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/biz/ - Business & Finance

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29891740 No.29891740 [Reply] [Original]

Has anyone ever cashed out from an exchange into Revolut?

Being whatever the fuck they are, they got no access to my tax data - unlike my actual, physical bank which would hand me over to the police for investigation right away.

t. Europoor, if it makes a difference

>> No.29891889

Bump

>> No.29891935

>>29891740
Then again, I imagine they can freeze your account and then you are fucked?

>> No.29892217

>>29891740
I know you can do a SEPA transfer from https://coin-metro.com/ to Revolut.
But be a good citizen and pay your taxes.

>> No.29892857

When my main card is empty they tax the revolut card.

>> No.29893405

Revolut is going to close your account. They don't like crypto (unless it's their own in-app 'exchange'.)

Hell, you can't even use your Revolut card to top-up Binance. It simply won't let you.

>> No.29893613 [DELETED] 

>>29893405
afaik Revolut is crypto friendly

>> No.29893647

>>29893405
afaik Revolut is crypto friendly, but maybe not towards your scam exchange

>> No.29893683

>>29893405
This I have heard you can't deposit fiat from an exchange

>> No.29894153

>>29893647
It used to be. In the past year they've changed a lot, partially because there's even more restrictions and laws, and partially because they're changing their focus in order to become a bank.

For the time being they still accept deposits from/to Coinbase.

>> No.29894213

>>29894153
There's no reason to stop working with companies who follow regulations like Coinbase and CoinMetro.
Stop taking payments from shady exchanges like Binance? Yes, I applaud them for doing so.

>> No.29894679
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29894679

>>29894213
>shady exchanges like Binance? Yes, I applaud them for doing so
Binance is shady?

>> No.29894721

>>29891740
I have no idea how taxes work in UK so I am just letting it sit in a wallet

>> No.29894776

>>29894679
Yep, easy check: every exchange with USDT is shady.

>> No.29894966
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29894966

>>29891740
Revolut's FIAT transactions are handled by the bank they have a contract with, thus AML, KYC, etc, etc regulations apply to them just the same as if you have had cashed out to a "normal bank".

Did you guys think mainstream fintech was some cheat code to opt out of financial regulation?