The best solution for currency exchange is Revolut
You’ll have no doubt heard me mention in my previous blogs and vlogs Revolut. Well if you do any kind of currency exchange at all, now including Bitcoin, you need this app! I can’t recommend this enough (no I’m not on any kind of incentive other than to help my friends get the best rates going).
Put simply Revolut gives you inter-bank exchange rates and has no fees to exchange the currency, yes you heard me right. Now you’re probably thinking what I was, that it sounds too good to be true, right? Well, it’s not. I’ve been using this for a while now and it’s the best solution out there hands down.
Whats the catch? There is no catch, if you want to withdraw cash (fiat currency, EUR, GBP etc) then you can do so up to £200 or equivalent every month from any cash machine without any charges, after the 200 you get charged a flat rate of just 2% so £2 for every £100 you withdraw.
These are the only charges, you can opt for a premium membership which gives you a £400 or equivalent free of charge every single month, it’s €7.99 per month and you get free overseas medical care included in that as well as free “turbo transfers” which show up within a couple of hours into any account.
Now if you don’t want to withdraw cash using your Revolut card you don’t have to! You can simply transfer the amount to your UK or EU bank account and then withdraw cash from there! So zero fees!
Oh, and you can freeze and set monthly spending limits one or more, any or all of your cards!
You can now easily buy bitcoin at the best rates using Revolut!
In summary, Premium accounts have:
1. Unlimited free FX volume vs £5000/€6000 monthly free limit on standard account (spend, transfer and exchange anywhere in the world without FX fees regardless of the amount transacted)🚀
2. Free Premium cards (with 3 unique custom designs)💳
3. Free Global express delivery🌍
4. Free overseas medical insurance for EEA residents🤢
5. Free spare cards💳
5. Double the ATM limit vs Revolut Basic (£400 / €400 / $400 / 400CHF / 1600PLN / 3,000DKK / 4,000SEK / 4,000NOK / 1,600RON or currency equivalent per month per month)💰
6. Exclusive 24/7 customer suppor💬