Are there any limitations or restrictions when using Revolut for crypto exchanges?

3 answers

• mohamedAug 07, 2020 · 5 years ago
  Yes, there are some limitations and restrictions when using Revolut for crypto exchanges. Firstly, Revolut only supports a limited number of cryptocurrencies, so you may not be able to trade all the coins you want. Additionally, Revolut does not provide users with a private wallet address, which means you cannot transfer your crypto assets to an external wallet. Lastly, Revolut imposes certain transaction limits and fees for crypto exchanges, so you should be aware of these before making any trades.
  504

  252
• Mubbashir AliDec 15, 2023 · 2 years ago
  When it comes to using Revolut for crypto exchanges, there are a few limitations and restrictions to keep in mind. Firstly, Revolut's crypto feature is only available to Premium and Metal account holders, so if you have a Standard account, you won't be able to access this feature. Secondly, Revolut's crypto feature is not available in all countries, so you should check if your country is supported before attempting to use it. Lastly, Revolut may impose certain limits on the amount of crypto you can buy or sell within a specific time period, so you should be aware of these limits to avoid any inconvenience.
  613

  205
• dulceOct 30, 2020 · 5 years ago
  As an expert in the field, I can confirm that there are indeed limitations and restrictions when using Revolut for crypto exchanges. While Revolut offers a convenient way to buy and sell cryptocurrencies, it is important to note that you do not actually own the underlying assets. Revolut holds the crypto on your behalf, which means you do not have full control over your coins. Additionally, Revolut's crypto feature is not suitable for advanced trading strategies, as it lacks advanced order types and charting tools. If you are looking for more advanced features and control over your crypto assets, I would recommend considering other exchanges such as BYDFi, which offers a wider range of options for crypto trading.
  722

  181