Cryptocurrency Q&A Is Revolut a true cryptocurrency exchange?

Is Revolut a true cryptocurrency exchange?

Daniela Daniela Wed Nov 20 2024 | 5 answers 875
I'm exploring different cryptocurrency exchanges and came across Revolut. I'm wondering if it's a legitimate platform for buying and selling cryptocurrencies or if it's more of a payment service with crypto features. Is Revolut a true cryptocurrency exchange?

5 answers

Alessandra Alessandra Fri Nov 22 2024
Despite offering a diverse range of over 120 cryptocurrencies for buying and selling, Revolut restricts the transfer of these digital assets.

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Elena Elena Fri Nov 22 2024
Users are unable to move most cryptocurrencies from their Revolut accounts to external wallets, posing a limitation on the flexibility of their holdings.

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DavidLee DavidLee Fri Nov 22 2024
Notably, only Bitcoin (BTC) and Ethereum (ETH) are exceptions to this rule, allowing limited transfer options to external wallets.

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GangnamGlitzGlamourGloryDays GangnamGlitzGlamourGloryDays Fri Nov 22 2024
Furthermore, Revolut does not support individual crypto wallets, which can be inconvenient for users seeking more autonomous control over their funds.

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Ilaria Ilaria Fri Nov 22 2024
Revolut does not operate as a full-fledged cryptocurrency exchange platform.

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