Convert Revolut/Transferwise to Crypto

dirkpenton

New Member
I need a way to transfer funds from EMI's like Revolut and Transferwise, And purchase Bitcoin.

Nearly all merchants are blocked by these 2, so you cannot purchase directly. Anyone got a working method i can use ?

Thanks
 

speedster

Building Trust
Entrepreneur
I need a way to transfer funds from EMI's like Revolut and Transferwise, And purchase Bitcoin.

Nearly all merchants are blocked by these 2, so you cannot purchase directly. Anyone got a working method i can use ?

Thanks
AdvCash should work...
 

Elve

Building Trust
Entrepreneur
The commissions to buy bitcoin in advcash seem very high to me and there are other cheaper options.

There are platforms to buy bitcoin that provide personal IBAN such as crypto.com, wirex, globitex.

Normally Transferwise and revolut will not reject your transaction if the funds are sent to an IBAN in your name.
 

dirkpenton

New Member
The commissions to buy bitcoin in advcash seem very high to me and there are other cheaper options.

There are platforms to buy bitcoin that provide personal IBAN such as crypto.com, wirex, globitex.

Normally Transferwise and revolut will not reject your transaction if the funds are sent to an IBAN in your name.
Is there maybe a SAFE medium to use? Between Revolut and "crypto.com, wirex, globitex "

So from Revolut, Send somewhere that accepts IBAN transfers which is NOT Crypto Related, than Purchase the crypto with that?

Revolut ---> Middleman --> Crypto
 

Elve

Building Trust
Entrepreneur
Crypto.com, wirex and globitex give you a personal iban in your name to load the respective accounts, there is no need for an intermediary. A personal Iban is not necessarily related to crypto.

Revolut ----> To your personnal IBAN in your name (your crypto.com, wirex or globitex account is loading automatically).
 

quartz911

Member
Mentor Group
Crypto.com, wirex and globitex give you a personal iban in your name to load the respective accounts, there is no need for an intermediary. A personal Iban is not necessarily related to crypto.

Revolut ----> To your personnal IBAN in your name (your crypto.com, wirex or globitex account is loading automatically).
Is it will be problem with CRS report ?
 

keggo

New Member
Mentor Group
You can buy bitcoin on wirex via your transferwise debit card. Havent tried big amounts though.

You can also transfer the money to an epayments bank account and exchange the money directly to bitcoin. However, the fee is higher than on wirex or other platforms.
 

georgio

Active Member
Why not sending directly the amount of money to the crypto exchanges? You will get reported? I have done it till now only for smaller amounts of money. I guess the issue would be if you cash in to the EMI some big rewards..
 

dirkpenton

New Member
How small are "smaller amounts" ? I guess you could, i just would rather not risk the EMI accounts I hold money in, I would much rather have a new one, and just use it as a middleman, just in case something happens to it.
 

Elve

Building Trust
Entrepreneur
You can also transfer the money to an epayments bank account and exchange the money directly to bitcoin. However, the fee is higher than on wirex or other platforms.
That is also a good option, but instead of buying in epayments, it is better to transfer funds from epayments to dsx.uk

You can link the epayments account with DSX
 

Elve

Building Trust
Entrepreneur
Is the DSX platform a trading platform or just an exchange?

What do you mean just an exchange? You link your epayments account in your DSX account and you can make fiat transfers from DSX to Epayments or vice versa for free. Transfers are generally instant.
 

avalanche

Building Trust
Entrepreneur
Is there any way to buy bitcoin with paypal? expect of local dealers ?
You are unlikely to find a good deal with Paypal because of their refund policies. Money changers do not like the possibility of having their Paypal transaction pulled back after they sent crypto.
 

Admin

Forum Moderator
Staff member
What do you mean just an exchange? You link your epayments account in your DSX account and you can make fiat transfers from DSX to Epayments or vice versa for free. Transfers are generally instant.
Okay, that was actually what I was asking for. I never tried the DSX exchange with ePayments.

Is there any way to buy bitcoin with paypal? expect of local dealers ?
There are only a lot of Russian exchange servicesthat will do it. You want to use them at your own risk. AdvCash actually has a huge list integrated in their system where it is possible to exchange forth and back as well as from PayPal.

I have tested it with a small a mount on a sperated wallet (don't use your main wallet) and it worked fine.
 
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