How to Increase Bitcoin Limit in Venmo

Venmo lets users buy, sell, and hold Bitcoin, but purchases are subject to limits until you complete identity verification. This guide explains why limits exist, how to verify your account, and steps to request a higher Bitcoin limit.

Why Venmo Limits Bitcoin Purchases

  • Regulatory and anti-money-laundering (AML) rules.
  • Risk management for new or unverified accounts.
  • Limits protect users from fraud and unauthorized activity.

Steps to Increase Your Bitcoin Limit

  1. Open the Venmo app and go to the Crypto or Buy section.
  2. Tap “Increase Limit” (or go to Settings → Identity Verification).
  3. Provide required information: full legal name, date of birth, SSN (last 4), and residential address.
  4. Upload ID: a government-issued photo ID (passport, driver’s license). Follow on-screen photo instructions.
  5. Optionally, add and verify a bank account or debit card to strengthen your profile.
  6. Wait for review — verification usually completes within 24–72 hours.

What Venmo May Ask For

Depending on your region and account history, Venmo may request additional documents such as proof of address or a selfie photo to match your ID.

Tips to Speed Up Approval

  • Upload clear, high-resolution photos of your ID.
  • Make sure your name and address match official records and the ID.
  • Verify your bank account via micro-deposits if prompted.
  • Avoid submitting multiple requests — wait for the review result.

FAQ

How long until my limit increases?

Most users receive a decision within 24–72 hours, but some reviews can take longer if additional documents are required.

Will verifying increase all Venmo limits?

Verification typically raises crypto, spending, and sending limits — exact increases depend on Venmo’s policies and your verification level.

Is my information safe with Venmo?

Venmo uses encryption and follows regulatory requirements to protect identity data. Only provide documents through the official app.