Can You Use PayPal, Venmo or Cash App With Fomo?

Cash App deposits work on some Fomo accounts; PayPal and Venmo don't. Why sending to their addresses loses money, and the bank or exchange route instead.

Cash App works with Fomo for some accounts, as a deposit option under Exchanges and apps. PayPal and Venmo don't work at all: their cards are declined for deposits, and Fomo can't withdraw to them. Sending USDC from Fomo to a PayPal, Venmo, Robinhood or Wealthsimple crypto address loses it for good. The safe route between Fomo and these apps runs through your bank or an exchange.

Here's what each app can and can't do with Fomo, and the workaround for each one.

Fomo Deposit with screen showing Exchanges and apps with Cash App and Coinbase
Cash App under Exchanges and apps, on accounts that show it.

The short version

AppDeposit to FomoWithdraw from Fomo
Cash AppYes, under Exchanges and apps, on some accountsNo. Withdraw to your US bank and move it from there
Cash App CardNo. Declined as a debit cardNo
PayPalNo. PayPal cards are declinedNo. Funds sent to a PayPal address are lost
VenmoNo. Venmo cards are declinedNo. Funds sent to a Venmo address are lost
Robinhood, WealthsimpleNot a listed deposit methodNo. Funds sent to their addresses are lost
Zelle, Apple Cash, Revolut cardsNo. DeclinedNo

How to deposit from Cash App

  1. Tap Deposit, then Exchanges and apps.
  2. Choose Cash App, if your account shows it.
  3. Complete the payment in Cash App.
  4. Once the payment goes through, the USDC lands in your Fomo cash balance.

The options under Exchanges and apps differ by account, location and device, and the tile is in the phone app only. If a payment doesn't show in Fomo, check its status in your Cash App activity first, because USDC only reaches Fomo once that payment completes.

Two Cash App things that don't work: the Cash App Card typed in as a debit card, which is declined because it's a prepaid-style card, and buying Bitcoin in Cash App and sending it. Bitcoin isn't a supported network, so a Bitcoin send never reaches your Fomo wallet.

Fomo help center article on depositing with Cash App, Venmo or PayPal
Which app cards are declined, from Fomo's help center.

Why Fomo can't send to PayPal or Venmo

A Fomo crypto withdrawal sends USDC on the network you choose, or USDG on Robinhood Chain. Most finance apps don't accept either on those networks. PayPal, for example, takes Bitcoin, Ethereum, Bitcoin Cash, Litecoin and PayPal USD, so USDC sent to a PayPal address arrives as an asset PayPal doesn't support and never shows in your balance. A blockchain transfer can't be reversed, so Fomo can't recall it; only the company that received it can decide whether to return anything. If it already happened, contact that app's support with the transaction hash.

Fomo shows a warning about this in the withdrawal flow. On the phone the Finance apps option only shows that warning, and on the web you have to confirm it before Review.

How to get money from Fomo into PayPal, Venmo or Cash App

  • In the US: withdraw from Fomo to your bank account, then add money to PayPal, Venmo or Cash App from the bank. The bank leg takes 1 to 3 business days on the standard speed.
  • Anywhere: withdraw USDC to an exchange that accepts USDC on the network you pick, sell it there and move it on from the exchange.
Fomo help center article saying fomo cannot withdraw to PayPal, Venmo, Robinhood or Wealthsimple
Funds sent to a finance app's address are lost.

How to get money from PayPal or Venmo into Fomo

Move it to your bank first, then deposit to Fomo with a bank-issued debit card or Apple Pay. Or, if you hold crypto on an exchange, send USDC to Fomo on a supported network. Bank-issued debit cards are the ones that work; app cards from PayPal, Venmo, Cash App and similar services are declined, and retrying the same card won't change that.

Common questions

Can I buy crypto on PayPal and send it to Fomo?

Only if it's USDC on a network Fomo supports, which PayPal doesn't offer. PayPal USD is not USDC. Use an exchange instead.

Why don't I see Cash App under Exchanges and apps?

It depends on your account, location and device. If it isn't there, use a bank-issued debit card or send USDC from an exchange.

Every deposit method is compared in how to deposit money on Fomo, and every way out in how to withdraw from Fomo.

Written by Crypto and SEO specialist

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