Revolut Cryptocurrency - Buy Bitcoin & co with the best possible exchange rate in 30s
Revolut introduces the easiest, fastest way to buy, hold and exchange Bitcoin, Ether and Litecoin at the best possible exchange rate.
Revolut introduces the easiest, fastest way to buy, hold and exchange Bitcoin, Ether and Litecoin at the best possible exchange rate.
Replies
'Buying' means something closer to 'invest'. Revolut doesn't let you withdraw any of the cryptocurrencies, or deposit any to sell. The fees are also higher than Coinbase (which is already very high).
Pros:Fast
Cons:No withdrawal or deposit, high fees
They made their name by being the best banking service with superior exchange rates just to cheat their users by hund of £££ on appallin spread on ”crypto currency“ only in quot as you won’t get any real crypto or you can’t pay with it. You can only sell it back for much worse rate than you bought it (I am talking hundreds ££ even if you do the buy/sell at one moment). AVOID at any costs!
Pros:none
Cons:Cheaters
Equidam
I have much greater trust in Revolut as a regulated financial services company, than I do in any crypto exchange.
If you are treating crypto as an asset rather than a currency - which I think is most people these days - this is a fantastic product.
Pros:Super quick and easy, fundamentally secure
Cons:It's closer to a CFD
ideal for crypto beginners
Pros:Super easy and fast
Cons:Can’t send to other wallet
Have a long way to go before becomes really worth using.
Pros:Fast/convenient
Cons:No deposit/withdrawal. Very high fees. no limit orders
It would be awesome to have the possibility to send and receive crypto as well, it would be amazing to top up from a different crypto's wallet, but still, a very good intro to crypto
Pros:Easy way to learn about cryptos
Cons:Is more like a forex then an exchange
If I could, I would downvote it. Recently, instead of focusing on their core business Revolut started doing random shit. This obviously affects them since even I, an old user, started using their competitors more now (Starling, Monzo, and I'm looking at using Transferwise soon).
Pros:None
Cons:Useless, high spread, buggy.
Revolut Bank
I have been using revolut for more than 2 years now, and what's good is that it's easy to use, very fast and the most important the security ! 100% safe , strong recommendation
Pros:fast, easy and secure
Cons:rates even if they are among the best available in the market
It is only like future trading, you can do nothing white coin. Isnt a good idee to buy buy Revolut your crypto. Isnt the spirit of crypto currency.
and the spread it really bad Around 6%.
Pros:Easy to use
Cons:No withdrawal or deposit. Big spread/fees ? No confirmation when you buy/sell
Before I enjoyed using Revolut. They actually cheated me into buying the premium account, pretending you could trade crypto's. Be aware. First of all you don't actually own the private key to the coins and you can't move them from their platform. So basically you can't do anything with them. Making it useless buying crypto's on their platform.
Pros:----
Cons:You don't actually own the private key to the coin, expensive to buy and sell
The fees are absolutely insane. No transfer to other wallet. So pretty much useless crypto functions.
Pros:Fast
Cons:Insane exchange rates
All in all ok
Pros:Easy trading
Cons:High commissions
Please reduce the fees, than it will be great!
Pros:Very Fast!
Cons:the fees
For anyone who wants to test the waters with Crypto Currencies, there is by far no other solution as good as Revolut!
Pros:Quick, easy, non-complicated
Cons:Nothing
You don't get real cryptocurrency. You can do nothing with it, only sell back to Revolut with a ridiculous spread. No transfer to your wallet or exchange of your choice no private keys, nothing. Avoid!
Pros:None
Cons:Plain cheating
Cannot be used directly, always needs to be converted back to Fiat money
Pros:Simple
Cons:Cannot be exchanged outside Revolut
Revolut is ahead in fintech! I have been using it for years now and I'm very satisfied.
Pros:Best in market commissions, seamless experience with the other currencies in Revolut's wallet
Cons:Can't trasfer crypto currencies to external wallets (i.e. pay with Bitcoin) and historical data is not complete for all currencies.