UK doesn’t.
I use
Revolut
Uphold &
Xapo
for Bitcoin to Fiat purchases
Discussion
Ok. I have the Revolut card as well but they suck. They're literally refusing to accept BTC deposits from addresses I've previously withdrawn to FROM Revolut. I only us them when I have to and I'm running low on BTC enabled debit cards atm thanks to being in Germany at this time.
I’ve bought and taken Bitcoin off Revolut and I’ve spent BTC on their “crypto debit card” but I’ve never tried depositing Bitcoin to them.
Thanks for the heads up 🙏
This has happened several times over the last two years and of course they'll charge a fee when they're returning the funds. I still don't have an answer from them on the "why" they're rejecting re-deposits from addresses that have been only used to withdraw BTC from Revolut. Hence the "source of funds" is Revolut and them rejecting those deposits is just ridiculous.
Wait, they signed a BTC transaction & later they actually refused to acknowledge it? And that's common for them?
No. They let you buy BTC and withdraw it but if you re-deposit from that KYC address (only used with Revolut) most of the time they reject the deposit after requesting "source of funds" which is Revolut. Then they return the deposit minus a transaction fee.
But I mean, the source of funds is a txn that they actively, provably signed, if you present the txid, why would they shrug and reject the deposit? Do they not want the BTC?
Yes I 100% agree with you but they don't and I put BTC from them into new addresses on purpose since those sats are KYC'ed. So there is also no dubious funds in those addresses. Only Revolut KYC sats.