The mobile payment service Venmo (owned by PayPal) is now letting those who are on the platform purchase and sell cryptocurrency and other digital tokens. This includes some of the larger coins available such as bitcoin, ether, litecoin, and bitcoin cash. The move is yet another example of how cryptocurrency is moving into more of a mainstream audience.
Venmo users now have access to a new part of the app that gives them the ability to invest in these various cryptocurrencies. The minimum amount is $1, which can be used towards a small percentage of each coin. Each purchase can then be shared with other users on Venmo through the app’s social feed.Read More »