Revolut to offer bitcoin, ethereum, and litecoin buying within its app — Quartz

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You must be satisfied that this crypto offering is suitable for you in light of your financial circumstances and attitude towards risk before starting.

Revolut is a Britain based fin-tech company that offers banking services including a prepaid debit card, currency exchange, cryptocurrency exchange, and peer-to-peer payments. The Revolut mobile app supports spending and ATM withdrawals in 120 currencies and sending in 29 currencies directly from the app.
Now you can also buy bitcoin using Revolut in Paxful.

Paxful makes the process of purchasing BTC with Revolut whole lot simpler.

Pay with Revolut to have bitcoin in your Paxful wallet in less than an hour.
You can either buy from one of many offers listed by vendors for selling their BTC using Revolut or create your own offer to sell your bitcoin in Revolut balance. At Paxful, vendors can set their own rates and decide their margins.

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A British “neobank” called Revolut is working on letting its customers convert and hold bitcoin and other cryptocurrencies directly in their accounts.

Revolut is technically not a bank because it doesn’t have a banking license from the UK’s financial regulator, but it offers many of the same features as a bank, such as checking accounts (known as “current accounts” in the UK). Revolut, which is currently available to citizens of dozens of European countries, says it’s “actively exploring” applying for a banking license.

The firm will let users buy, sell, and hold three cryptocurrencies: bitcoin, litecoin, and ethereum. Users will also be able to transfer cryptocurrencies to other Revolut account holders.

LocalBitcoins.com user LushinPS
wishes to sell bitcoins to you.

(feedback score 95 %,

see feedback)

This trader is currently on vacation or is out of bitcoins.

I’m ready to put a little money in cryptocurrencies and first in bitcoins (as it seems the easiest way to buy others cryptocurrencies).

If I’m right, BTC should be available in Revolut very soon ? Well, could some Revolut team or anybody else tell me if I’ll be able to change € or $ in BTC and then transfer theses BTC to my bitcoin wallet ?

You will be able to hold a Bitcoin balance in your Revolut app, but you won’t be able to transfer Bitcoin to an external wallet. Our lead platform engineer will be sharing a blog post about our choice of approach on Medium later this week

Thanks for your answer. So, I could exchange, for example, us dollars to BTC or BTC to us dollars like any others currencies accepted by Revolut ?

Exactly. We have take this approach as it’s the easiest way to convince partners to work with us given their reticence to enter crypto space.

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