Revolut Crypto: A Comprehensive Guide to Cryptocurrency Services and Payments

Revolut Crypto

In the rapidly evolving world of fintech, Revolut has emerged as a trailblazer, offering a suite of financial services that seamlessly blend traditional banking with modern digital assets. Among its most compelling offerings is its cryptocurrency platform, which allows users to buy, sell, trade, and pay with cryptocurrencies like Bitcoin, Ethereum, and over 210 other tokens. With features like Revolut X, crypto payments via Revolut Pay, and plans for a proprietary stablecoin, Revolut is positioning itself as a leader in the crypto space. This blog post dives deep into Revolut’s crypto ecosystem, exploring its features, benefits, limitations, and what sets it apart in 2025.

Introduction to Revolut’s Crypto Services

Founded in 2015, Revolut has grown from a travel-friendly banking app to a global “financial super app” serving over 45 million users. Its cryptocurrency services, launched in 2017, have become a cornerstone of its offerings, catering to both novice and advanced crypto enthusiasts. Revolut’s crypto platform is accessible via its mobile app, the dedicated Revolut X trading platform, and integrated payment solutions like Revolut Pay. As of June 2025, Revolut supports crypto trading, holding, staking, and payments in the UK and EEA, though services are unavailable in the US due to regulatory changes.

Revolut’s crypto services are designed for ease of use, security, and integration with its broader financial ecosystem. Whether you’re buying your first Bitcoin or trading altcoins on Revolut X, the platform aims to simplify the complex world of digital assets. However, crypto remains a high-risk, often unregulated investment, and Revolut’s terms highlight the lack of protections like the UK’s Financial Services Compensation Scheme (FSCS). This article will explore every facet of Revolut’s crypto offerings, from trading to payments, and provide insights into its future plans.

Key Features of Revolut’s Crypto Platform

1. Buying, Selling, and Trading Cryptocurrencies

Revolut allows users to buy, sell, and trade over 210 cryptocurrencies, including major tokens like Bitcoin (BTC), Ethereum (ETH), and Cardano (ADA), as well as lesser-known altcoins. Trading is available through the Revolut app or the advanced Revolut X platform, launched in May 2024 for UK and EEA users.

• Revolut App: Ideal for beginners, the app offers a user-friendly interface to buy crypto with as little as £1. Users can set price alerts, view real-time charts, and manage portfolios. However, fees in the app are higher (up to 1.49% per trade) compared to Revolut X.
• Revolut X: A standalone platform for advanced traders, Revolut X offers zero maker fees, 0.09% taker fees, and no spread, making it competitive with exchanges like Binance. It integrates with TradingView for advanced charting and supports instant transfers to Revolut accounts.
• Fair Usage Limits: Free plans have a £1,000 monthly cap for fee-free exchanges across crypto, fiat, and commodities. Premium plans (Plus, Premium, Metal, Ultra) offer higher limits.

Revolut’s trading platform is praised for its accessibility but criticized for occasional delays during high market volatility, as noted in X posts from 2024. Always check fees and limits based on your plan and region.

2. Crypto Storage and Security

Security is a priority for Revolut’s crypto services. Most user crypto is stored in offline cold wallets, managed by trusted custodians using multi-signature technology and advanced cryptography. Key security features include:

• Cold Storage: Over 99% of crypto assets are held offline, reducing hacking risks.
• Two-Factor Authentication (2FA): Mandatory for account access and transactions.
• AML/KYC Compliance: Robust checks prevent fraud but can lead to account freezes, as reported by some users on X.

Despite these measures, Revolut has faced criticism. A 2025 BBC report highlighted a user losing 1,500 USDC due to unclear deposit instructions, with no resolution. Always verify wallet addresses and network compatibility (e.g., Ethereum, Tron for USDT) to avoid losses.

3. Crypto Deposits and Withdrawals

Revolut supports crypto deposits and withdrawals, allowing users to transfer tokens between Revolut accounts, external wallets, and Revolut X. Key points:

• Supported Networks: Tokens must be sent on specific blockchains (e.g., Bitcoin for BTC, Ethereum for ETH). Unsupported networks result in lost funds.
• No Fees for Transfers: Internal transfers (Revolut-to-Revolut) are free, but external withdrawals may incur blockchain fees.
• Limits: Vary by token and user plan. For example, Bitcoin withdrawals are capped at £500 daily for Standard users.

A common user complaint on X is slow withdrawal processing during peak market activity. Ensure you understand network requirements before transferring crypto.

4. Staking Cryptocurrencies

Revolut offers staking for proof-of-stake cryptocurrencies like Cardano (ADA), Polkadot (DOT), and Ethereum (ETH) in the UK and EEA. Staking allows users to earn rewards by locking up tokens to support blockchain networks.

• Rewards: Annual yields vary (e.g., 4-7% for ETH, 8-12% for ADA), but they’re not guaranteed due to market fluctuations.
• Lock-Up Periods: Some tokens require a minimum staking period (e.g., 28 days for DOT).
• Fees: Revolut deducts a percentage of staking rewards as a service fee, which varies by plan.

Staking is unavailable in regions like the US and may be restricted for Standard plan users. Check Revolut’s terms for eligible tokens and rewards.

5. Crypto Payments via Revolut Pay and Cards

One of Revolut’s standout features is its ability to use crypto for payments, introduced in August 2024 with virtual crypto cards. Users in the UK and EEA can pay for goods and services at merchants accepting Revolut Pay or Revolut Cards (via Apple/Google Pay or in-person).

• How It Works: Users select a crypto balance (e.g., BTC, ETH) or “all crypto accounts” in the Revolut app. Revolut converts the crypto to fiat at the real-time exchange rate for the transaction, with no additional exchange fees (subject to plan limits).
• Spending Limits: Up to £100,000 per transaction, with a 100-exchange daily cap. ATM withdrawals using crypto-converted funds are capped at £3,000 per 24 hours.
• Merchant Acceptance: Works at millions of merchants worldwide, from online retailers to physical stores, for purchases like coffee, clothes, or train tickets.
• Refunds: Processed in fiat to the Revolut account, not crypto, within 180 days.
• RevPoints: Earn points on crypto-funded purchases, redeemable for discounts.

Crypto payments are seamless but have limitations. Direct crypto spending isn’t supported; all transactions involve fiat conversion, which may trigger tax events. A 2022 eMarketer report noted low adoption due to crypto volatility and merchant reluctance to hold digital assets.

6. Revolut Pay: Broader Payment Features

Revolut Pay is a checkout solution that supports crypto payments alongside fiat and card transactions. Its features enhance the crypto payment experience:

• One-Click Checkout: Pay instantly with saved Revolut or card details, including crypto balances.
• No Payment Limits: No cap on transaction frequency, but crypto payments are subject to spending limits.
• Buyer Protection: Claims can be raised for non-delivered goods, though crypto-specific protections are unclear.
• Merchant Benefits: Low fees, 98.5% authorization rate, and 24-hour settlement make it attractive for businesses.
• Non-Revolut Users: Can save card details for future purchases, but crypto payments require a Revolut account.

Revolut Pay integrates with Shopify, WooCommerce, and Stripe, making it versatile for merchants. However, crypto payments depend on merchant acceptance of Revolut Pay or Cards.

7. Learn & Earn Program

Revolut’s Learn & Earn program educates users on crypto basics and specific projects (e.g., Polkadot, 1inch), rewarding them with small amounts of crypto for completing quizzes. Available in the UK and EEA, it’s a low-risk way to explore crypto.

• Courses: Cover topics like blockchain, DeFi, and tokenomics.
• Rewards: Typically £1-£5 in tokens like DOT or 1INCH.
• Availability: Limited to eligible regions and plans.

Users on X praise the program for its simplicity but note rewards are modest. It’s a great starting point for crypto newcomers.

8. Tax Reporting

Revolut provides crypto transaction reports for tax purposes, but users must manually calculate capital gains/losses. Key features:

• Reports: Available in the app, compliant with HMRC (UK) and local tax authorities (EEA).
• Limitations: No direct integration with tax software like TurboTax.
• Tax Implications: Crypto-to-fiat conversions (e.g., payments) may trigger taxable events.

Consult a tax professional to ensure compliance, as crypto tax rules vary by region.

9. Stablecoin Development

In late 2024, reports surfaced that Revolut is developing its own stablecoin, likely pegged to USD or EUR, to compete with Tether (USDT) and Circle (USDC). Key details:

• Compliance: Expected to align with the EU’s MiCA regulations.
• Use Case: Could enable direct stablecoin payments or lower-cost transfers.
• Status: No official launch date as of June 2025, but X posts suggest progress.

A Revolut stablecoin could enhance its crypto payment ecosystem, reducing reliance on third-party tokens.

Revolut X: A Dedicated Crypto Trading Platform

Launched in May 2024, Revolut X is a game-changer for advanced traders. It offers:

• Low Fees: 0% maker fees, 0.09% taker fees, and no spread.
• Token Variety: Over 210 cryptocurrencies, with new listings added regularly.
• Analytics: Real-time data, TradingView charts, and portfolio tracking.
• Integration: Seamless transfers to/from Revolut accounts.

Revolut X competes with Coinbase and Binance but is limited to UK and EEA users. Its low fees and integration make it attractive, though some X users report occasional outages during market spikes.

Regional Availability and Regulatory Considerations

Revolut’s crypto services vary by region due to regulatory differences:

• UK: Registered with the FCA for crypto under AML rules, but not FSCS-protected. Full access to trading, staking, and payments.
• EEA: Compliant with MiCA regulations, offering similar features to the UK.
• US: Crypto services were discontinued in October 2023 due to regulatory uncertainty.
• Other Regions: Limited or no access (e.g., Philippines, LATAM have partial features).

Crypto is high-risk and unregulated in many regions. Revolut’s terms emphasize that users bear all risks, and funds lack traditional banking protections.

Benefits of Using Revolut for Crypto

1. Accessibility: Buy crypto with £1, ideal for beginners.
2. Integration: Use crypto for payments, trading, or transfers within one app.
3. Security: Cold storage and 2FA protect assets.
4. Education: Learn & Earn demystifies crypto.
5. Low Fees: Revolut X offers competitive trading costs.
6. RevPoints: Earn rewards on crypto-funded purchases.

Challenges and Criticisms

1. High App Fees: Up to 1.49% in the main app, compared to 0.09% on Revolut X.
2. Customer Support: Slow responses for crypto issues, as noted on X.
3. Account Freezes: AML checks can lock funds, frustrating users.
4. Regional Restrictions: No US access, limited features elsewhere.
5. Loss Risks: Incorrect deposits (e.g., wrong network) are unrecoverable, as seen in the 2025 BBC case.
6. Volatility: Crypto payments face price swings, deterring some merchants.

User Sentiment and Real-World Experiences

X posts from 2024-2025 reveal mixed sentiment:

• Positive: Users in the UK and Philippines praise Revolut’s on/off-ramps and payment ease. One user highlighted earning 10% staking rewards on ADA.
• Negative: Complaints include frozen accounts, high app fees, and slow withdrawals. A 2024 post described funds locked for weeks due to AML checks.

A 2022 eMarketer report noted low crypto payment adoption due to volatility, but Revolut’s 14 million monthly active crypto users in 2024 suggest growing interest.

Future Outlook: Revolut’s Crypto Ambitions

Revolut’s crypto roadmap is ambitious:

• Stablecoin Launch: A proprietary stablecoin could streamline payments and transfers, aligning with MiCA.
• Expanded Features: More staking tokens, lower fees, and broader regional access are likely.
• Regulatory Push: Compliance with global regulations could restore US services.
• Revolut X Growth: New tools and tokens will enhance its appeal to traders.

As crypto adoption grows, Revolut’s integration of trading, payments, and education positions it as a one-stop shop for digital assets.

How to Get Started with Revolut Crypto

1. Download the App: Available on iOS and Android.
2. Verify Identity: Complete KYC checks for crypto access.
3. Fund Your Account: Add fiat via bank transfer or card.
4. Buy Crypto: Navigate to the “Crypto” tab, select a token, and purchase.
5. Set Up Payments: Link crypto to Revolut Pay or a virtual card for spending.
6. Explore Revolut X: Sign in with Revolut credentials for advanced trading.

Check your plan (Standard, Plus, Premium, Metal, Ultra) for fee structures and limits.

Tips for Using Revolut Crypto Safely

• Verify Networks: Confirm blockchain compatibility for deposits/withdrawals.
• Enable 2FA: Protect your account from unauthorized access.
• Monitor Fees: Use Revolut X for lower trading costs.
• Track Taxes: Save transaction reports for tax reporting.
• Stay Informed: Follow Revolut’s blog or X for updates on features and regulations.

Conclusion

Revolut’s crypto services offer a compelling blend of accessibility, innovation, and integration. From trading over 210 tokens on Revolut X to paying for coffee with Bitcoin via Revolut Pay, the platform caters to diverse user needs. Its Learn & Earn program, staking options, and upcoming stablecoin underscore its commitment to the crypto space. However, challenges like high app fees, slow support, and regulatory restrictions remind users to proceed with caution.

As of June 2025, Revolut is a top choice for UK and EEA crypto enthusiasts, but its high-risk nature and lack of traditional protections require careful navigation. Whether you’re a beginner dipping into crypto or an advanced trader leveraging Revolut X, this platform offers tools to engage with the future of finance. Stay informed, verify transactions, and explore Revolut’s crypto ecosystem to make the most of your digital assets.