Question 1

How does Revolut work?

Accepted Answer

Revolut integrates cryptocurrency services into its all-in-one financial app, allowing users to buy, sell, hold, and exchange over 200 cryptocurrencies. The platform offers features like real-time trading, recurring purchases, and seamless conversion between fiat and crypto. Users can also manage their crypto alongside traditional banking services, creating a streamlined experience for both beginners and experienced traders.

Question 2

Is Revolut a secure platform?

Accepted Answer

Revolut employs advanced security measures such as end-to-end encryption, cold storage for most crypto assets, and two-factor authentication to protect user accounts. It adheres to strict regulatory standards in multiple jurisdictions and partners with trusted custodians to safeguard funds. Additionally, its risk monitoring tools continuously monitor for suspicious activity, ensuring a secure environment for cryptocurrency transactions.

Question 3

How to use Revolut?

Accepted Answer

To use Revolut's crypto features, users must first complete onboarding by verifying their identity and accepting the terms and risk warnings. Once onboarded, they can navigate to the "Crypto" section in the app to buy or sell cryptocurrencies by selecting the desired token, entering the amount, and confirming the transaction. The app also supports recurring purchases, staking options (in eligible regions), and transfers to external wallets for select cryptocurrencies.

Question 4

What services does Revolut offer?

Accepted Answer

Revolut provides a wide range of crypto services, including buying, selling, holding, and staking over 200 cryptocurrencies. It supports features like recurring buys, auto-exchange based on target rates, and internal transfers between users. The platform also offers educational tools through its "Learn & Earn" program and allows eligible users to withdraw crypto to external wallets while integrating these services seamlessly with traditional banking functionalities.