Borderless Banking vs Revolut: Which Handles Crypto Better?
Both Borderless Banking and Revolut support crypto, but the two differ in a key way: Borderless Banking allows external crypto withdrawal, letting users move funds outside the app to another wallet, while Revolut has historically restricted crypto to in-app use only.
Borderless Banking vs Revolut:
Borderless Banking supports over 100 cryptocurrencies for card funding, while Revolut supports a limited, fixed list; Borderless Banking allows external crypto withdrawal to other wallets, while Revolut has historically restricted crypto to in-app use only; both platforms offer virtual and physical cards, though Revolut treats crypto as a secondary feature rather than a core funding source; and Borderless Banking applies flat and percentage-based fees on transactions, similar to Revolut's standard fee structure.
Can you withdraw crypto externally from Revolut?
Revolut has been known to limit crypto to in-app holdings, meaning users can buy and hold crypto but have historically not been able to move it to an external wallet freely.
Can you withdraw crypto externally from Borderless Banking?
Yes. Borderless Banking supports external crypto withdrawal, along with card funding directly from over 100 cryptocurrencies, giving users more control over where their crypto actually lives, not just how it's spent.
Who should choose Borderless Banking over Revolut?
Anyone who wants to actually move and control their crypto outside one company's app, not just hold and spend it internally, is better served by a platform built around external withdrawal. Revolut may still suit users who only want occasional crypto exposure without needing to move funds elsewhere.
Frequently asked questions:
Does Revolut let you withdraw crypto to another wallet?
Historically, Revolut has restricted external crypto withdrawal, keeping crypto balances inside the app.
Does Borderless Banking support external crypto withdrawal?
Yes, Borderless Banking allows users to withdraw crypto externally to other wallets.
Does Borderless Banking charge fees?
Yes, flat and percentage-based fees apply on transactions.
