Buying Bitcoin has become more accessible than ever, especially with the rise of fintech platforms integrating cryptocurrency services. While traditional crypto exchanges remain a popular choice, financial apps like Revolut now offer users a seamless way to purchase digital assets using fiat currency. This guide walks you through how to buy Bitcoin with Revolut, explores the associated fees and limits, and helps you understand whether it’s the right option for your investment needs.
Whether you're new to crypto or looking for a convenient entry point, Revolut provides an intuitive interface that simplifies the buying process—no technical knowledge required.
What Is Revolut?
Revolut is a UK-based fintech company founded in 2015 by former Credit Suisse bankers Nikolay Storonsky and Vlad Yatsenko. Initially launched as a digital banking alternative, Revolut offers services such as multi-currency accounts, international money transfers, budgeting tools, and prepaid debit cards—all accessible via a mobile app.
One of its standout features is low-cost foreign exchange, making it ideal for travelers and global spenders. Over time, Revolut expanded its offerings to include cryptocurrency trading, allowing users to buy, hold, and send digital assets like Bitcoin, Ethereum, and over 100 other cryptocurrencies directly from their accounts.
This integration has attracted millions of users worldwide, turning Revolut into one of the most downloaded finance apps across Europe and beyond.
👉 Discover how easy it is to start investing in crypto today.
How To Buy Bitcoin With Revolut
Purchasing Bitcoin through Revolut is straightforward and can be done entirely within the app. Here's a step-by-step breakdown:
Step 1: Create a Revolut Account
Download the Revolut app from your device’s app store. Open it and select “Sign up.” You’ll need to provide your phone number for verification and enter a 6-digit code sent via SMS. Once verified, set up a secure PIN to protect your account.
You may also be asked to complete identity verification by uploading a government-issued ID, depending on your region.
Step 2: Add Funds Using Fiat Currency
Before buying Bitcoin, you must fund your Revolut account with fiat money (e.g., USD, EUR, GBP). From the home screen, tap “Add Money” and choose your preferred method—bank transfer, direct debit, or linked card.
Follow the prompts to complete the transaction. The deposited amount will appear in your main balance and is ready to use for crypto purchases.
Step 3: Purchase Bitcoin
Navigate to the “Crypto” section in the app menu. Tap “Trade,” then select Bitcoin (BTC) from the list of available cryptocurrencies.
Enter the amount of Bitcoin you’d like to buy—or input the fiat value you wish to spend—and review the estimated cost including fees. Confirm the purchase by tapping “Buy.”
Your Bitcoin will be added to your portfolio immediately, though it may take a few moments to reflect due to network processing times.
Can You Send Bitcoin From Revolut to Another Wallet?
Yes, you can send Bitcoin from Revolut to an external wallet, giving you greater control over your holdings. However, this feature depends on your subscription plan and geographic location.
To transfer:
- Go to the “Crypto” tab.
- Tap “More” > “Send.”
- Select an existing wallet or tap “New” to add a new address.
- Enter the amount and confirm the transaction.
You can also paste a wallet address manually if it's not listed. Note that blockchain withdrawals are not available in all regions, so check eligibility before attempting a transfer.
👉 Learn how secure crypto wallets protect your digital assets.
Key Considerations When Buying Bitcoin on Revolut
While convenient, there are several factors to weigh before using Revolut for crypto investments:
1. Fees Are Higher Than Most Exchanges
Revolut’s crypto trading fees are relatively high compared to dedicated exchanges:
- Premium and Metal users: 0.99% per trade
- Standard and Plus users: 1.49% or a minimum flat fee (whichever is higher)
These markups are built into the exchange rate (rate + fee = total cost), which means you're not always getting the market price.
2. No Direct Blockchain Access (For Some Users)
Although you can send crypto externally, Revolut custodies your assets until withdrawal. This means you don’t own the private keys—limiting true decentralization benefits unless you move funds to a self-custody wallet.
3. Market Volatility
Bitcoin is inherently volatile. Prices can swing dramatically in short periods due to market sentiment, regulatory news, or macroeconomic trends. Never invest more than you can afford to lose.
4. Security Incidents
In 2023, a vulnerability in Revolut’s U.S. payment system led to unauthorized transactions totaling around €21 million. While most funds were recovered, it highlights that even trusted platforms face cybersecurity risks.
Is It Safe To Buy Bitcoin With Revolut?
Revolut is a regulated financial institution registered with the UK’s Financial Conduct Authority (FCA), offering users a level of legal protection uncommon on many crypto platforms.
However, crypto purchases on Revolut are not covered by FSCS (Financial Services Compensation Scheme) insurance, meaning losses from market crashes or hacking aren’t reimbursed.
Additionally:
- Your crypto is stored securely but under Revolut’s custody.
- Two-factor authentication (2FA) and biometric login enhance account security.
- The platform monitors suspicious activity and allows instant card freezing.
Still, always practice personal security hygiene—use strong passwords, enable 2FA, and avoid public Wi-Fi when accessing your account.
Frequently Asked Questions
Can I buy and send crypto on Revolut?
Yes. Revolut supports buying over 100 cryptocurrencies using any of the 29 fiat currencies available in your account. You can also send crypto to external wallets if your plan and region support blockchain withdrawals.
What are the fees for buying crypto on Revolut?
Fees depend on your subscription tier:
- Premium/Metal: 0.99%
- Standard/Plus: 1.49% or a minimum flat fee (whichever is greater)
The final price includes both the interbank exchange rate and the platform markup.
Are there limits on buying Bitcoin with Revolut?
Yes. You’re limited to 100 crypto transactions every 24 hours. Minimum and maximum trade amounts vary by cryptocurrency and user tier.
Does Revolut work with Binance?
Revolut doesn’t integrate directly with Binance for transfers. However, it partners with third-party providers like MoonPay and Bitstamp for crypto liquidity. You can still send purchased Bitcoin from Revolut to your Binance wallet manually.
How long does a Bitcoin withdrawal take on Revolut?
Most withdrawals take between a few minutes to one hour, depending on blockchain congestion. Once confirmed on the network, you’ll receive a notification in-app.
Can I transfer my crypto out of Revolut?
Yes—provided you’re on an eligible plan and in a supported country. Simply go to the “Send” section under Crypto and enter the destination wallet address.
Core Keywords:
buy Bitcoin with Revolut, Revolut crypto fees, send Bitcoin from Revolut, how to buy Bitcoin, Revolut Bitcoin limit, cryptocurrency on Revolut, safe to buy Bitcoin
👉 Get started with a trusted platform and explore advanced crypto trading tools now.