Why you Shouldn't use Revolut to Trade Bitcoin or any other Crypto
Bitcoin is on a crazy bull run at the moment. The price has doubled in the last 3 weeks since mid December 2020.
As a result it has attracted a lot of media attention, with some clickbait titles saying it will eventuallly hit €300k/€400k per coin.
This has brought in a lot of retail investors, particularly who haven’t traded before looking to make a some quick money.
But not a lot of people know that when you buy Bitcoin or any other Crypto with Revolut you actually don’t own it personally.
Their policy is to give you the financial value of what it is worth. But this leaves you exposed to whatever policy changes they make in the future.
If you want to properly own te coin it is better to buy through an exhcange like Coinbase.
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