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Cryptocurrency Withdrawal Limitations with Revolut

Here’s what you need to know:

1. Eligibility for Blockchain Withdrawals

Revolut allows users to send cryptocurrencies to external addresses, but not all users may be eligible for blockchain withdrawals. This could be due to the type of cryptocurrency selected or the user’s location. Revolut is continually working on expanding support for more currencies and locations.

2. Adding a Crypto Address

To send crypto to an external address, you’ll need to add a crypto address. This can be done by scanning a QR code or manually entering the information. Once you’ve added a crypto address, Revolut will send you a six-digit code via SMS to confirm the transaction.

3. Limitations Based on Location

While Revolut is working on expanding its services, some users may find that the ‘Wallets’ option does not appear when they try to send crypto. This means that they are currently ineligible for blockchain withdrawals, possibly due to their location.

4. Always Check for Updates

Revolut is constantly working on expanding its services and improving the user experience. Therefore, if you’re currently unable to make blockchain withdrawals, it’s worth checking back regularly for updates.

5. Daily/Monthly Withdrawal Limits

Daily and monthly withdrawal limits are in place. When you attempt a withdrawal, these limits will be displayed within the app. Please note, these limits are subject to future review and adjustment.

Remember, when dealing with cryptocurrencies, it’s crucial to stay informed and understand the limitations that may apply. If you have any questions or concerns, don’t hesitate to reach out to Revolut’s customer support for assistance.

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