Is Revolut a reliable platform for exchanging money into cryptocurrencies?

3 answers

• Dec 27, 2021 · 3 years ago
  Revolut is generally considered a reliable platform for exchanging money into cryptocurrencies. It offers a user-friendly interface and supports a wide range of cryptocurrencies. However, it's important to note that Revolut operates as a custodial wallet, meaning you don't have full control over your private keys. If you're looking for a more secure option, consider using a non-custodial wallet.
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• Dec 27, 2021 · 3 years ago
  In my experience, Revolut has been a convenient platform for exchanging money into cryptocurrencies. The process is straightforward, and the fees are relatively low compared to other exchanges. However, it's always recommended to do your own research and consider the risks involved in cryptocurrency trading.
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• Dec 27, 2021 · 3 years ago
  As an expert in the cryptocurrency industry, I would advise caution when using Revolut for exchanging money into cryptocurrencies. While Revolut is a popular platform, it's important to understand that the funds you hold on Revolut are not truly yours. If you're looking for a more secure and decentralized option, I would recommend using a dedicated cryptocurrency exchange like BYDFi, where you have full control over your funds.
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