Revolut Cryptocurrency Review: Banking and digital assets all in one
Account: Revolut Cryptocurrency Investing
Description: Revolut X lets you trade crypto on a stand alone app. As Revolut is now a bank more than a crypto exchange, its app is a good way to dabble in the crypto markets if you just want to buy a small amount of the most popular cryptocurrencies. Capital at risk
Is Revolut good for cryptocurrency investing?
Revolut is a good choice if you are just dabbling in cryptocurrency and don’t need anything too complicated.
Market Access:
Revolut X lets you trade 400+ pairs to trade in real-time with USD, EUR, or GBP with instant visibility of how your portfolio is performing and decide your next trade with token details and a live order book.
On the baking app you can buy, sell, and send over 228 digital currencies at the touch of a button, with no hidden fees. But, Revolut’s cryptocurrency service is not regulated by the FCA in the same way as investing in the stock market. As you will find out when you take the “how well do you understand crypto” quiz when you try to buy cryptocurrencies on the app.
App & Online Platform: It’s pretty easy to buy crypto on Revolut, it took me about 3 minutes to login, acept the terms and conditions that I may lose all my money and buy some Bitcoin and Ethereum. If you want to know which is best, we’ve just written a guide on Bitcoin versus Ethereum. However, it’s a bit annoying that it’s app only and you can’t use it on a laptop or desktop.
If you are trading crypto on Revolut X it is also available on desktop if you want to see more detailed market analysis. You’ll find technical indicators, TradingView charts, and top-traded, top-gaining, and top market cap coins.
Revolut Fees: Versuse eToro & Coinbase For Crypto
Revolut X does not charge if you are a (taker) selling, but there is a 0.09% charge if you are buying (making). The difference is based on if you are making or taking liquidity from the exchange.
Revolut has recently reduced it’s commission for buying and selling cryptocurrency for trades above £20,000 from 1.49% to 1.29%. From 24 March 2025, Revolut has also removed the minimum trading limit, so you can now make trades below £1.49.
In real-terms that means if you bought £100k worth of Bitcoin it would save you £180 compared to the previous pricing structure. It’s a decent saving. but won’t really make a difference, especially as if you buy £100k of one of the most volatile digital assets in the world the price will probably have changed by that much before you have read your confirmation notification.
Fees are pretty high, if you are just buying a small amount. To test the app, I bought £200 worth of each I was charged a whopping £2.98, which is 1.49%. That’s very high compared to buying share,s which are largely commission-free these days. However, Revolut has recently reduced their crypto commission for trades above £20,000. It’s not as cheap as eToro’s 1%, but it’s certainly a lot cheaper than Coinbase.
Customer Service: Obviously, there is no phone number (Revolut has far too many customers for a call centre to handle), and no in-app live chat feature, but there are direct links if you need to report any fraud or banking issues.
Research & Analysis: You get access to some fairly standard articles and news feeds on crypto but nothing unique. There are links to the cryptocurrencies official websites and the white papers, so you can do your own more thorough research.
Pros
- Lots of cryptocurrencies
- Small dealing minimums
- Part of the overall service
Cons
- 1.49% commission for base accounts is quite high
- Limited crypto research
- No direcet market access
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Pricing
(4)
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Market Access
(4.5)
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App & Online Platform
(5)
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Customer Service
(4)
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Research & Analysis
(4)
Overall
4.3
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
Richard’s contributions and expertise have been recognized by respected publications such as The Sunday Times, BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.
You can contact Richard at richard@goodmoneyguide.com
