How are we securely integrating cryptocurrencies?

Due to the lack of regulation, consensus and unified support there is still a lot of uncertainty within the industry — with many companies simply choosing not to embrace crypto at all until regulation evolves.

With this in mind, we have developed an alternative phased approach which allows us to be the first banking alternative to offer crypto — from right within the app — with the blessing of our partners.

Phase 1 of Revolut’s cryptocurrency offering greatly simplifies the process of buying, selling, sending and spending* Bitcoin, Ether and Litecoin. You’ll be able to instantly exchange any of our 16 fiat currencies into crypto and back at the touch of a button. With no need to worry about how to securely store your crypto or private keys, as the value of your exposure is securely stored within your Revolut wallet in exactly the same manner as for your fiat balances. Furthermore, we’ll offer you the best possible rate which will be transparent within the app, and only +1% on the last executed exchange price.

However, please keep in mind [compared to fiat] there is an increased risk when buying, and selling cryptocurrencies — with swings of ±20% or more in one day being commonplace. You should be fully aware of the risks involved before exchanging any of your funds.

Initially, there will be two key limitations with our offering which are,