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  1. #1
    Master
    Join Date
    Aug 2015
    Location
    Leeds, West Yorkshire, UK
    Posts
    1,223
    Quote Originally Posted by Dodge_r View Post
    So this will probably look harder than what it is, but is easier in practice.

    Revolut
    1) Open a Revolut EUR account [this way you get the correct IBAN and BIC details]
    2) Convert GBP into EUR
    3) Select 'Send Money' [the big pink button on the app]
    4) Select 'bank transfer'
    5) Enter account details found on the Coinbase app
    6) Send at least 6 euro to Coinbase using your unique Coinbase ID [this is the important bit!]

    Then wait for the transfer and for Coinbase to update your account. My Revolut and Coinbase accounts were then linked within a day.

    Coinbase
    1) Sell whatever Crypto you hold
    2) This is deposited into your EUR wallet
    3) Click withdraw on your EUR wallet
    4) Your Revolut EUR details will be automatically added
    5) Confirm
    6) Wait for the transfer

    Revolut
    1) Receive funds and keep in EUR or convert to GBP.
    2) Once in GBP - withdraw to your normal bank account.

    So it's really clunky to buy and sell digital currency but it's easier to do it than what it looks.

    I tried it with a few small amounts as a proof of concept first and it worked perfectly. I'm hoping when the process becomes easier to buy cryptos, the price will shoot up even more as it becomes more accessible.

    Hope this helps!

    Edit: Once the accounts are linked, you can fund or withdraw really easily as an established beneficiary...
    Revolut step 6 didn't work....Revolut gave me a message when I clicked Send saying "Request for your bank transfer has failed. Beneficiary is not allowed"

    Seems it's not just me:
    https://community.revolut.com/search?q=pay%20coinbase

    So really curious how you did it.
    Last edited by ViperStripes; 29th November 2017 at 23:57.

  2. #2
    Apprentice
    Join Date
    Jul 2017
    Location
    Liverpool
    Posts
    21
    Quote Originally Posted by ViperStripes View Post
    Revolut step 6 didn't work....Revolut gave me a message when I clicked Send saying "Request for your bank transfer has failed. Beneficiary is not allowed"

    Seems it's not just me:
    https://community.revolut.com/search?q=pay%20coinbase

    So really curious how you did it.
    That's really strange, I've sent thousands to my account and a little bit back into Revolut, in fact I sent EUR400 less than a week ago... I've cut out the identifying details, but it's really odd than I can do it unimpeded and you can't...


  3. #3
    Master
    Join Date
    Jun 2008
    Location
    The corner of Miles and Gil
    Posts
    1,466
    Quote Originally Posted by Dodge_r View Post
    That's really strange, I've sent thousands to my account and a little bit back into Revolut, in fact I sent EUR400 less than a week ago... I've cut out the identifying details, but it's really odd than I can do it unimpeded and you can't...

    Mine seems to be working - just got confirmation from Coinbase that the €6 went through.

  4. #4
    Master
    Join Date
    Aug 2015
    Location
    Leeds, West Yorkshire, UK
    Posts
    1,223
    Quote Originally Posted by Neil.Ldn View Post
    Mine seems to be working - just got confirmation from Coinbase that the €6 went through.
    Can you do a screenshot of the Coinbase Account details you set it up with please (in Revolut)? Obviously blank out your Coinbase ID.

    - - - Updated - - -

    Quote Originally Posted by Neil.Ldn View Post
    Mine seems to be working - just got confirmation from Coinbase that the €6 went through.
    Quote Originally Posted by Dodge_r View Post
    That's really strange, I've sent thousands to my account and a little bit back into Revolut, in fact I sent EUR400 less than a week ago... I've cut out the identifying details, but it's really odd than I can do it unimpeded and you can't...

    Can you do a screenshot of the Coinbase Account details you set it up with please (in Revolut)? Obviously blank out your Coinbase ID.

  5. #5
    Grand Master Passenger's Avatar
    Join Date
    Apr 2014
    Location
    Cartagena, Spain
    Posts
    25,709
    Psstt I got some great tulip bulbs, bidding starts at....

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