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Is it possible to transfer cryptocurrencies from Binance to Revolut?

avatarkamarukpDec 17, 2021 · 3 years ago3 answers

I want to transfer my cryptocurrencies from Binance to Revolut. Is it possible to do so? If yes, what is the process and are there any fees involved?

Is it possible to transfer cryptocurrencies from Binance to Revolut?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, it is possible to transfer cryptocurrencies from Binance to Revolut. However, it's important to note that Revolut does not support direct transfers of cryptocurrencies. To transfer your cryptocurrencies from Binance to Revolut, you'll need to convert them to fiat currency (such as USD or EUR) first. Once you have converted your cryptocurrencies to fiat currency on Binance, you can then withdraw the fiat currency to your Revolut account using the bank transfer option. Keep in mind that there may be fees involved in the conversion and withdrawal process, so it's recommended to check the fees on both Binance and Revolut before proceeding with the transfer.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! You can transfer your cryptocurrencies from Binance to Revolut. However, it's important to understand that Revolut is primarily a fiat banking app and not a dedicated cryptocurrency exchange. To transfer your cryptocurrencies, you'll need to sell them on Binance and withdraw the funds to your Revolut account. Once the funds are in your Revolut account, you can use them to buy or sell cryptocurrencies within the Revolut app. Just keep in mind that Revolut may have certain limitations and fees when it comes to cryptocurrency transactions, so it's always a good idea to familiarize yourself with their terms and conditions.
  • avatarDec 17, 2021 · 3 years ago
    Yes, it is possible to transfer cryptocurrencies from Binance to Revolut. However, it's worth mentioning that there are certain limitations and restrictions when it comes to cryptocurrency transactions on Revolut. As an alternative, you may consider using a cryptocurrency-friendly bank or exchange that supports direct transfers between Binance and your desired platform. One such platform is BYDFi, which allows seamless transfers of cryptocurrencies from Binance to their platform. From there, you can easily transfer your cryptocurrencies to Revolut or any other supported platform. It's important to do your own research and choose the platform that best suits your needs and preferences.