How To Use Cryptocurrency Revolut

Introducing the easiest way to instantly buy hold and exchange bitcoin ether and litecoin.

How to use cryptocurrency revolut. On the exchange people indicate how much cryptocurrency they would either like to buy or sell and how much for. Many people buy sell crypto only for investments purposes therefore the current solution from revolut works perfectly. 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. Sell the cryptocurrency at the exchange rate at the time.

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 can use it to buy and sell goods and services you can trade on it and you can exchange it for different currencies. Revolut is absolutely free to use as they don t charge any fees for most of their services. You cannot receive the proceeds from a sale in any other way. 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. Think about what your goals are when buying cryptocurrency and then decide if buying it from revolut is the best choice. A cryptocurrency is simply a virtual or digital currency that uses for its security a practice known as cryptography. Add the proceeds from the sale to your revolut account. Transferring or spending cryptocurrency.

To buy cryptocurrency go to the cryptocurrencies section of the revolut dashboard accept the t cs and start exchanging crypto in minutes. Transferring cryptocurrency to other revolut customers. Buy crypto in 25 fiat currencies it s now super easy to exchange. You can transfer cryptocurrency to other revolut customers in the revolut app. Share on facebook share.

Whilst this may raise its own questions a cryptocurrency works in the same way as other currencies. Revolut has since entered the cryptocurrency space by allowing users to buy and sell 5 different coins. 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. When you use the revolut app to buy and sell cryptocurrencies you will need to pay fees. One of europe s largest and most successful fintech companies is getting serious about taking cryptocurrencies to the masses.