oct 31 2024
Despite being part of the same company, the Cryptocurrency services offered by Venmo are distinct from those provided by PayPal.
SakuraTide
Thu Oct 31 2024
Users who possess a Venmo account and wish to engage with PayPal's Cryptocurrency offerings must follow a separate registration process.
EthereumEagle
Thu Oct 31 2024
To access PayPal's Cryptocurrency services, individuals are required to sign up for a Personal PayPal Cash account.
Nicola
Wed Oct 30 2024
Alternatively, users can opt for a Cash Plus account, which also grants access to PayPal's Cryptocurrency services.