23 ms·

Huh? https://www.revolut.com/exchange-cryptocurrency https://www.revolut.com/exchange-cryptocurrency "Instantly exchange any of our 29 currencies directly into

by chx 7y ago

Huh? https://www.revolut.com/exchange-cryptocurrency https://www.revolut.com/exchange-cryptocurrency "Instantly exchange any of our 29 currencies directly into Bitcoin, Litecoin, Ethereum, Bitcoin Cash and XRP, and all without breaking a sweat."

StavrosK 7y ago
Yeah, they don't let you withdraw or deposit any. You have to convert it back to fiat to withdraw.
- chx 7y ago
  Interesting service. https://www.revolut.com/help/exploring-revolut/exchanging-cryptocurrencies/what-can-t-i-do-with-revolut-cryptocurrency/can-i-transfer-my-cryptocurrency-interest-to-another-wallet/ https://www.revolut.com/help/exploring-revolut/exchanging-cr... > You will not be able to transfer cryptocurrency interests to outside of the Revolut platform, eg. external wallets. And https://www.revolut.com/en-DE/help/exploring-revolut/exchanging-cryptocurrencies/what-can-t-i-do-with-revolut-cryptocurrency/can-i-receive-cryptocurrencies-sent-to-my-revolut-account/ https://www.revolut.com/en-DE/help/exploring-revolut/exchang... > You can receive cryptocurrency interests sent by another Revolut user. However, you will not be able to receive cryptocurrencies sent from outside of the Revolut platform, eg. external wallets Nonetheless, they must be buying and holding crypto"currency" which is enough for me to disqualify. It's better than going full exchange but still.
  - StavrosK 7y ago
    > Nonetheless, they must be buying and holding crypto"currency" which is enough for me to disqualify. It's better than going full exchange but still. They don't need to, really. They just need to pay you if the price goes up. You're selling them fiat for the promise that they'll buy it back at some point for the new price.
    - chx 7y ago
      > They don't need to, really. They just need to pay you if the price goes up. That'd introduce a risk to Revolut no sane company can possible take.

by chx 7y ago

StavrosK 7y ago

Yeah, they don't let you withdraw or deposit any. You have to convert it back to fiat to withdraw.

chx 7y ago
Interesting service. https://www.revolut.com/help/exploring-revolut/exchanging-cryptocurrencies/what-can-t-i-do-with-revolut-cryptocurrency/can-i-transfer-my-cryptocurrency-interest-to-another-wallet/ https://www.revolut.com/help/exploring-revolut/exchanging-cr... > You will not be able to transfer cryptocurrency interests to outside of the Revolut platform, eg. external wallets. And https://www.revolut.com/en-DE/help/exploring-revolut/exchanging-cryptocurrencies/what-can-t-i-do-with-revolut-cryptocurrency/can-i-receive-cryptocurrencies-sent-to-my-revolut-account/ https://www.revolut.com/en-DE/help/exploring-revolut/exchang... > You can receive cryptocurrency interests sent by another Revolut user. However, you will not be able to receive cryptocurrencies sent from outside of the Revolut platform, eg. external wallets Nonetheless, they must be buying and holding crypto"currency" which is enough for me to disqualify. It's better than going full exchange but still.
- StavrosK 7y ago
  > Nonetheless, they must be buying and holding crypto"currency" which is enough for me to disqualify. It's better than going full exchange but still. They don't need to, really. They just need to pay you if the price goes up. You're selling them fiat for the promise that they'll buy it back at some point for the new price.
  - chx 7y ago
    > They don't need to, really. They just need to pay you if the price goes up. That'd introduce a risk to Revolut no sane company can possible take.