Can I Buy Bitcoin with Revolut?

Yes, Revolut allows users to buy Bitcoin, Ethereum and 200 other cryptocurrencies, but the cost structure is worth considering. Revolut charges a monthly subscription fee starting at €3.99, a 1% trading fee and an additional spread of 1-2%. These fees can add up, making it a pricier choice for regular trading.

For a more cost-effective approach, consider transferring funds from your Revolut account to a regulated European crypto exchange. Look for platforms licensed by local regulators like the OAM or AMF to ensure secure and compliant digital asset investing.

How to Buy Crypto with a Revolut Account

Revolut users looking to invest in cryptocurrencies can transfer funds to a dedicated crypto exchange for more options and lower fees. Kraken is an excellent alternative, offering over 280 cryptocurrencies, staking rewards, and a secure platform fully regulated across Europe. It supports instant EUR deposits from Revolut accounts via IBAN, bank transfer, cards and more.

Here’s a quick guide to investing in crypto using Revolut to fund your Kraken account:

1. Create an Account: Register on Kraken’s website and complete identity verification.
2. Deposit Funds: Go to the ‘Funding’ section, select Euros, and deposit using IBAN, bank transfer, or your Revolut card.
3. Choose Your Cryptocurrency: Browse Kraken’s extensive list to find the crypto you want to buy.
4. Complete the Purchase: Enter the amount, review the transaction, and confirm your trade.

Revolut Crypto Trading Fees

Revolut charges a 1.5% trading fee on Bitcoin and 2.5% for other cryptocurrencies. Metal and Ultra account holders can take advantage of a discounted rate of 1% for Bitcoin and 2% for other coins. 

Additional costs include spreads of 1-2% and a tiered fee structure that slightly reduces fees based on monthly trading volume, but only for substantial transaction amounts (e.g., 1.29% for €50,000+ in trades). 

Furthermore, Revolut requires a subscription fee starting at €3.99 per month, which adds to the overall expense of using the platform for frequent trading.

About Revolut Crypto and Revolut X

Revolut makes crypto trading accessible with over 210 tokens, secure transfers, and features like recurring buys for automated investing. Integrated natively with Revolut’s online banking app, the crypto platform allows users to buy, sell, and move assets like BTC, ETH, and SOL between their Revolut account and external wallets.

For advanced users, Revolut X offers lower fees (0% maker, 0.09% taker), high liquidity, and enhanced trading tools through TradingView charts. Both platforms offer best-in-class security, holding most assets in cold storage and ensuring easy on and off-ramping between fiat and crypto. 

Bottom Line

Buying Bitcoin with Revolut is possible, but the fees can pile up fast with trading charges, spreads, and a monthly subscription. If you want to cut costs, transferring funds to a regulated exchange like Kraken offers a smarter alternative. 

Kraken not only provides lower fees but also supports a broader crypto selection, secure IBAN and Revolut card deposits, and full European regulatory compliance.