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Are there any restrictions on transferring cryptocurrencies from Revolut to external wallets?

avatarprateekgroupDec 28, 2021 · 3 years ago3 answers

What are the restrictions on transferring cryptocurrencies from Revolut to external wallets?

Are there any restrictions on transferring cryptocurrencies from Revolut to external wallets?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Yes, there are restrictions on transferring cryptocurrencies from Revolut to external wallets. Revolut currently only allows you to buy, sell, and hold cryptocurrencies within their platform. You cannot transfer your cryptocurrencies to an external wallet or another exchange. This means that you have limited control over your cryptocurrencies and cannot fully utilize the benefits of owning them. However, Revolut is constantly updating its features, so it's possible that they may allow external transfers in the future. Keep an eye out for any announcements from Revolut regarding this matter.
  • avatarDec 28, 2021 · 3 years ago
    Unfortunately, Revolut does not currently support transferring cryptocurrencies to external wallets. You can only buy, sell, and hold cryptocurrencies within the Revolut app. This means that you cannot send your cryptocurrencies to another wallet or exchange. If you need to transfer your cryptocurrencies to an external wallet, you will have to use a different platform or exchange that supports such transfers. It's always a good idea to research and choose a platform that aligns with your specific needs and preferences.
  • avatarDec 28, 2021 · 3 years ago
    As of now, Revolut does not allow transferring cryptocurrencies to external wallets. This is a limitation of their platform and is designed to provide a seamless and secure experience for their users. While it may be frustrating for those who prefer to have full control over their cryptocurrencies, Revolut offers other features and benefits that make it a popular choice for many users. If you require the ability to transfer cryptocurrencies to external wallets, you may want to consider using a different exchange or wallet provider that offers this functionality.