Warning to UK users – don’t use Revolut to buy Bitcoin : Bitcoin

Going through crypto exchanges can be time-consuming and complex, so we’ve cut out the fat. Get access to cryptocurrencies in seconds at the touch of a button.

Instantly exchange any of our 30 currencies directly into Bitcoin, Litecoin, Ethereum, Bitcoin Cash and XRP, and all without breaking a sweat.

Opening an account with us takes just minutes, and because we don’t believe in branches, you can set one up directly from your phone.

Check out our real-time cryptocurrency graphs showing you our current rates, and set up price alerts for when your cryptocurrency hits a certain value.

Transfer any of our five supported cryptocurrencies to other Revolut users in seconds with no hidden fees

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.

Покупайте и продавайте биткоины через Revolut.

Используя Revolut, можно мгновенно и безопасно купить и продать биткоины. Смотрите предложения с оплатой через Revolut.

Вы можете договориться о доставке наличных на дом или забрать их в заранее оговоренном месте.

Продавайте биткоины за подарочные карты со скидкой до 50% от iTunes, Amazon и многих других любимых магазинов!

Вы можете отправить средства на свой банковский счет или счет PayPal, а также друзьям и близким в любую точку мира.

Используйте биткоины для приобретения всего самого необходимого: продуктов, бытовых приборов, кредитов и многого другого.

Приобретайте биткоины из любой точки мира, сделав перевод со своего банковского счета продавцу криптовалюты на Paxful. Как только продавец получит средства, биткоины будут отправлены вам.

Fintech startup Revolut is adding Bitcoin Cash and XRP to its cryptocurrency feature. While cryptocurrency isn’t really Revolut’s focus point, it’s a good way to get started with cryptocurrencies.

If you have a Revolut account, you can now buy and hold Bitcoin, Litecoin, Ethereum, XRP and Bitcoin Cash. Behind the scene, the startup has partnered with Bitstamp to process the transactions. Revolut currently charges a 1.5 percent fee for cryptocurrency transactions. There are currently 100,000 cryptocurrency transactions per day.

Compared to a traditional cryptocurrency exchange, you can’t send or receive cryptocurrencies from your Revolut account.

You don’t get a bitcoin address for instance.

All you can do is buy tokens in the app.

If you want to transfer those tokens somewhere else, you’ll have to sell them for USD, GBP, etc.

So Revolut (mobile bank) recently introduced cryptocurrency trading within their app for a smal 1.5% fee.

Not quite. While buying BTC is quick and efficient, you can’t move your coins to any other wallet (you don’t control the keys either) so the only option is to HODL or sell.

The catch is you sell the coins to Revolut directly and the rate they offer is about ~5% less than current BTC rate so they collect cheap Bitcoin from gullible customers.

When contacting them directly the answer they give is that they offer best available rate I could find.

They don’t actually sell btc or own it. You just het a “token” that is equal in value to eth btc or ltc.

Stupid warning. They are very clear that you cant move Bitcoin from Reolut.

5% off spot isnt bad. If you send £s to a euro exchange (forex cost and fees)…

In one transaction, I sold almost 15 of a certain altcoin on its main P2P website, funds released from escrow, and now more than two weeks later I get this: https://imgur.com/gallery/AiBwZ7h

Note that I had a balance on Revolut even before that transfer, which they don’t bother mentioning.

So the altcoins lost, and more than 3000 EUR lost as well, plus the previous balance, + time lost, + stress, + lawyer costs.

After searching their message on Google, it seems that I’m not the only victim of this business practice. I’m obviously sueing; wish me normality (therefore not luck, because I shouldn’t need luck to get my money back + damages)!

The same happened to me. I didn’t lose a big amount, but it still was a stressful situation.

I’m homeless, I’ve always been useless with money (obviously!) and I’m unable to get my head around long paragraphs of T&Cs etc.

I really want to get some bitcoin -I’ve just found I’ve got about 200 Euros in my Revolut account (I was working last year and wanted to get Bitcoin then but I had no clue how to go about it and got as far as opening a Revolut account and putting £200 on it which I exchanged into Euros because at that time I’d read that that was what you had to do to buy cryptos at Coinbase.. – anyway, that’s as far as I got because I lost my nerve and didn’t go through with it..)

So anyway, now I want to change that 200ish Euros into Bitcoin (to sit on for as long as I can..

you can’t do anything with revolut bitcoin as it’s not even on a blockchain..

it’s not even bitcoin imho…

all you can do with that thing they sell you is just sell it again on revolut..

and maybe send to other revolut user….

but unless they allow withdrawal/receiving to/from btc wallets, I would not even call that bitcoin.. as clearly it’s not…

I was kinda excited about revolut crypto.. but being hugely disappointed how they implemented it is an understatement…

I’m a premium member and generally speaking positive on Revolut. But the way they handle crypto on their platform is ridiculous.

I just realized that buying Bitcoin with a Revolut card is simply prohibited, because Revolut has blocked any payment at a merchant (I wouldn’t quote the company).

For an online bank that claims to be 100% online and offers to buy crypto, this is simply unacceptable!

Yep…they claim to have a crypto section…it’s not though, they don’t prove their purchases and you can’t move the crypto to a different wallet. Technically you don’t own the crypto that they offer, which is exactly why people got into crypto in the first place.

However, there is a BIG downside.

You can’t send any cryptocurrency you purchase on Revolut outside of their platform. This is just a way for people to speculate on cryptocurrency prices (but not actually use them).

I would 100% NOT recommend Revolut’s cryptocurrency exchange.

Welcome to Finextra.

We use cookies to help us to deliver our services.

We’ll assume you’re ok with this, but you may change your preferences at our Cookie Centre.
Please read our Privacy Policy.

For Finextra’s free daily newsletter, breaking news and flashes and weekly job board.

European digital banking outfit Revolut is now letting its customers buy, hold and exchange cryptocurrency from within its app.

Blockchaiiiiinnnnn.

We’re rolling out bitcoin to more of our most active customers.

Swipe right from your Cash Card to see if you have it.

One reply on “Warning to UK users – don’t use Revolut to buy Bitcoin : Bitcoin”

Warning to UK users – don’t use Revolut to buy Bitcoin : Bitcoin

The United Arab Emirates tracks every conversation, movement, relationship, appointment, sound and image of those who install the app on their phones.

The “Riverdale” actor walked onto the mat after an opponent pulled off Joaquin’s headgear.

The actress and Goop founder is baring (almost) all while enjoying a “pre-Christmas schvitz” in her infrared sauna.

When Connecticut police officer Carlos Carmo Jr. spotted a runaway SUV with no driver and two helpless passengers freaking out inside, he realized he had to act fast. The heroics that unfolded at the corner of Boston Avenue and Bond Street in a bustling business district of Bridgeport would be hard to fathom had they not been captured on security video. Carmo, a school resource officer, was standing in a crosswalk directing traffic around 2:30 p.m.

The United Arab Emirates tracks every conversation, movement, relationship, appointment, sound and image of those who install the app on their phones.

The “Riverdale” actor walked onto the mat after an opponent pulled off Joaquin’s headgear.

Tim Allen stars in the sitcom, which first debuted in 2011 and was picked up by Fox after ABC canceled it.

Kim Kardashian’s Velvet Gown Looks Just Like the West Family’s Unique Christmas Gift Wrap

Stephen Lawrence, from Chelmsford, Essex, was fined after pleading guilty to wilful damage of the 90-year-old cedar tree in front of his house.

Alcohol is known to trigger aggression, which is thought to be down to its effect on the brain.

“You don’t need to hear from Americans with first-hand knowledge who worked with me.

Senate Majority Leader Mitch McConnell said on Monday that Republicans were not opposed to hearing witnesses in the impeachment trial of President Trump.

A House Democrat who played a key role in the impeachment of President Trump says the House should not “roll over” and quickly present the articles of impeachment to the Senate for a trial that would amount to a “farce. We’re not going to participate in a process that makes a mockery out of the Constitution,” said Rep. a member of the House Judiciary Committee, who presented the panel’s case for impeachment to the House Rules Committee.

New Zealand police said in a statement on December 23 that one person who was injured after one of New Zealand’s most active volcanoes erupted earlier this month has died from their injuries, bringing the total death toll from the incident to 17.

Today – Partly cloudy with a high of 53 °F (11.7 °C).

Winds SW at 9 to 10 mph (14.5 to 16.1 kph).

Tonight – Clear.

Winds variable at 6 to 10 mph (9.7 to 16.1 kph).

The United Arab Emirates tracks every conversation, movement, relationship, appointment, sound and image of those who install the app on their phones.

The “Riverdale” actor walked onto the mat after an opponent pulled off Joaquin’s headgear.

Tim Allen stars in the sitcom, which first debuted in 2011 and was picked up by Fox after ABC canceled it.

Kim Kardashian’s Velvet Gown Looks Just Like the West Family’s Unique Christmas Gift Wrap

Stephen Lawrence, from Chelmsford, Essex, was fined after pleading guilty to wilful damage of the 90-year-old cedar tree in front of his house.

Alcohol is known to trigger aggression, which is thought to be down to its effect on the brain.

“You don’t need to hear from Americans with first-hand knowledge who worked with me.

Going through crypto exchanges can be time-consuming and complex, so we’ve cut out the fat. Get access to cryptocurrencies in seconds at the touch of a button.

Instantly exchange any of our 30 currencies directly into Bitcoin, Litecoin, Ethereum, Bitcoin Cash and XRP, and all without breaking a sweat.

Opening an account with us takes just minutes, and because we don’t believe in branches, you can set one up directly from your phone.

Check out our real-time cryptocurrency graphs showing you our current rates, and set up price alerts for when your cryptocurrency hits a certain value.

Transfer any of our five supported cryptocurrencies to other Revolut users in seconds with no hidden fees

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

Going through crypto exchanges can be time-consuming and complex, so we’ve cut out the fat. Get access to cryptocurrencies in seconds at the touch of a button.

Instantly exchange any of our 30 currencies directly into Bitcoin, Litecoin, Ethereum, Bitcoin Cash and XRP, and all without breaking a sweat.

Opening an account with us takes just minutes, and because we don’t believe in branches, you can set one up directly from your phone.

Check out our real-time cryptocurrency graphs showing you our current rates, and set up price alerts for when your cryptocurrency hits a certain value.

Transfer any of our five supported cryptocurrencies to other Revolut users in seconds with no hidden fees

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

Now you can use Revolut for buying and selling Bitcoin instantly and securely with Paxful.

See the list of all offers with Revolut.

Get cash delivered right to your door or arrange a pickup at an agreed location nearby.

Trade in your bitcoin for hundreds of different digital currencies of your choosing.

Sell your bitcoin for up to 50% off gift cards from iTunes, Amazon, and many more of your favourite vendors!

Send funds to your bank account, PayPal account, or to friends and family anywhere in the world.

Use your bitcoin to purchase necessities like groceries, appliances, credit, and virtually anything else.

Buy bitcoin by making a transfer from your bank account to a bitcoin vendor on Paxful. Once they receive the funds, bitcoin is sent to you.

Now you can use Revolut for buying and selling Bitcoin instantly and securely with Paxful.

See the list of all offers with Revolut.

Get cash delivered right to your door or arrange a pickup at an agreed location nearby.

Trade in your bitcoin for hundreds of different digital currencies of your choosing.

Sell your bitcoin for up to 50% off gift cards from iTunes, Amazon, and many more of your favourite vendors!

Send funds to your bank account, PayPal account, or to friends and family anywhere in the world.

Use your bitcoin to purchase necessities like groceries, appliances, credit, and virtually anything else.

Buy bitcoin by making a transfer from your bank account to a bitcoin vendor on Paxful. Once they receive the funds, bitcoin is sent to you.

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.

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.

Reputation:

+243
/
-0

Once you have bitcoins you can instantly use them. You can send or spend your bitcoin with no delays.

Our escrow system protects you by holding the sellers bitcoins in escrow. When the payment is completed, the bitcoins are released to your wallet.

When you start a trade you will be speaking with a vendor via live chat.

Reputation:

+461
/
-0

Once you have bitcoins you can instantly use them. You can send or spend your bitcoin with no delays.

Our escrow system protects you by holding the sellers bitcoins in escrow. When the payment is completed, the bitcoins are released to your wallet.

When you start a trade you will be speaking with a vendor via live chat.

The important stories of innovation across the continent’s wide-ranging economies

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.

The important stories of innovation across the continent’s wide-ranging economies

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.

Although it’s simple and convenient to buy bitcoin with a debit or credit card, it’s NOT the cheapest way.

There are some exceptions, but most places will charge upwards of 4% in fees when buying bitcoin with a debit or credit card in the UK. That’s 100% unnecessary.

In this guide, I’m going to walk through some popular, well-recommended, and cheaper ways that you can buy bitcoin in the UK.

Remember: I’m not a financial advisor. Read my full disclaimer for more information.

The cheapest way to buy bitcoin in the UK is by depositing GBP into Coinbase, then transferring the funds over to Coinbase Pro (where you can buy at the real exchange rate, with low fees). You’ll have to wait 5 days before you can complete the entire process.

Buying bitcoin through Wirex is more expensive.

Although it’s simple and convenient to buy bitcoin with a debit or credit card, it’s NOT the cheapest way.

There are some exceptions, but most places will charge upwards of 4% in fees when buying bitcoin with a debit or credit card in the UK. That’s 100% unnecessary.

In this guide, I’m going to walk through some popular, well-recommended, and cheaper ways that you can buy bitcoin in the UK.

Remember: I’m not a financial advisor. Read my full disclaimer for more information.

The cheapest way to buy bitcoin in the UK is by depositing GBP into Coinbase, then transferring the funds over to Coinbase Pro (where you can buy at the real exchange rate, with low fees). You’ll have to wait 5 days before you can complete the entire process.

Buying bitcoin through Wirex is more expensive.

So Revolut (mobile bank) recently introduced cryptocurrency trading within their app for a smal 1.5% fee.

Not quite. While buying BTC is quick and efficient, you can’t move your coins to any other wallet (you don’t control the keys either) so the only option is to HODL or sell.

The catch is you sell the coins to Revolut directly and the rate they offer is about ~5% less than current BTC rate so they collect cheap Bitcoin from gullible customers.

When contacting them directly the answer they give is that they offer best available rate I could find.

They don’t actually sell btc or own it.

You just het a “token” that is equal in value to eth btc or ltc.

Stupid warning.

They are very clear that you cant move Bitcoin from Reolut.

5% off spot isnt bad.

If you send £s to a euro exchange (forex cost and fees)…

So Revolut (mobile bank) recently introduced cryptocurrency trading within their app for a smal 1.5% fee.

Not quite. While buying BTC is quick and efficient, you can’t move your coins to any other wallet (you don’t control the keys either) so the only option is to HODL or sell.

The catch is you sell the coins to Revolut directly and the rate they offer is about ~5% less than current BTC rate so they collect cheap Bitcoin from gullible customers.

When contacting them directly the answer they give is that they offer best available rate I could find.

They don’t actually sell btc or own it.

You just het a “token” that is equal in value to eth btc or ltc.

Stupid warning.

They are very clear that you cant move Bitcoin from Reolut.

5% off spot isnt bad.

If you send £s to a euro exchange (forex cost and fees)…

One reply on “Warning to UK users – don’t use Revolut to buy Bitcoin : Bitcoin”

Warning to UK users – don’t use Revolut to buy Bitcoin : Bitcoin

Fintech startup Revolut is adding Bitcoin Cash and XRP to its cryptocurrency feature.

While cryptocurrency isn’t really Revolut’s focus point, it’s a good way to get started with cryptocurrencies.

If you have a Revolut account, you can now buy and hold Bitcoin, Litecoin, Ethereum, XRP and Bitcoin Cash.

Behind the scene, the startup has partnered with Bitstamp to process the transactions.

Revolut currently charges a 1.5 percent fee for cryptocurrency transactions.

There are currently 100,000 cryptocurrency transactions per day.

Compared to a traditional cryptocurrency exchange, you can’t send or receive cryptocurrencies from your Revolut account.

You don’t get a bitcoin address for instance.

If you want to transfer those tokens somewhere else, you’ll have to sell them for USD, GBP, etc.

Going through crypto exchanges can be time-consuming and complex, so we’ve cut out the fat. Get access to cryptocurrencies in seconds at the touch of a button.

Instantly exchange any of our 30 currencies directly into Bitcoin, Litecoin, Ethereum, Bitcoin Cash and XRP, and all without breaking a sweat.

Opening an account with us takes just minutes, and because we don’t believe in branches, you can set one up directly from your phone.

Check out our real-time cryptocurrency graphs showing you our current rates, and set up price alerts for when your cryptocurrency hits a certain value.

Transfer any of our five supported cryptocurrencies to other Revolut users in seconds with no hidden fees

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

Now you can use Revolut for buying and selling Bitcoin instantly and securely with Paxful.

See the list of all offers with Revolut.

Get cash delivered right to your door or arrange a pickup at an agreed location nearby.

Trade in your bitcoin for hundreds of different digital currencies of your choosing.

Sell your bitcoin for up to 50% off gift cards from iTunes, Amazon, and many more of your favourite vendors!

Send funds to your bank account, PayPal account, or to friends and family anywhere in the world.

Use your bitcoin to purchase necessities like groceries, appliances, credit, and virtually anything else.

Buy bitcoin by making a transfer from your bank account to a bitcoin vendor on Paxful. Once they receive the funds, bitcoin is sent to you.

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.

So Revolut (mobile bank) recently introduced cryptocurrency trading within their app for a smal 1.5% fee.

Not quite. While buying BTC is quick and efficient, you can’t move your coins to any other wallet (you don’t control the keys either) so the only option is to HODL or sell.

The catch is you sell the coins to Revolut directly and the rate they offer is about ~5% less than current BTC rate so they collect cheap Bitcoin from gullible customers.

When contacting them directly the answer they give is that they offer best available rate I could find.

They don’t actually sell btc or own it.

You just het a “token” that is equal in value to eth btc or ltc.

Stupid warning.

They are very clear that you cant move Bitcoin from Reolut.

5% off spot isnt bad.

If you send £s to a euro exchange (forex cost and fees)…

I’m homeless, I’ve always been useless with money (obviously!) and I’m unable to get my head around long paragraphs of T&Cs etc.

I really want to get some bitcoin -I’ve just found I’ve got about 200 Euros in my Revolut account (I was working last year and wanted to get Bitcoin then but I had no clue how to go about it and got as far as opening a Revolut account and putting £200 on it which I exchanged into Euros because at that time I’d read that that was what you had to do to buy cryptos at Coinbase.. – anyway, that’s as far as I got because I lost my nerve and didn’t go through with it..)

So anyway, now I want to change that 200ish Euros into Bitcoin (to sit on for as long as I can..

In one transaction, I sold almost 15 of a certain altcoin on its main P2P website, funds released from escrow, and now more than two weeks later I get this: https://imgur.com/gallery/AiBwZ7h

Note that I had a balance on Revolut even before that transfer, which they don’t bother mentioning.

So the altcoins lost, and more than 3000 EUR lost as well, plus the previous balance, + time lost, + stress, + lawyer costs.

After searching their message on Google, it seems that I’m not the only victim of this business practice. I’m obviously sueing; wish me normality (therefore not luck, because I shouldn’t need luck to get my money back + damages)!

The same happened to me. I didn’t lose a big amount, but it still was a stressful situation.

you can’t do anything with revolut bitcoin as it’s not even on a blockchain..

all you can do with that thing they sell you is just sell it again on revolut..

but unless they allow withdrawal/receiving to/from btc wallets, I would not even call that bitcoin..

as clearly it’s not…

I was kinda excited about revolut crypto..

but being hugely disappointed how they implemented it is an understatement…

I’m a premium member and generally speaking positive on Revolut. But the way they handle crypto on their platform is ridiculous.

I just realized that buying Bitcoin with a Revolut card is simply prohibited, because Revolut has blocked any payment at a merchant (I wouldn’t quote the company).

For an online bank that claims to be 100% online and offers to buy crypto, this is simply unacceptable!

Yep…they claim to have a crypto section…it’s not though, they don’t prove their purchases and you can’t move the crypto to a different wallet. Technically you don’t own the crypto that they offer, which is exactly why people got into crypto in the first place.

Fintech startup Revolut is adding Bitcoin Cash and XRP to its cryptocurrency feature.

While cryptocurrency isn’t really Revolut’s focus point, it’s a good way to get started with cryptocurrencies.

If you have a Revolut account, you can now buy and hold Bitcoin, Litecoin, Ethereum, XRP and Bitcoin Cash.

Behind the scene, the startup has partnered with Bitstamp to process the transactions.

Revolut currently charges a 1.5 percent fee for cryptocurrency transactions.

There are currently 100,000 cryptocurrency transactions per day.

Compared to a traditional cryptocurrency exchange, you can’t send or receive cryptocurrencies from your Revolut account.

You don’t get a bitcoin address for instance.

If you want to transfer those tokens somewhere else, you’ll have to sell them for USD, GBP, etc.

We use cookies to help us to deliver our services.

We’ll assume you’re ok with this, but you may change your preferences at our Cookie Centre.
Please read our Privacy Policy.

For Finextra’s free daily newsletter, breaking news and flashes and weekly job board.

European digital banking outfit Revolut is now letting its customers buy, hold and exchange cryptocurrency from within its app.

Blockchaiiiiinnnnn.

We’re rolling out bitcoin to more of our most active customers.

Swipe right from your Cash Card to see if you have it.

You can’t send any cryptocurrency you purchase on Revolut outside of their platform.

This is just a way for people to speculate on cryptocurrency prices (but not actually use them).

I would 100% NOT recommend Revolut’s cryptocurrency exchange.

By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy

By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy

By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy

Mobile finance app Revolut has launched a new feature allowing users to “auto-exchange” cash and cryptocurrencies.

The firm announced Tuesday that its over 4 million users can now automatically exchange, say, U.S.

dollar (USD) to bitcoin (BTC) or ether (ETH) to XRP, based on a pre-set target rate.

Fiat-to-fiat exchanges are also possible.

Once a target rate is set in the app – either above or below current rates – Revolut said the exchange will trigger once the target has been reached.

One reply on “Warning to UK users – don’t use Revolut to buy Bitcoin : Bitcoin”