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While they claim to be pro-crypto and easy to register a few people have sent us proofs this is not true at all.
What is Revolut ?
They claim to be easy and cheap online bank for people. You can make there personal and business accounts and they say BTC, ETH and LTC usage is accepted. No deposit fees. No subscription fees. No exit fees. We only charge a simple, low-cost 1.5% markup on the average exchange price. Always get one simple, transparent exchange rate.
Thing is you can buy cryptos but you cannot send them anywhere. You can only sell.
Easily Open Business Account and Trade Crypto ?
And now the main problem which a few of our readers spoke of. Revolut will not let you make company account if you want to trade Bitcoin or other cryptocurrencies. You are not allowed to accept wires into or from exchanges! So pretty much they use hype of crypto yet users cant have any play with this “future banking”. It is really sad because it looked like good service especially having 3 main coins but there’s really no use of it at this point.
Actually, if you have ever used Revolut you indeed can buy or sell BTC and LTC but you cannot deposit or withdrawal them.
Hopefully, this changes since the idea behind the company is amazing just it seems it’s not working yet as it should.