Has anyone used the Revolut app to buy bitcoin for gambling?

Discussion in 'General Bitcoin Gambling Discussion' started by Jake21, May 10, 2019.

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  1. Jake21

    Jake21 Member

    Those of you living in the United States are lucky enough to have the Cash App to make cryptocurrency purchases. Unfortunately, that app is currently only available in the USA so I'm looking for something similar that is available throughout the world and is as easy to use. Many of my friends in Europe use the Revolut app and I've just noticed that they've added a cryptocurrency exchange so I'm wondering if anyone here has bought bitcoin, litecoin or ethereum using that app and transferred it to a sportsbook or casino? What are their rates like? Will they shut your account if you buy bitcoin to use for online gambling?

    https://www.revolut.com/exchange-cryptocurrency
     
  2. Humble Servant

    Humble Servant Active Member Staff Member

    It's my understanding that they don't allow withdrawals of bitcoin yet so it's purely for buying for speculation purposes. In the beginning Cash App didn't allow you to withdraw bitcoin but now they do so maybe Revolut will enable withdrawals in the future also.
     
  3. Toast

    Toast Member

    Yes, this is true for now. I read somewhere that they are working on allowing users to withdraw BTC and other crypto's. Skrill and Neteller also allow you to buy but not withdraw. I think Cash App is the only one that allows you to transfer your crypto to your own wallet.
     
  4. OliverWilkins

    OliverWilkins New Member

    Why not? If you are only thinking of investing in cryptocurrency, you can freely use Revolut. And why bet if you can invest with less risk. Investments in the stock market usually lead to an estimated positive return on average in the long run. I use Revolut for investments in Bitcoin, the prices are a bit high here but it has perfect graphs where you can easily analyze the history of a few cryptocurrency that they offering you to buy. Of course, you don't own this crypto and you can not transfer on any another wallet, but it' okay just to buy and sell. And what is good that it's really safe, no one can steal you crypto because you don't own it. If you want more tips about safe investing in cryptocurrency you can visit this site.
     
    Last edited: Oct 25, 2020 at 10:16 PM
  5. FacelessStuart

    FacelessStuart New Member

    Unfortunately, this app is not working in my region, but I have heard a lot about it. In my opinion, it should be okay to change the currency for gambling, because it doesn't matter for which aim you are going to exchange it. I am not sure in this, but for playing on Fairspin I was using a tremendous number of different exchangers and I have never seen such trouble. They are just interested to do as many deals as possible and to receive the profit from this and your reasons for exchanging is not so important for them.
     

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