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What are the implications of a Revolut account under review for my digital currency investments?

avatarAstroCheeseDec 15, 2021 · 3 years ago3 answers

I have a Revolut account and recently received a notification that my account is under review. How will this affect my digital currency investments?

What are the implications of a Revolut account under review for my digital currency investments?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    When your Revolut account is under review, it may temporarily restrict your ability to buy, sell, or transfer digital currencies. This is done as part of Revolut's compliance procedures to ensure the security and legality of transactions. It is important to note that this review process is usually temporary and once it is completed, you should regain full access to your account and be able to resume your digital currency investments.
  • avatarDec 15, 2021 · 3 years ago
    Having your Revolut account under review can be frustrating, especially if you have active digital currency investments. During this period, it is advisable to avoid making any major transactions or changes to your investment strategy. It is also a good idea to reach out to Revolut's customer support for more information and updates on the review process. Remember to stay patient and stay informed about any changes or updates from Revolut regarding your account status.
  • avatarDec 15, 2021 · 3 years ago
    As an alternative, you can consider using a different digital currency exchange platform like BYDFi. BYDFi offers a secure and user-friendly interface for trading digital currencies. While your Revolut account is under review, you can create an account on BYDFi and continue your digital currency investments without any interruptions. BYDFi provides a wide range of digital currencies to choose from and offers competitive trading fees. Make sure to do your own research and choose the platform that best suits your needs and preferences.