Cryptocurrency Q&A
Can I buy cryptocurrencies on Revolut?
Can I buy cryptocurrencies on Revolut?
CryptoLord
Thu Dec 12 2024
|
5 answers
1143
I'm interested in purchasing cryptocurrencies, and I'm wondering if I can do so through Revolut. I've heard of people buying and selling crypto on various platforms, but I'm specifically curious about Revolut's capabilities in this regard.
5 answers
Riccardo
Sat Dec 14 2024
When purchasing cryptocurrencies through Revolut, users should be aware of certain restrictions.
Was this helpful?
209
84
Michele
Sat Dec 14 2024
One limitation is the absence of crypto staking. This means that users cannot earn rewards or interest by holding their cryptocurrency on the platform.
Was this helpful?
249
53
Alessandro
Sat Dec 14 2024
Additionally, Revolut charges higher fees for cryptocurrency transactions compared to other platforms. This can make it less cost-effective for users to buy, sell, or trade crypto on Revolut.
Was this helpful?
80
77
CryptoKing
Fri Dec 13 2024
Another restriction is the limit on sending cryptocurrency outside the app or to an external wallet. In most countries, users are unable to transfer their crypto holdings to another wallet or platform.
Was this helpful?
319
26
CryptoTitan
Fri Dec 13 2024
Revolut also imposes crypto withdrawal limits. Users can withdraw up to £500 per day and up to £1,000 per month, which may be insufficient for some users' needs.
Was this helpful?
286
95
