REVOLUT CRYPTO UK

Last updated: June 20, 2025, 00:50 | Written by: Arthur Hayes

Revolut Crypto Uk
Revolut Crypto Uk

Cryptocurrency has taken the financial world by storm, and for those in the UK looking to dive in, Revolut offers a compelling gateway.Revolut has evolved from a simple money transfer app into an all-in-one financial hub, and its crypto offering is a significant part of that evolution. Insurance related-products are arranged by Revolut Travel Ltd which is authorised by the Financial Conduct Authority to undertake insurance distribution activities (FCA No: ) and by Revolut Ltd, an Appointed Representative of Revolut Travel Ltd in relation to insurance distribution activities.With Revolut, you can buy, sell, and exchange a variety of cryptocurrencies, including popular choices like Bitcoin and Ethereum, all from the convenience of your smartphone. European fintech unicorn Revolut has finally won registration from the United Kingdom's Financial Conduct Authority (FCA) to offer crypto services in the U.K. following a lengthy wait.But is Revolut the right choice for your crypto journey?This comprehensive guide will walk you through everything you need to know about Revolut crypto in the UK, including its features, benefits, potential drawbacks, and how it stacks up against other crypto platforms.We will also explore the new Revolut X platform, designed for more experienced traders, and navigate the evolving regulatory landscape surrounding crypto in the UK.Whether you're a complete beginner or a seasoned trader, this guide will provide valuable insights to help you make informed decisions.

Getting Started with Crypto on Revolut

Revolut makes it remarkably easy to break into the world of crypto, even if you're starting with just £1.The platform’s user-friendly interface simplifies the buying and selling process, making it accessible to beginners.Here's a breakdown of how to get started:

  1. Download and Install the Revolut App: Available on both iOS and Android, the Revolut app is your starting point.
  2. Create an Account: The signup process is straightforward, requiring you to provide personal information and verify your identity.
  3. Verify Your Identity: This step is crucial for security and compliance reasons. Crypto Learn: learn about crypto and blockchain, for all levels; Crypto card payments: spend crypto anywhere Revolut converts it to fiat at checkout; Crypto collections: buy and manage sets of crypto assets in one click; Safety features: we store the crypto assets with fully licensed custodians using multi-signature wallets and coldEnsure you have the necessary documents ready for verification.
  4. Add Funds to Your Revolut Account: You can add funds via bank transfer, debit card, or credit card.
  5. Navigate to the Crypto Section: Within the app, you'll find a dedicated crypto section where you can explore the available cryptocurrencies.
  6. Start Trading: Choose the cryptocurrency you want to buy and enter the amount you wish to invest. Revolut, one of the world's most valuable fintechs, finally won a banking license in its native U.K. more than three years after applying. The London-based company has entered the PrudentialRevolut will display the current exchange rate and any applicable fees before you confirm the transaction.

It's essential to remember that cryptocurrency investments are inherently risky.Do your research, understand the risks involved, and only invest what you can afford to lose.

Revolut's Crypto Features: What's on Offer?

Revolut offers a range of features designed to cater to both novice and experienced crypto traders:

  • Buying and Selling Crypto: The core functionality allows you to buy and sell over 200 different cryptocurrencies directly within the app.
  • Crypto Learn: This educational program provides short, interactive lessons about crypto and blockchain technology, helping you build your knowledge base. As a newer player in the crypto space, the Revolut banking app and Revolut X offer a smaller selection of cryptocurrencies and more limited support for layer-1 blockchains than established cryptoUnfortunately, UK customers are currently ineligible to receive crypto rewards for completing these lessons.
  • Crypto Card Payments: Spend your crypto anywhere that accepts card payments. The registration with the FCA will allow Revolut to continue operating a UK-based digital assets business including trading and offering custody of crypto assets which became a requirementRevolut automatically converts your crypto to fiat currency (like GBP) at the point of sale.
  • Crypto Collections: Simplify your crypto investing by buying and managing curated sets of crypto assets in a single click. Revolut is the all-in-one app for buying, selling and exchanging cryptocurrency, like Bitcoin, Ethereum and more. Get into crypto with just 1 with Revolut today.These collections are designed to target specific investment strategies or themes.
  • Safety Features: Revolut emphasizes security, storing crypto assets with fully licensed custodians using multi-signature wallets and cold storage. UK-based digital banking app Revolut announced Wednesday that it has expanded its crypto exchange, Revolut X, to serve customers in 30 additional European countries. Revolut X offers competitive flat fees, 0.00% for makers and 0.09% for takers, regardless of trading volume, the platform said.This helps protect your assets from unauthorized access and theft.
  • Price Alerts: Set up price alerts to be notified when your favorite cryptocurrencies reach specific price levels.
  • Recurring Buys: Automate your crypto investing with recurring buys, allowing you toDollar-Cost Average"" your investments over time.

Revolut X: A Platform for Advanced Crypto Traders in the UK

Recognizing the needs of more experienced traders, Revolut launched Revolut X, a dedicated crypto exchange platform. Digital bank Revolut has said it plans to suspend some of its crypto services from its U.K. business clients in response to incoming new rules from the country's regulator, a person familiar withRevolut X aims to provide a more sophisticated trading experience with features such as:

  • Lower Fees and Spreads: Revolut X offers competitive fees, especially for high-volume traders.Specifically, it boasts flat fees of 0.00% for makers and 0.09% for takers, regardless of trading volume.
  • Advanced Analytical Tools: Access a range of charting tools, order books, and market data to analyze trends and make informed trading decisions.
  • Seamless Integration with Revolut Accounts: Transfer funds between your Revolut account and Revolut X account instantly and without additional fees.

How to Access Revolut X in the UK

Gaining access to Revolut X is straightforward, provided you meet the eligibility requirements:

  1. Have a Personal Revolut Account: You need an active Revolut account to use Revolut X.
  2. Be at Least 18 Years Old: This is a standard requirement for financial services.
  3. Complete the Sign-Up Process: Ensure your documents have been reviewed and verified by the Revolut team.
  4. Access the Revolut X Platform or App: You can access Revolut X through its web platform or dedicated mobile app.
  5. Log in with Your Revolut Account Details: Use your existing Revolut credentials to log in to Revolut X.
  6. Enable Access: A pop-up will prompt you to open your Revolut account to enable access between the two platforms.

Revolut Crypto Fees: What to Expect

Understanding the fee structure is crucial when choosing a crypto platform. Revolut does not charge fees for depositing crypto, but network fees will be deducted. Check deposit address carefully. Always use the address displayed in the 'Receive crypto' section for the specific cryptocurrency and network. Do not deposit crypto to the same address used for withdrawals, and never use random wallet addresses provided byRevolut's fees vary depending on your Revolut plan and the type of transaction.While Revolut doesn't charge fees for depositing crypto, network fees are deducted.

  • Trading Fees: Revolut charges a percentage-based fee on each crypto transaction.The exact percentage depends on your Revolut plan.
  • Network Fees: When withdrawing crypto, you'll need to pay network fees, which are charged by the blockchain network to process the transaction.These fees can fluctuate depending on network congestion.
  • Revolut X Fees: As previously mentioned, Revolut X offers a competitive fee structure with a flat fee of 0.00% for makers and 0.09% for takers.

Always review the fee schedule within the Revolut app or on the Revolut website to understand the current fees before making any transactions.

The UK Regulatory Landscape and Revolut Crypto

The UK's regulatory landscape for cryptocurrency is constantly evolving. Revolut might not be the first name that you think of when you hear the term cryptocurrency exchange . However, this UK-based mobile banking solution has also entered the cryptocurrency industry with support for over 200 cryptocurrencies, so I'll help you determine whether it's worth trying in this Revolut crypto review.The Financial Conduct Authority (FCA) is actively working to establish a robust regulatory framework for the crypto industry. Have a personal Revolut account; Be at least 18 years old; Complete the sign-up process and have your documents been reviewed and verified by our team; To start using Revolut X. Access the Revolut X platform or the Revolut X app; Log in with your Revolut account details. A pop-up will ask you to open your Revolut account to enable access toThis evolving landscape has had implications for Revolut and its crypto services.

Revolut has secured registration from the FCA to offer crypto services in the UK. Join Revolut X and get access to advanced crypto exchange features, including analytical tools, lower fees, and lower spreads. Buy and sell Bitcoin, Ethereum, and more on our cryptocurrency trading platform.This registration demonstrates Revolut's commitment to compliance and its ability to meet the FCA's regulatory standards.The UK's new crypto regulations, which are said to align more with the US than the EU's Markets in Crypto-Assets (MiCA) framework, may favor companies like Revolut that already operate in heavily regulated environments.

However, the regulatory environment can also present challenges. Since 2025, the UK s Financial Conduct Authority has banned crypto derivatives for retail traders, which Revolut s group lead legal counsel for crypto Konstantinos Adamos criticised earlier this year.For instance, Revolut has announced plans to suspend some of its crypto services from its UK business clients in response to incoming new rules from the regulator. Revolut X is designed with seasoned crypto traders in mind, but all UK users with a retail account can access the platform. They can seamlessly trade between the platform and their Revolut accounts without additional fees or limitations. Revolut stated that customers' digital assets are held 1:1 and never lent out.Additionally, the FCA has banned crypto derivatives for retail traders since 2025, a move that Revolut has previously criticized.

Is Revolut Crypto Safe?Security Measures and Custody

Security is paramount when dealing with cryptocurrency. Crypto Learn Earn is a programme offered by Revolut which allows you to learn about supported crypto assets by completing short lessons, and earn crypto rewards. From, customers in the United Kingdom are not eligible to receive crypto rewards when participating in Crypto Learn Earn.Revolut employs several measures to safeguard your crypto assets:

  • Custodial Wallets: Revolut stores your crypto assets with fully licensed custodians using multi-signature wallets.This means that multiple parties are required to authorize transactions, reducing the risk of unauthorized access.
  • Cold Storage: A significant portion of Revolut's crypto holdings is stored in cold storage, meaning they are kept offline and inaccessible to hackers.
  • 1:1 Asset Backing: Revolut states that customers' digital assets are held 1:1 and never lent out, ensuring that your crypto is always available when you want to withdraw it.
  • Regulatory Compliance: Revolut's registration with the FCA demonstrates its commitment to adhering to strict regulatory standards, which includes implementing robust security measures.

While Revolut implements these security measures, it's important to remember that no system is entirely foolproof.You should also take personal responsibility for securing your account by using strong passwords, enabling two-factor authentication, and being cautious about phishing scams.

Revolut Crypto vs. The UK s sweeping new crypto regulations may be burdensome, but incumbent fintech companies like Revolut are cheering them on. The rules, which are said to align more with the US than the EU s Markets in Crypto-Assets framework, are seen to be favouring companies that already operate in heavily regulated environments.Traditional Crypto Exchanges: A Comparison

Revolut is not the only option for buying and selling crypto in the UK. Learn how to trade major cryptocurrencies using the Revolut X trading platform, the new crypto exchange platform from Revolut.Traditional crypto exchanges, such as Coinbase, Kraken, and Binance, also offer a wide range of crypto services.Here's a comparison of Revolut Crypto versus traditional crypto exchanges:

Pros of Revolut Crypto:

  • Ease of Use: Revolut's user-friendly interface makes it easy for beginners to get started.
  • Integration with Existing Accounts: Seamlessly manage your crypto alongside your other finances within the Revolut app.
  • Convenience: Buy and sell crypto directly from your smartphone, anytime and anywhere.

Cons of Revolut Crypto:

  • Limited Cryptocurrency Selection: Compared to some traditional exchanges, Revolut offers a smaller selection of cryptocurrencies.
  • Higher Fees: Revolut's trading fees can be higher than those charged by some traditional exchanges, especially for high-volume traders.
  • Limited Functionality: Revolut lacks some of the advanced trading features offered by traditional exchanges, such as margin trading and futures trading.

Ultimately, the best platform for you will depend on your individual needs and preferences.If you're a beginner looking for a simple and convenient way to buy and sell crypto, Revolut may be a good choice. Join 55 million customers globally using Revolut to send money to 160 countries, hold up-to 36 currencies in app, spend in 150 currencies, and manage their money.However, if you're an experienced trader looking for lower fees and more advanced features, a traditional crypto exchange may be a better option.

Alternatives to Revolut Crypto in the UK

Besides Revolut and the established crypto exchanges, other platforms cater to UK crypto enthusiasts:

  • Coinbase: A popular platform known for its user-friendly interface and educational resources.
  • Kraken: Offers a wide range of cryptocurrencies and advanced trading features.
  • Binance: One of the world's largest crypto exchanges, offering a vast selection of cryptocurrencies and a variety of trading options.
  • eToro: A social trading platform that allows you to copy the trades of other successful traders.
  • Gemini: Known for its strong security measures and regulatory compliance.

Researching and comparing these alternatives will help you find the platform that best suits your specific needs and investment goals.

Frequently Asked Questions About Revolut Crypto in the UK

Is Revolut Crypto available in the UK?

Yes, Revolut offers crypto services to users in the UK.

What cryptocurrencies can I buy on Revolut?

Revolut supports over 200 cryptocurrencies, including Bitcoin, Ethereum, XRP, and many others.

What are the fees for buying and selling crypto on Revolut?

Revolut charges a percentage-based fee on each crypto transaction, which varies depending on your Revolut plan. The XRP price today is 1.606 with a 24-hour trading volume of 729,994,092.59. Get XRP price charts market cap from Revolut.Network fees also apply when withdrawing crypto.

Is Revolut Crypto safe?

Revolut employs several security measures to protect your crypto assets, including custodial wallets, cold storage, and regulatory compliance. Global fintech firm Revolut has introduced its standalone crypto trading platform called Revolut X, catering to UK retail customers.However, it's important to remember that no system is entirely foolproof, and you should also take personal responsibility for securing your account.

What is Revolut X?

Revolut X is a dedicated crypto exchange platform from Revolut, designed for more experienced traders. Investment services are provided by Revolut Trading Ltd (No. ), which is authorised and regulated by the Financial Conduct Authority (FRN: ). The registered address of Revolut Ltd, Revolut Travel Ltd, and Revolut Trading Ltd is at 7 Westferry Circus, Canary Wharf, London, England, E14 4HD.It offers lower fees, advanced analytical tools, and seamless integration with Revolut accounts.

Can I earn crypto rewards with Revolut Learn & Earn in the UK?

Unfortunately, customers in the United Kingdom are not currently eligible to receive crypto rewards when participating in the Crypto Learn & Earn program.

Conclusion: Is Revolut Crypto Right for You?

Revolut Crypto offers a convenient and accessible way for UK residents to engage with the cryptocurrency market. The approval means it is on the path to becoming a fully fledged bank in the U.K. that is also licensed to offer crypto services. Revolut has allowed the buying and selling of crypto for severalIts user-friendly interface, integration with existing Revolut accounts, and range of features make it a compelling option, especially for beginners. The move underscores the company s ambitions to diversify its crypto offerings and appeal to more sophisticated investors globally, even as UK retail investors remain barred from accessing such products. Revolut has begun building a dedicated crypto derivatives division, actively hiring specialists in London, Barcelona, and Dubai.However, it's essential to consider the potential drawbacks, such as limited cryptocurrency selection and higher fees compared to some traditional exchanges.The launch of Revolut X caters to more experienced traders, providing a platform with lower fees and advanced tools.

Before diving into Revolut Crypto, carefully assess your investment goals, risk tolerance, and trading experience.Research different cryptocurrencies, understand the associated risks, and only invest what you can afford to lose. Break into crypto with Revolut. How to buy XRP in 3 steps. You can buy XRP on Revolut's crypto platform. Create your free account and top up your balance to buy 230 cryptocurrencies, including XRP. Revolut makes it quick and easy to get started.Consider exploring alternative crypto platforms to find the one that best suits your needs.Ultimately, the decision of whether or not to use Revolut Crypto depends on your individual circumstances and preferences.

Remember to always prioritize security by using strong passwords, enabling two-factor authentication, and being cautious about phishing scams.Stay informed about the evolving regulatory landscape surrounding cryptocurrency in the UK to ensure you're making informed and compliant investment decisions.By taking these steps, you can confidently navigate the world of crypto with Revolut.

Ready to explore the world of crypto with Revolut?Download the app today and start your journey!

Arthur Hayes can be reached at [email protected].

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