How to Buy USDT with Revolut

Can I Buy USDT with Revolut?

Revolut, a popular app for trading various cryptocurrencies, doesn't let you buy Tether (USDT) directly. To get USDT, you'll need to use a regulated exchange that accepts funds from a Revolut bank account. You can link your Revolut account to these platforms to transfer money easily. Make sure the exchange follows financial regulations, like those from the Financial Conduct Authority, to keep your transactions safe.

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How to Buy Tether (USDT) with Revolut

Buying USDT using Revolut is straightforward on platforms like Bybit, which complies with international regulations and offers an intuitive trading experience. Bybit stands out with over 1,100 cryptocurrencies, including USDT, and supports funding through Revolut. It is regulated and supported in over 150 countries, trusted by 25 million users.

Here’s how to purchase USDT on Bybit using Revolut:

1. Create an Account: Sign up on the Bybit platform.
2. Deposit Funds via Revolut: Log in and deposit funds from your Revolut account. You can use multiple currencies, such as USD, EUR, HKD, and GBP.
3. Select USDT for Trading: Find USDT in the trading section.
4. Complete Your Purchase: Enter the amount of USDT you want to buy in your chosen currency and finalize the transaction.

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What are the Fees?

When converting currencies like USD, EUR, and GBP to USDT using Revolut, users may face different fees, including deposit, trading, and withdrawal charges. These fees vary across cryptocurrency exchanges, with trading fees typically ranging from 0.1% to 0.5%.

Bybit, known for its competitive 0.1% trading fee, applies this low rate to all transactions, including USDT trades. This low fee, combined with Bybit's high liquidity, makes it a cost-effective option for Revolut users converting fiat currencies to USDT.

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Will Revolut Support Stablecoins?

Revolut currently does not support stablecoins like USDT, USDC, and DAI, likely due to the evolving nature of these assets. Although stablecoins are gaining popularity, they are still developing within the financial sector.

The regulatory landscape for stablecoins is not yet well-defined, unlike traditional financial systems. This uncertainty creates challenges for platforms like Revolut, which prioritize compliance. Without clear regulations, integrating stablecoins into Revolut’s services remains a significant hurdle.

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About Revolut

Revolut, a leading financial technology company, offers a seamless crypto experience with over 150 tokens available for trading and transferring. Founded in 2015, Revolut has grown to provide comprehensive financial services, including crypto, to millions of users worldwide. With competitive fees as low as 0.49% (depending on your plan), users can make fast trades and easy transfers. Most cryptocurrencies are stored securely offline in cold wallets. Revolut's plans, ranging from free to £45/month, provide various benefits, ensuring users can choose the best fit for their needs.

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Bottom Line

While Revolut doesn't support direct purchases of Tether (USDT), you can still acquire USDT by using a regulated exchange like Bybit, which accepts Revolut for funding. Bybit offers low trading fees and high liquidity, making it an efficient choice for converting fiat currencies to USDT. Ensure the exchange you choose complies with financial regulations to keep your transactions secure.