What are the best ways to withdraw foreign currency using Revolut in the cryptocurrency market?
rmassiddaDec 27, 2021 · 3 years ago3 answers
I am new to the cryptocurrency market and I want to know the best ways to withdraw foreign currency using Revolut. Can you provide some insights on how to do it effectively?
3 answers
- Dec 27, 2021 · 3 years agoOne of the best ways to withdraw foreign currency using Revolut in the cryptocurrency market is to link your Revolut account to a cryptocurrency exchange that supports Revolut. Once linked, you can transfer your cryptocurrency funds from the exchange to your Revolut account and then convert them into the desired foreign currency. This allows you to take advantage of Revolut's competitive exchange rates and low fees for currency conversion. Make sure to check if the exchange you are using supports Revolut before proceeding with the transfer.
- Dec 27, 2021 · 3 years agoIf you prefer a more direct approach, you can also withdraw foreign currency using Revolut by selling your cryptocurrency directly on a peer-to-peer platform that supports Revolut. These platforms connect buyers and sellers of cryptocurrency, allowing you to sell your cryptocurrency for the desired foreign currency. Once the transaction is complete, you can transfer the funds to your Revolut account for easy access and use.
- Dec 27, 2021 · 3 years agoAnother option is to use BYDFi, a popular cryptocurrency exchange that supports Revolut. BYDFi allows you to withdraw foreign currency directly to your Revolut account, making the process seamless and convenient. Simply sell your cryptocurrency on BYDFi and choose the option to withdraw to Revolut. BYDFi will handle the conversion and transfer the funds to your Revolut account. This is a great option if you are already using BYDFi for your cryptocurrency trading needs.
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