How To Use Cryptocurrency Revolut

Buy crypto in 25 fiat currencies it s now super easy to exchange.

How to use cryptocurrency revolut. You can use it to buy and sell goods and services you can trade on it and you can exchange it for different currencies. Revolut allows all users to try cryptocurrencies. Share on twitter tweet. Add the proceeds from the sale to your revolut account. Translated into plain english this means that the price is weighted in favour of the price that has seen the most volume in a defined time period.

You cannot receive the proceeds from a sale in any other way. Revolut has since entered the cryptocurrency space by allowing users to buy and sell 5 different coins. Think about what your goals are when buying cryptocurrency and then decide if buying it from revolut is the best choice. You can buy sell 3 crypto very easily from your existing fiat currency wallet and even pay with it revolut will convert back to fiat when paying. Revolut s cryptocurrency prices are calculated using the volume weighted average price vwap.

Share on facebook share. You can transfer cryptocurrency to other revolut customers in the revolut app. Transferring cryptocurrency to other revolut customers. Whilst this may raise its own questions a cryptocurrency works in the same way as other currencies. On the exchange people indicate how much cryptocurrency they would either like to buy or sell and how much for.

How does a cryptocurrency exchange work. Sell the cryptocurrency at the exchange rate at the time. This is all based on price data from bitstamp who is revolut s cryptocurrency exchange partner. Today its users received an email advising them that the company s cryptocurrency feature is now available for revolut standard users. Many people buy sell crypto only for investments purposes therefore the current solution from revolut works perfectly.

One of europe s largest and most successful fintech companies is getting serious about taking cryptocurrencies to the masses. A cryptocurrency is a digital or virtual currency that is defined by its use of cryptography a discipline that uses mathematical concepts and techniques to secure information. Without cryptography the cryptocurrency system could not exist in the way that it does today. To buy cryptocurrency go to the cryptocurrencies section of the revolut dashboard accept the t cs and start exchanging crypto in minutes. Introducing the easiest way to instantly buy hold and exchange bitcoin ether and litecoin.