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We do not provide any investment advice relating to our crypto service. You should carefully consider whether your personal situation and the financial risks you are willing to take mean that you should not buy cryptocurrencies. You may want to speak to an independent financial adviser. The cryptocurrencies available through our crypto services from time to time are shown in the app. To make sure you have safe access to our crypto services, download any updates for your device or the Revolut app as soon as they become available.
We call our services that allow you to buy, sell, receive or spend cryptocurrency our crypto services. We may limit the amount of cryptocurrency you can buy. We will tell you the amount of any limit before we accept your instruction. Sometimes we might refuse your instruction to buy or sell cryptocurrency.
If we do, we will not be responsible for any losses you suffer as a result. We may refuse your instruction if:. This means you can tell us when to sell or transfer it within the limits of these terms and conditions. You have complete control of your cryptocurrencies, and we will only act upon instructions you give us. You will not be able to carry out transactions yourself. You will not have a separate cryptocurrency account. You can transfer cryptocurrency to other Revolut customers in the Revolut app.
You cannot pay in cryptocurrency using your Revolut Card either. This means that if you make a payment using your Revolut card, and the only funds you have are in a cryptocurrency, the payment will fail. Our exchange rate for buying or selling cryptocurrency is set by us, based on the rate that the crypto exchanges offer us.
To make a Bitcoin, Litecoin, Ether, Lisk, Dash, or other cryptocurrency deposit, select the Wallets tab from the left menu, then select the currency you want to add. Investing or trading Bitcoin only requires an account on an exchange, though further To buy bitcoin you need a digital wallet, personal identifying documents,.
It is a variable exchange rate and, which means it is constantly changing. You can always see the current rate in the Revolut app. We charge you a small fee on crypto exchanges as set out in our Fees Page. The exchange rate may change between the time you told us you wanted to buy or sell cryptocurrency and the time we actually buy or sell it on your behalf. This means that if you ask us to buy cryptocurrency, you may receive a little more or less cryptocurrency than what you had expected and if you ask us to sell cryptocurrency, you may receive more or less e-money than you expected.
Remember, unless you are a Premium or Metal customer, you can make a set amount of free exchanges in crypto, commodities and foreign currencies every month. However, after that, you will start paying a fair usage fee. The set amount depends on what your base currency is and is set out on our Fees Page.
This fair usage fee applies in addition to any crypto fees. Cryptocurrency carries significant risks. You should carefully consider whether it is appropriate for you to buy cryptocurrency. This could happen if, for example:. The price or value of cryptocurrencies can rapidly increase or decrease at any time.
This means that if you make a payment using your Revolut card, and the only funds you have are in a cryptocurrency, the payment will fail. Use promo code grabmore for boosted welcome casino bonus at wir wetten! Identity theft is real. En travaux. If you have a complaint, please contact us. You can transfer cryptocurrency to someone online without a go-between, like a bank. No matter which one you choose, you are in good hands.
It may even fall to zero. Unlike normal money, no bank or government can stabilise the value of cryptocurrency if it changes suddenly. A fork is a sudden change in how a cryptocurrency works. A fork may seriously change the function, value or even the name of a cryptocurrency. Unfortunately, for reasons beyond our control, a fork may cause a cryptocurrency we hold for you to be split into two cryptocurrencies. If this happens, the following may apply, as we see fit:. You may have to pay taxes or costs on our crypto services.
We are not responsible for collecting these from you, for making any payments on your behalf, or for providing any reports relating to tax. Nothing in these terms and conditions removes our liability for death or personal injury resulting from our negligence or for fraud or fraudulent claims and statements. If you break these terms and conditions in a serious way, and this causes us to suffer a loss, the following will apply:. You can end the agreement at any time by letting us know through the Revolut app, by writing to us at our head office, or by emailing us at feedback revolut.
However, we may let you know that we are immediately ending this agreement if any of the following apply:. If we end this agreement we will sell all the cryptocurrency that we hold on your behalf and place the equivalent amount of e-money in your Revolut account. It will also suspend an account if the site is accessed from behind an anonymising service such as a proxy or Tor network.
It also learned the consequences of not complying with US Federal laws after one of its Wells Fargo accounts was seized after Mt Gox failed to complete the correct documentation about its services. The pervasive association between anonymity and crime has permeated arguments about establishing identity on social networks , with governments requiring proof of identity on the Internet and security experts basically stating anonymity is a synonym for crime.
Perversely, it could help in giving legitimate users a false sense of security when dealing with others on that service. It is also worth remembering that cybercriminals are first and foremost, business men and women. Services like Liberty Reserve were attractive and useable because their value was fixed. The problem with Bitcoin, as investigative journalist Brian Krebs has pointed out is its value fluctuates wildly and most of the activity in Bitcoins has come from speculative traders, not people actively using it as an everyday currency.
If you agree to transfer Bitcoin to someone for laundering, the value can increase or decrease to such an extent that it significantly impacts the agreed exchange value. The main beneficiary of the demise of Liberty Reserve will in all likelihood be WebMoney , which for all intents and purposes operates in the same way as Liberty Reserve did.
It is based in Russia, away from the scrutiny of the US authorities. WebMoney spokesman Vyacheslav Andryushchenko has stated its 20 million users have all agreed to not engage in money laundering and their accounts are monitored for suspicious activity. Mesopotamian mud: a journey through voice and vessel — Cambridge, Cambridgeshire. Edition: Available editions United Kingdom. Become an author Sign up as a reader Sign in.
David Glance , University of Western Australia.