<p>NEW YORK — Venmo will allow users to buy and sell cryptocurrencies on its app, the company said Tuesday, the latest mainstream financial platform to wade into alternative currency like Bitcoin. </p>
<p>In addition to Bitcoin, Venmo has opened up the platform to Ethereum, Litecoin and Bitcoin Cash — generally considered to be among the mainstream of the digital currencies. Despite the social media proclaimed arrival of Doge Day Tuesday, the cryptocurrency <a href="https://twitter.com/dogecoin">Dogecoin</a> is not on the list to be cleared for trade on Venmo. Crypto buyers will be able to publish their purchases or sells on the Venmo’s social feed as well. </p>
<p>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. </p>
<p>The digital currency trading platform Coinbase went public earlier this month, giving the company a valuation over more than $80 billion. Companies like Tesla now accept Bitcoin as a form of payment on its cars. </p>
<p>Venmo will only allow users to buy, sell or hold crypto currencies. The company is not allowing its users to send these currencies as a form of payment between users yet. </p>
