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.
easy to buyCons:
you don't own the crypto / can't send it to another wallet
This is very dangerous. Revolut may get hacked like nicehash did yesterday, and you lose all your BTC. Plus, you can't trade it with anyone apart from Revolut (ie. you can't choose which exchange to sell it on).Bruno Crosier has used this product for one year.
Cheap, does what it saysCons:
Your BTC is stuck in Revolut. You must as well call it Revolut BTC.
Like with everyone, this flies against everything cryptos stand for. You are unable to withdraw any of the cryptos in your wallet and this in effect centralizes your BTC to Revolut. Really scary stuff.Praveen has used this product for one week.
highest fees in the market, you don't hold the coins
This is a very dangerous product and I hope they either give users access to their private keys or at least to hashcodes proving the assets they bought are real or that people wise up and use true crypto wallets and exchanges.
Products like this go against the benefits of crypto technology.Pedro Esperanca has used this product for one week.
Super easy, and held by a trusted financial companyCons:
More of an 'investment' product than a 'currency'
This implementation really seems to be aimed at people who see cryptocurrencies as an investment asset, rather than a true currency - and I think that's a fairly accurate assessment of the market at the moment. Who is really spending their bitcoin right now?Dan Gray has used this product for one day.
One of the best signup experiences ever, very cool appCons:
It seems that I cant send my crypto currency to my other wallets outside Revolut - Gutted!
Please please allow us to buy crypto and send to other wallets. This is not a nice to have feature, it's a must have.
I wanted to sign up my whole company to a Business account but now this has made me stop.
When will we be able to send cryptos out of revolut?Rus Sellers has used this product for one day.
Actually found a route into crypto. Many oither providers are buckling under the pressureCons:
Your investment is trapped in Revolut. You can't move it out to another wallet. Also, the exchange rates seem a little low.
This has the potential to be the mainstream challenger to Coinbase. But why in the name of everything good in the world would you want your investment tied up in one place? I invested through this and plan to reverse it to a fiat currency and then reinvest through a platform that actually lets me in - validation is really slow on a lot of platforms, but Revolut was nice and fast.Martin Meany has used this product for one week.
You can't sell your cryptos anyone but only to Revolut.
Do not use Revolut cryptos, it's not your crypto, it is just a number in the Revolut app. No market, no market price just Revolut price. And price come from Revolut.
You can't move your BTC/LTC/ETH your wallet. It's fixed to Revolut's centralized wallet.syck has used this product for one day.
nice and neat interface
the ui does not tell you always when is loading during the registering process
postcode search not working (UK)
it is a bit fake advert, it is saying "no fees on cryptocurrencies" but then it required "just for now" a premium account for 6.99£ a month, it is a bit of a joke, since it was stating in here that is FREE/NO FEES you pay fees, they are just different kind of fees. I wasnt expecting it to be completly free, but a bit of honestyvikkio88 has used this product for one day.
Terrible company, not recommended for any useCons:
No recommendation. Scammed thousands and closed account without replying
Inadequate company. It is understandable that Revolut is a business and making profit out of the business is a healthy attitude. For any company running business out of legal rights is certainly not acceptable. A business should act and arrange business cooperation and customer management by following legal manners instead of following injunction of 3rd parties. According to EU and UK law no business has legal right to enforce cooperative company to collect as sensitive information as bank statement of customers and handover them to 3rd parties! They do not even have a telephone service. This is another fast growing company which is directing to an end. We will not recommend this company to anyone wishing serious business. ________________________________________
On 06.04.18 we have received an email from trustpilot.com advising changes in our review as Revolut has reported this review as offensive. We also have requested trustpilot.com to point out any improper word(s)/section by mentioning to them the following: * Revolut Blocked account, never informed about blocking and never did provide with a reason of blocking account * Per their banking partner’s request they required us to send them our customers’ bank statement, which they planned to forward to their bank!, completely illegal * They required us to explain them about withdrawals from our own account, own funds and tell them what did we do with the money, we are not supposed to be obliged to explain about how do we spend our moneyKamagraDeal has used this product for one year.
Chea, Great UICons:
Not your coin, you can't move it to another wallet - renders it useless
So Revolut App launches crypto support but offers no way to transfer your coin to another wallet.... So how can I buy stuff in BTC with this?
Use support in-app to cancel your premium membership if like me you you only got it on the assumption crypto would be treated like fiat.craig t smith has used this product for one day.
Super Easy and FastCons:
Would add a "confirmation" screen in case you make a mistake.
I was eagerly waiting for Revolut to launch cryptos as they were teasing this feature via social media for a while. Tested upon launch, it worked like magic. Finally a quick, easy and trustworthy way to exchange and store your coins.Dimitris Litsikakis has used this product for one week.
- easy to accessCons:
- its just a number in app, we don't get Bitcoins.
- fake advert
I would avoid them as they offer lowest price to sell Cryptocurrencies (any other market offer better price) and it cannot be withdrawn to the wallet which means they sell us a number in their application.Damian has used this product for one week.
My experience with this app is terrible. When exchanging fiat to BTC, my exchange was successful - according to the app. My balances were not yet updated. After 3 wasted hours on chat, I was informed that the exchange was reversed and I was advised to exchange again. Of course the rate changed extremely in the meantime.
I was not notified nor warned about such issue and had to ask for answers myself, spending hours on the chat.
This is a very poor service and the crypto currency exchange on this platform truly is a joke, so stay away.Jakub Nosek has used this product for one month.
Nice app and easy access to modern banking servicesCons:
Bragging about low prices while applying their own secret weighted pricing structure to crypto currency trades + 1.5% markup on top
Basically they speculate in people speculating on crypto currenc. That’s fine. But when they say they are providing some of the best terms, when they most definitely do not, they are basically lying to their customers. That’s bad, even when your app looks good and your services are easy to use.Daniel R. Döderlein has used this product for one year.
revolut's UI/UX easyCons:
NO wallet in essence means you dont own any crypto.
I was incredibly dissapointed to no be able to move my crypto to Revolut. Dont think i will trade any digital on there.Hugo Santos has used this product for one year.
it's a paid feature, you have to spend a lot of money to get there.
also super dangerous because you can't move the currency
I'm sad they released the feature like this. Be careful where you store your cryptocurrency. Very dangerous.Ruben Fonseca has used this product for one year.
It’s simply the best!Baby Names has used this product for one month.
Exchange in secs, low feesCons:
missing % to get a view of your investment
give us more coinsAkatama Makata has used this product for one month.
Best Experience EverCons:
Missing my favourite coin: IOTA!
Love the design of the graphsGeorge Mare has used this product for one month.
Invest from your mobileCons:
not available in US
international expansion could be huge for this appPaul Kerry has used this product for one month.