A crypto withdrawal is a transaction that allows you to move your cryptocurrency balance off the Revolut platform to an external crypto wallet that you control such as a Ledger or a Trezor. This is an ‘on-chain’ transaction, meaning that your crypto is transferred via the blockchain.
How do I sell my crypto to cash?
The typical flow is as follows:
- Visit a cryptocurrency exchange.
- Create an account and verify your identity as required.
- Follow the website’s instructions to sell your bitcoin (BTC) or other digital asset.
- Withdraw the funds to your bank account.
Do I own my Crypto on Revolut?
You will own the rights to the financial value of any cryptocurrency we buy for you. We will hold your cryptocurrencies on your behalf and you will have a right (called a ‘beneficial right’) to them. This means you can tell us when to sell or transfer it (within the limits of these terms and conditions).
How do I exchange crypto Revolut?
To send cryptocurrency to a friend on Revolut Tap on the ‘Payments’ tab in-app and select one of your Revolut friends. Enter the amount you would like to send, choose the cryptocurrency from the drop-down list, and tap ‘Send’. Crypto will appear instantly in their Revolut account!
Can I withdraw crypto from Revolut? – Related Questions
Can I convert crypto to cash on Revolut?
With Revolut you can convert your cryptocurrency from and to fiat in just a few seconds if you select a Market Order. The transaction will first go into a pending state within the app, and then we will attempt to fulfil the exchange.
How do you close crypto on Revolut?
Select the currency account you want to deactivate.
To remove your currency account:
- Make sure there’s no money on it.
- Select your empty currency pocket.
- Click the three dots ” button to open the overflow menu.
- Select ‘Details’
- Open the overflow window by clicking the three dots button.
- Hit ‘Close’
Can I transfer Revolut crypto to Coinbase?
As for crypto merchants, we currently support the following list: Xapo, crypto.com, MoonPay, Bitstamp, Kraken, Coinbase, Gemini, Bitpanda, Coinfloor, Binance, and we are reviewing this list on a regular basis.
Can you transfer crypto from Revolut to Binance?
You can transfer fiat money from your bank to your Revolut account, then make a trade that converts your USD or EUR into BTC/ETH or any of the other 8 crypto tokens listed on their platform. Once you’ve made your trade and converted it into an altcoin, you can then transfer it over to Binance for actual trading.
How do I enable crypto feature on Revolut?
The cryptocurrency feature is available to customers residing in all states. You can activate cryptocurrencies by reading and accepting our terms and conditions. Just go to the ‘Crypto’ tab in the home screen or tap the ‘Crypto’ icon in the ‘Wealth’ section of the Hub.
Why can’t I see all crypto on Revolut?
Your cryptocurrency exposure is stored on our internal ledger (which is a record of all debits and credits that occur within the Revolut platform) and is used to attribute funds to your account. That is why, it is not possible to view your crypto exposure on the blockchain.
How do I withdraw money from Revolut?
Just tap on the ‘Withdraw’ button on the Savings Vault and enter the amount you wish to withdraw. We aim to transfer your funds to your Revolut account almost instantly; so you can use them straight away. However, withdrawals can take up to one business day to reach your account.
How do I withdraw crypto to my bank account?
Here is what you will have to do if you want your money transferred:
- Open the Crypto.com application.
- Link a preferred bank account if you haven’t already.
- At the bottom of your screen, you will see a pop-up that gives you two options, respectively “deposit” and “withdraw”.
- Select “Withdraw”.
Does Revolut charge fees for crypto?
Will Revolut apply a fee to my cryptocurrency exchange? The fee varies depending on what plan you are on, if you have Standard or Plus plan, the fee will be 2.5%, and for Premium and Metal, the fee will be 1.5%. Any cryptocurrency exchange will reflect on your currency exchange usage limit.
How much does it cost to withdraw crypto?
There is a 1% fee to convert and withdraw your crypto to cash in addition to standard network fees. A network fee is necessary in order to have your transaction processed by the decentralized cryptocurrency network.
Which is better Coinbase or Revolut?
Coinbase vs Revolut cryptocurrency exchange overall score comparison reveals that Coinbase has a higher overall score of 7.3, while Revolut gathered an overall score of 7.5.
How much does it cost to sell crypto?
Fees are four percent at the high end, however, if you’re buying cryptocurrencies through a bank transfer they can be as low as 1.49 percent.
Buy/sell transactions.
| Transaction Amount |
Flat Fee |
| <$10 |
$0.99 |
| $10<x<$25 |
$1.49 |
| $25<x<$50 |
$1.99 |
| $50<x<$200 |
$2.99 |
How can I sell crypto without fees?
Using Robinhood or Trading Bitcoin Stocks to Trade Crypto Commission-free: You can essentially still trade crypto without commission by using Robinhood to trade crypto or by trading Grayscale trusts (like GBTC) or Bitcoin ETFs (like BITO) with some brokers (some brokers charge fees, others don’t; check with your’s).
How do I avoid withdrawal fees on crypto?
Note: Transferring crypto to your Crypto.com Wallet App’s address will also incur a fee if completed on-chain. To avoid a fee, please use the Withdraw to App function. Withdrawal fees will be settled in the currency you are receiving and can not be paid with CRO.
How do I avoid crypto transaction fees?
How To Minimize Crypto Trading Fees
- Use an Exchange With Commission-Free Trading.
- Buy Cryptocurrency With Coins.
- Watch Transaction Amounts.
- Be Strategic About Your Transaction Types.
- Offset Crypto Fees by Taking Advantage of Promotions.
What’s the cheapest crypto to transfer?
Cryptocurrency with lowest transaction fees
- Vertcoin: 0.002 dollars fee in average.
- Bitcoin Cash: 0.0025 USD fee per transaction.
- Dash: exchange fee equals $0.0051.
- Litecoin’s fee is $0.042.
- DOGE: while Doge itself costs less than a dollar, its transaction fee of $0.242 remains extremely low,