how to buy crypto with revolut

To purchase cryptocurrency through Revolut, users should begin by downloading the app, creating an account, and completing identity verification before funding their accounts.

Jan 27, 2025 at 05:39 pm

Key Points

• Sign up for a Revolut account
• Verify your identity
• Fund your account
• Choose the cryptocurrency you want to buy
• Enter the amount you want to buy
• Confirm your purchase

Detailed Guide

1. Sign up for a Revolut account

To buy crypto with Revolut, you first need to sign up for an account. You can do this by downloading the Revolut app from the Apple App Store or Google Play Store. Once you have downloaded the app, you can create an account by entering your email address, phone number, and creating a password.

2. Verify your identity

Once you have created an account, you will need to verify your identity. This is a requirement for all Revolut users, and it helps to prevent fraud and money laundering. To verify your identity, you will need to provide Revolut with a government-issued ID, such as a passport or driver's license.

3. Fund your account

Once your identity has been verified, you will need to fund your Revolut account. You can do this by linking a bank account or credit card to your Revolut account. Once you have linked a funding source, you can transfer funds into your Revolut account.

4. Choose the cryptocurrency you want to buy

Once your account is funded, you can start buying crypto. To do this, tap on the "Crypto" tab in the Revolut app. On this screen, you will see a list of all the cryptocurrencies that Revolut supports. Tap on the cryptocurrency that you want to buy, and then tap on the "Buy" button.

5. Enter the amount you want to buy

On the next screen, you will need to enter the amount of cryptocurrency that you want to buy. You can enter the amount in either fiat currency (such as USD or EUR) or in cryptocurrency units (such as BTC or ETH).

6. Confirm your purchase

Once you have entered the amount that you want to buy, tap on the "Buy" button. Revolut will then confirm your purchase, and the cryptocurrency will be added to your Revolut account.

FAQs

What are the fees for buying crypto with Revolut?

Revolut charges a flat fee of 2.5% on all crypto purchases. This fee is included in the price of the cryptocurrency that you buy.

What are the limits on buying crypto with Revolut?

The limits on buying crypto with Revolut vary depending on your account level. Standard account holders can buy up to €20,000 worth of crypto per month. Premium account holders can buy up to €100,000 worth of crypto per month.

Can I sell crypto with Revolut?

Yes, you can sell crypto with Revolut. To do this, tap on the "Crypto" tab in the Revolut app, and then tap on the cryptocurrency that you want to sell. Tap on the "Sell" button, and then enter the amount of cryptocurrency that you want to sell. Revolut will then confirm your sale, and the proceeds will be added to your Revolut account.

Is it safe to buy crypto with Revolut?

Yes, it is safe to buy crypto with Revolut. Revolut is a regulated financial institution, and it uses industry-leading security measures to protect its users' funds.

What are the benefits of buying crypto with Revolut?

There are many benefits to buying crypto with Revolut, including:

• Convenience: Revolut makes it easy to buy and sell crypto, and you can do it all from your mobile phone.
• Security: Revolut uses industry-leading security measures to protect its users' funds.
• Low fees: Revolut charges a flat fee of 2.5% on all crypto purchases, which is lower than the fees charged by many other crypto exchanges.
• Wide selection of cryptocurrencies: Revolut offers a wide selection of cryptocurrencies to buy and sell, including Bitcoin, Ethereum, Litecoin, and many others.