We welcome you to bring your unlocked device and activate it on your Verizon line. To check if the phone is compatible with our network, you would need the IMEI. Please follow this link for more details https://www.verizon.com/od/prepaid/bring-your-own-device/?adobe_mc=MCMID%3D6044377504489280634087993...
Yes, it works great!
I brought over my OnePlus 8T+ from T-Mobile and don't have a VZW 5G plan so am not using 5G.
However, everything works great! The 4G is blazing fast (I got nearly 71 Mbs down and nearly 15 Mbs up) where I am at.
IF YOU ARE HAVING SMS ISSUES: Simply delete/uninstall all updates for the Carrier Services app. For some reason, this app was recently updated and really messed up SMS. You may need to factory-reset your phone, but try my first suggestion before factory-reset.