Bitcoin

[scucivolo]

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...

About step 6.. what do you mean by “using your Coinbase ID”?

I just did the whole thing, using the details Coinbase has provided me.. received an email from Revolut saying that the transaction was being processed.. and then after about ~30mins a second email arrived stating that the transaction was successful.. opened up Coinbase, to find nothing!

is it a matter of time? Or did I do something wrong?

Thank you


Sent from my iPhone using Tapatalk

[Dodge_r]

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 - - -

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

I'm away from my computer, but it's just the standard Coinbase account details when you press 'deposit' on your EUR wallet. I copied them over from Coinbase into Revolut and it's now saved as a beneficiary, so it takes seconds to send my Coinbase account more money.

About step 6.. what do you mean by “using your Coinbase ID”?

I just did the whole thing, using the details Coinbase has provided me.. received an email from Revolut saying that the transaction was being processed.. and then after about ~30mins a second email arrived stating that the transaction was successful.. opened up Coinbase, to find nothing!

is it a matter of time? Or did I do something wrong?

Thank you


Sent from my iPhone using Tapatalk

If you've had the e-mail from Coinbase you will have entered the correct details, otherwise they would have just received an anonymous payment. But the Coinbase ID is the reference you get when pressing the 'Deposit' button on your EUR wallet. Strange that it didn't appear instantly once you had the email however.