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Using Revolut to Transfer Fiat to Exchanges

  • 09-01-2021 12:16pm
    #1
    Bruno Mannheim
    Registered Users Posts: 125 ✭✭


    Probably been covered somewhere in a thread, but just dont have the time to look, but has anyone done it and how quick was it?

    As your account to Revolut is instantanious almost and I would imagine Revolut wouldnt have the delays to transfer to an exchange to sanction the transfer maybe?

    Right now AIB are saying it could take over a week to transfer to Binance which is ridiculous due to backlogs


Comments

  • #2
    banie01
    Registered Users Posts: 16,440 ✭✭✭✭banie01


    Revolut have a number exchanges excluded from SEPA deposits.
    Kraken and others, it may have changed recently but it was a factor in my not using them as an on ramp anymore.

    Have used N26 for this purpose for almost 2yrs without issue.


  • #3
    Dohnjoe
    Registered Users Posts: 17,747 ✭✭✭✭Dohnjoe


    Bruno Mannheim wrote: »
    Probably been covered somewhere in a thread, but just dont have the time to look, but has anyone done it and how quick was it?

    As your account to Revolut is instantanious almost and I would imagine Revolut wouldnt have the delays to transfer to an exchange to sanction the transfer maybe?

    Right now AIB are saying it could take over a week to transfer to Binance which is ridiculous due to backlogs

    Seconds for me. Coinbase -> Revolut -> Bank account. The other direction I can't remember, there might be a delay from the Bank account -> Revolut part.


  • #4
    Bruno Mannheim
    Registered Users Posts: 125 ✭✭Bruno Mannheim


    banie01 wrote: »
    Revolut have a number exchanges excluded from SEPA deposits.
    Kraken and others, it may have changed recently but it was a factor in my not using them as an on ramp anymore.

    Have used N26 for this purpose for almost 2yrs without issue.

    completed a transfer earlier, bank to revolut to exchange
    test transfer took 1hr
    subsequent one took about 1min

    AIB saying over a week


  • #5
    deegs
    Registered Users Posts: 1,268 ✭✭✭deegs


    Yip revolut to coinbase took an hour or so ��


  • #6
    Spanishpoint
    Registered Users Posts: 58 ✭✭Spanishpoint


    deegs wrote: »
    Yip revolut to coinbase took an hour or so ��

    Yeah, it is not the fastest but it works


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  • #7
    jonny_b
    Registered Users Posts: 645 ✭✭✭jonny_b


    Spanishpoint wrote: »
    Yeah, it is not the fastest but it works

    I tried revolut yesterday on coinbase but it came back saying unsupported merchant


  • #8
    WIZWEB
    Registered Users Posts: 521 ✭✭✭WIZWEB


    I've transferred from Revolut to Binance a few times. Lighting fast ranging from seconds to a few minutes.


  • #9
    Bruno Mannheim
    Registered Users Posts: 125 ✭✭Bruno Mannheim


    WIZWEB wrote: »
    I've transferred from Revolut to Binance a few times. Lighting fast ranging from seconds to a few minutes.

    have you done similar in opposite direction?


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