Venmo is into crypto, allowing users to buy Bitcoin, others

NEW YORK (AP) — Venmo will allow users to buy and sell cryptocurrencies on its app, the latest mainstream financial platform to wade into alternative currency like Bitcoin. In addition to Bitcoin, Venmo said Tuesday that trading in Ethereum, Litecoin and Bitcoin Cash will be allowed, too. Venmo crypto buyers will be able to publish their purchases or sells on the app’s social feed as well. Bitcoin has attracted massive interest, particularly in the last 18 months. Its price has held steadily above $50,000, and the value of other cryptocurrencies has been on the rise. Venmo will only allow users to buy, sell or hold crypto currencies.