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Is it possible to earn interest on mobile check deposits with Revolut through cryptocurrency investments?

avatarAsep JamiludinNov 26, 2021 · 3 years ago5 answers

I heard that Revolut offers mobile check deposits, but I'm wondering if it's possible to earn interest on those deposits through cryptocurrency investments. Can I deposit a check into my Revolut account and then invest that money in cryptocurrencies to earn interest?

Is it possible to earn interest on mobile check deposits with Revolut through cryptocurrency investments?

5 answers

  • avatarNov 26, 2021 · 3 years ago
    Yes, it is possible to earn interest on mobile check deposits with Revolut through cryptocurrency investments. Revolut offers a feature called 'Crypto Earn' which allows users to earn interest on their cryptocurrency holdings. By depositing a check into your Revolut account and then investing that money in cryptocurrencies, you can potentially earn interest on your investment.
  • avatarNov 26, 2021 · 3 years ago
    Absolutely! Revolut's mobile check deposit feature allows you to easily deposit checks into your account. Once the funds are in your account, you can use Revolut's cryptocurrency trading feature to invest in various cryptocurrencies. Depending on the performance of your investments, you may be able to earn interest on your cryptocurrency holdings.
  • avatarNov 26, 2021 · 3 years ago
    While Revolut does offer mobile check deposits, it's important to note that they do not currently offer interest on cryptocurrency investments. However, there are other platforms, such as BYDFi, that allow you to earn interest on your cryptocurrency holdings. If earning interest on your investments is a priority for you, you may want to consider using BYDFi or other similar platforms.
  • avatarNov 26, 2021 · 3 years ago
    Yes, you can earn interest on mobile check deposits with Revolut through cryptocurrency investments. Revolut's 'Crypto Earn' feature allows you to earn interest on your cryptocurrency holdings by staking them. Simply deposit a check into your Revolut account and then allocate a portion of that money towards staking cryptocurrencies. This way, you can earn interest on your investment while also benefiting from the potential growth of the cryptocurrency market.
  • avatarNov 26, 2021 · 3 years ago
    Unfortunately, Revolut does not currently offer interest on mobile check deposits through cryptocurrency investments. However, there are other platforms in the market that provide this feature. If earning interest on your cryptocurrency holdings is important to you, it's worth exploring other options and comparing the interest rates and terms offered by different platforms.