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Revolut Crypto review: score, licensing and risks

65/100SCORE · CMixed record Grade C, fair

Revolut holds a banking licence in Europe and a MiCA CASP licence, and buying crypto inside the app is very convenient. Standard tier fees of 1.49 percent or more are among the highest anywhere, and the ability to withdraw to your own wallet has historically been limited depending on asset and region.

The facts

FOUNDED
2015
HEADQUARTERS
London, United Kingdom
CUSTODY
Custodial.
MiCA / EEA
Authorised. Holds a MiCA CASP licence.
US ACCESS
Yes, in some states.
PROOF OF RESERVES
Regulated custody through a third party.
FEES
1.49 percent or more for standard customers, which is very high.
ASSETS
200 plus

How the score breaks down

regulation21/25
security17/25
costs6/15
assets8/15
platform8/10
support5/10

Each dimension is explained on the methodology page.

Where it is strong and where it is not

✓ Strengths
  • A licensed bank in Europe with a MiCA CASP licence
  • Extremely convenient if you already bank there
  • Clean crypto security record
✗ Weaknesses
  • Fees are among the highest anywhere at standard tier
  • Historically limited or no withdrawal to external wallets for some assets
  • Crypto is a side product, not the focus
  • Support is notoriously hard to reach

Incident history

No major security breach or regulatory action on record.

Our read

Convenient and expensive. The bigger issue for many users has been the limits on moving coins to a wallet you control, which defeats much of the point of owning them.
COMPARE
RISK WARNING Crypto assets are highly volatile and largely unregulated. You can lose everything you put in. Nothing on this page is financial, investment or tax advice, and nothing here is a recommendation to buy or sell any asset. Do your own research and never commit money you cannot afford to lose.