I agree completely to that statement.
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Sigh, I didnāt even fathom not being able to send the crypo. Proper fail.
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I have Revolut premium and even I am a bit annoyed at the limited crypto support which wasnāt all the hype was meant to be, for that reason Iāve finally decided to buy a hardware wallet 
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Thatās one of the safest way to secure your bitcoin holdings. Iām going to terminate my XAPO account as there is a crackdown on all Visa based crypto debit cards. One of the major issuers WaveCrest just deactivated all cards without prior notice due to non compliance to Visa rules.
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Visa Europe already made a statement to explained itās not a problem with crypto currencies, itās only that WaveCrest broke Visaās rules so they stopped everything.
Exactly what i wrote beforeā¦non compliance from WaveCrest to Visa rulesā¦
Ugh, I canāt believe I fell for this. Stupid stupid stupid.
I just purchased a premium account today and then purchased a Ā£1000 worth of Ethereum with the intention of sending it elsewhere to purchase alt-coins.
Only to find itās in a walled garden. I canāt even put in my hardware wallet.
Why is this not clearly stated in the cryptocurrency section of the app before purchasing a premium account???
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I donāt know for you but when I buy something (or a service) I look into it beforehand. I donāt like surprises either.
Anyway, if you really feel cheated, you can always sell your ETH back, withdraw the money, and cancel your premium. If youāre in your first 14 days they will refund you either fully or partially depending on the services you might have used.
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Yes agreed, although I thought I had looked into it sufficiently.
Admittedly I didnāt think to go looking for a blog post that might tell me I canāt actually use my currency for anything other than to send it to other Revolut users. I mean who would create a service like that without big warning signs everywhere?
Thanks very much for the 14 day tip. Hopefully thatās a cost effective route.
What is the latest news on enabling external transfers? Is it on the cards at all?
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There is no firm date or anything, probably not until second half of 2018 at best, I personally think 2019.
You can use your coins with your card to buy normal stuff if you donāt have other fiat currencies; that works.
Hey guys. I know we canāt send bitcoin elsewhere but can we send it to our Revolut account to sell? If so how do I do that? I canāt seem to find any wallet option for bitcoin
No you can not do that at the moment. Maybe in the future.
Ok thank you! Hopefully soon because who would bother buying bitcoin when they canāt send it unless they intend to hold it and spend it on the card when value spikes
These days many people are looking to buy crypto-currencies as an investment, mainstream media have been talking about it a lot which brought a lot of attention on it.
So yes, lots of people are just looking to buy, wait and sell (= trade)
I personally know much more people using crypto as investment than a way of payment.
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I use it for both which is why Iām wondering. As a crypto trader would be cool to be able to send our profits to revolut and spend them in stores etc
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Technically you can hold crypto in Revolut, and pay with them in shops using your card.
Keep in mind:
- Revolut will use first the (fiat) currency of the country youāre paying in, if available.
- Then they will use your āhomeā currency (e.g. GBP if youāre registered in the UK), if available.
- Finally they will use whatever currency (fiat or not) that has the biggest amount.
Also, keep in mind that there is a 10 pounds minimum.
So let me get this straight: Revolutās terms and conditions say you canāt use the account to speculate. But they only allow you to buy / sell crypto in a closed system, which means that it has literally no function except to speculate?!
I bought premium for a bitcoin wallet. Will be cancelling now because itās not a bitcoin wallet. Itās a casino.
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Honestly, I do not expect this to happen soon. Regulatory issues.
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Would be good if we could transfer crypto to our wallets but I am happy to keep some crypto in my Revolut account.
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I was just about to go premium until I found out I canāt send MY money to an external wallet or other exchange.
A lot of people want to buy alt coins.
You prevent them from doing so by not allowing them to send THEIR money elsewhere. Not a very good marketing point.
Revolut would attract millions of customers if you allow the sending of cryptocurrency to external sources. Looks like Coinbase will be getting my money.
Revolut need to move with the times and the times are altcoins.
Any reply from Revolut?
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