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Revolut Crypto Withdrawal: A Comprehensive Guide

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By , Updated On March 11, 2024

Revolut, a global fintech innovator, has been turning heads in the industry with its user-friendly interface and innovative features for years now. Today, when it comes to managing your digital cash, whether it’s for everyday transactions, investing in stocks, or engaging in crypto gambling, Revolut is one of the top picks.

In this article, we’ll cover all you need to know about withdrawing cryptocurrency using Revolut, a standout feature for crypto users. We’ll delve into withdrawal limits, fees, and more to give you the full picture.


Understanding Revolut’s Cryptocurrency Withdrawal

Revolut is a go-to secure platform for buying, holding, and trading various cryptocurrencies, including Bitcoin, Ethereum, and many others. What sets Revolut apart is that it’s all integrated, allowing you to manage both regular money and digital currencies in one user-friendly app.


Can I Withdraw Crypto from Revolut?

Wondering if you can withdraw your crypto stash out of Revolut? Well, good news—you can! But while Revolut allows cryptocurrency withdrawals, there were certain considerations:

  • External wallets: You can send your crypto to external wallets or exchanges, but there are a couple of things to keep in mind. First off, you must complete the necessary verification and meet withdrawal limits.
  • Exchanges: You could also transfer cryptocurrencies to supported cryptocurrency exchanges or platforms.
  • Cancellation: According to Revolut’s policy, once a cryptocurrency withdrawal is initiated, it can’t be cancelled or reversed. So it’s importantl to double-check all withdrawal details before you hit confirm.


How to Withdraw Crypto from Revolut

Now, let’s get down to the practical aspect of how to withdraw crypto from your Revolut account. Follow these simple steps:

  1. Open the Revolut app: Launch the Revolut app on your device and log in to your account.
  2. Access your cryptocurrency wallet: From the main dashboard, navigate to your cryptocurrency wallet by tapping on the ‘Crypto’ tab.
  3. Choose the cryptocurrency: Select the cryptocurrency you wish to withdraw from your Revolut wallet.
  4. Initiate withdrawal: Tap on the ‘Withdraw’ button, which is usually represented by a downward arrow or similar icon.
  5. Enter withdrawal details: Input the destination wallet address where you want to send your cryptocurrency. Double-check this address to ensure it’s accurate.
  6. Specify the amount: Indicate the amount of cryptocurrency you wish to withdraw. Be mindful of the withdrawal limits, which we’ll discuss in the next section.
  7. Review and confirm: Carefully review all the details, including the withdrawal amount and destination address. Once you’re confident that everything is accurate, confirm the withdrawal.
  8. Two-Factor authentication (2FA): Revolut may prompt you to complete an additional layer of security, such as 2FA, to confirm the withdrawal.
  9. Transaction processing: Your withdrawal request will be processed, and you’ll receive a confirmation notification once it’s completed.


Revolut Crypto Withdrawal Limits

Revolut, like any financial platform, imposes certain limits on cryptocurrency withdrawals to ensure the security of your funds and comply with regulatory requirements. These limits may vary depending on your account type and verification status. 

  • Standard account: Typically, standard Revolut accounts have lower withdrawal limits compared to Premium or Metal accounts. Daily and monthly limits apply.
  • Verification status: Completing the account verification process can lead to higher withdrawal limits. Verification usually involves providing identification documents.
  • Premium and Metal perks: Premium and Metal accounts often enjoy higher withdrawal limits as part of their premium features.
  • Regional variations: Some countries or regions may have specific limits due to regulatory differences.


Revolut Crypto Withdrawal Fees

Understanding the cost of cryptocurrency withdrawals on Revolut is essential to manage your finances effectively. While Revolut prides itself on offering competitive rates and low fees, it’s crucial to be aware of the potential charges associated with cryptocurrency withdrawals:

  • Transaction Fees: Revolut may charge a fee for processing your cryptocurrency withdrawal. These fees can vary depending on the type of cryptocurrency and market conditions.
  • Exchange Rate: Revolut applies its own exchange rate when converting your cryptocurrency to a traditional currency. This rate may differ from market rates.
  • Network Fees: Cryptocurrency networks, such as Bitcoin or Ethereum, may levy their own transaction fees for processing withdrawals. These fees are not controlled by Revolut.
  • Premium and Metal Accounts: Premium and Metal account holders may enjoy reduced or waived fees, so consider upgrading if you frequently use Revolut for cryptocurrency transactions.


Your All-in-One Solution for Crypto Management

Revolut has become a reliable and user-friendly platform for managing crypto, offering a comprehensive solution for enthusiasts and beginners alike. Reliable, easy to use, and always there when you need it.

Stay informed about withdrawal limits, fees, and policy updates to maximise your cryptocurrency experience with Revolut. Whether you’re an experienced crypto enthusiast or just starting out, Revolut is positioned as a valuable ally in your journey.