Revolut is one of the most popular financial applications in the world, known for its versatility in managing payments, economies and investments. On the Crypto side, Revolut allows users to buy, sell and transfer cryptocurrencies easily. Among the services offered by Revolut are:
- Access to the transaction history: you have access to the transaction history and important data on each Crypto transaction.
- Withdrawal Crypto Revolut money: the possibility of sending the cryptocurrencies held to external wallets.
Another very popular exchange platform is Abarai , an Exchange Crypto, which is distinguished by its unique features and the advantages it offers to users, especially to Romania. Among the benefits of the Abarai platform are:
- Simple and intuitive interface: the platform is designed to be easy to use, even for beginners.
- Extended variety of cryptocurrencies: access to over 1039 cryptocurrencies.
- Flexible trading: the possibility of trading any amount of cryptocurrencies, at the best rates.
- Multiple payment methods: accept various payment methods, facilitating the purchase of simple cryptocurrencies for any investor.
- Fast and restricted swap service: swap transactions you enjoy full anonymity and fast transactions.
- Full control over funds: Being a non-customs platform, users have total control over their cryptocurrencies.
- Support in Romanian: Abarai is the only platform in the country that offers customer assistance in Romanian
In this article, we will approach the subject of Crypto Revolut money withdrawal compared to Abarai, from the perspective of an investor, to provide a clear image of the advantages and disadvantages of each platform.
Withdrawal Crypto Abarai money
When you invest in cryptocurrencies, keeping them in a safe place is essential. A own external wallet offers total control over your funds, reducing the risk of unauthorized access or losses due to unwanted incidents from online platforms. Next, you will learn how to withdraw cryptocurrencies using the Abarai platform, to securely store them in an external wallet.
Why choose Abara to manage your cryptocurrencies?
Abarai is a simple, fast and safe platform for purchasing and managing cryptocurrencies. This is why it is noted:
- Without an account or complicated procedures for amounts below 5000 lei - you are trading without having to create an account, being only necessary to provide the billing data.
- Compatibility with multiple currencies - accepts over 45 currencies for transactions.
- Total safety and control - your funds remain 100% under your control, they cannot be hated or blocked.
Now that you have become familiar with the benefits of Abarai, let's move on to the steps for the withdrawal of cryptocurrencies.
What is an external wallet and why is it worth using it?
An external wallet is a device or app used to store cryptocurrencies outside an exchange platform. Advantages include:
- Total fund control - you are the only one who holds private keys.
- Protection against online vulnerabilities - low hacking risk or blocking funds by third -party platforms.
- Flexibility - you can store several types of digital currencies.
The most popular types of external wallets include hardware wallets (eg Ledger , Trector) and software applications (eg Trust Wallet, Exodus).
If you want to know more, we recommend reading our article about digital wallets: "cryptocurrency: Ledger, perfect solution for investors"
Simple steps to withdraw Crypto money toward an external wallet through Abarai
Withdrawing your cryptocurrencies with the help of the Abara Exchange platform is a simple and friendly process for beginner users. Follow the steps below:
- Configures an external wallet
- Choose an external wallet (hardware or software) that fits your preferences.
- Create a unique address for cryptocurrency you want to withdraw (eg Bitcoin or Ethereum address).
- It saves the words "Seed" and the private key in a safe, offline place. Avoid saving this data on your phone or PC to prevent unauthorized access.
- Access your account on Abarai
- Access the website Abarai .
- Select the currency you want to transfer (eg Bitcoin, Ethereum, Litecoin).
- Enter the address of the external wallet
- In the field for destination address, enter the address generated by your external wallet.
- Carefully check the address before continuing. An incorrect address can lead to definitive loss of funds.
- Complete the payment
- Enter the amount you want to withdraw and continue with the transaction.
- Make the payment using the methods offered by Abarai (eg credit/debit cards, bank transfer, electronic wallets).
- Abarai will process the payment in a few minutes, and your cryptocurrencies will be sent immediately to the external wallet.
After a few minutes, check your wallet to make sure of receiving cryptocurrencies. If you have problems, the Abarai support team is always available for assistance.
Withdrawal Crypto Revolut money
The withdrawal of cryptocurrencies from your Revolut account can be done with a few simple steps. Crypto withdrawals are made by a "on-chain" transaction, which implies that they are irreversible once they have been confirmed.
Steps for withdrawal Crypto Revolut money to an external wallet
- Open the Revolut application: from the bottom menu, select the "Cryptocurrency" section.
- Choose the referral option ("Send"): Select the cryptocurrency you want to transfer.
- Select an existing wallet or add a new one: press "New" to insert a new wallet or choose one already saved.
- Enter the desired amount: Check the amount you want to transfer.
- Review the details: Confirm the accuracy of information (address, blockchain network data).
- Finish the transfer: Press "Send" to complete the Crypto Revolut money withdrawal process.
Caution: Always check the recipient's address. If you send funds to a wrong address or use an incompatible network, funds cannot be recovered.
Commissions and limits
- You can check the limits and the associated costs in the application, the "Limits and Fees" section.
- For large transactions, additional verification measures can be applied.
Why a Crypto Revolut money withdrawal can fail?
Although the process is simple, it is possible to have problems. Here are the main reasons why a Crypto Revolut money withdrawal could fail:
The address review
The addresses of the wallets are checked in several stages. If a wallet has been marked as improper from the perspectives of security or regulation, future withdrawals to it will be blocked.
Location or account restrictions
If you make transactions from a location considered high or sanctioned, withdrawals may be blocked. Also, recent account changes or temporary restrictions could prevent transfers.
Suspicions of fraudulent activity
For your safety, Revolut can validate transactions to prevent any fraud. If a transaction is identified as potentially fraudulent, you will receive notifications or that Crypto Revolut money withdrawal will be canceled automatically.
How do I add a wallet to the Revolut app to withdraw crypto?
Adding a new wallet to the Revolut app is simple and fast. Follow the steps below if you want to add a revolut app:
Steps to add a wallet to Revolut:
- Access the "cryptocurrency" section of the application.
- Press "Send".
- Select the desired cryptocurrency.
- Press "add wallet address".
- Complete the details: if the wallet belongs to you, select the "My wallet" option. For wallets belonging to other people, you will enter the full name of the owner.
- Completion Verification: You need to complete a security check by a code received on the phone.
The added wallet will be saved for future uses. Depending on the type of wallet, you can add more compatible tokens.
Differences between Abarai and Revolut for withdrawal Crypto money
The cryptocurrency industry is constantly increasing, and choosing the right platform can directly influence your experience and success. I have seen so far that Romanian investors have two popular platforms for withdrawal Crypto money: Revolut, an international financial application and Abarai, a Romanian non-customs platform that is distinguished by simplicity, accessibility and ultra-competitive exchange rates.
What do we choose: non-customs platform vs custodial platform?
Abarai - total control of cryptocurrencies , without hacking or blocking funds
Abarai is a non-customs , which means that users have complete control over their funds . Basically, the private keys needed to access cryptocurrencies are kept by the user, not by the platform. The benefits of this approach include:
- High security - only you have access to your funds. Even if the platform was hacking, you would not lose anything.
- Absolute freedom - there is no risk that a third party or government authority will block your access to funds.
- Maximum flexibility - you have the opportunity to make transactions quickly, without intermediation or additional approvals.
Revolut - accessible, but with limitations
Revolut works as a custodial , which means that users' funds are managed by the company. What does this mean:
- You lose total control over cryptocurrencies.
- Additional restrictions - sometimes transactions can be blocked or postponed.
- Company addiction for managing all your funds.
Commissions and costs - where do you save more?
The choice of a platform with competitive commissions is essential, especially for users who frequently or in small amounts.
Smaller commissions on Abarai
One of the main advantages of the Abarai platform is represented by its low commissions, which allow considerable savings, especially in the case of reduced values:
- Savings up to 2% compared to Revolut.
For example, a simple cryptocurrency transaction through Abarai will generate much lower costs than if you did the same operation through Revolut. Therefore, the platform is ideal for users who do numerous small or average value operations.
Bigger commissions on Revolut
Why do you pay more? Revolut includes additional taxes that can increase costs, especially when it comes to low transactions. For users who carry out frequent transactions, these taxes can become a burden because they reduce the profit margin. Abarai offers you total transparency: the commission is visible from the beginning, and the transaction is completed under the established conditions, without hidden fees.
Functionality - speed and efficiency
Another important criterion is the speed and ease with which you can perform transactions.
Simplicity of transactions on Abarai
Abarai focuses on fast and direct transactions . Users can make cryptocurrency shopping in a few minutes, without having to wait for further approvals or confirmations. The simplicity of this experience allows:
- Completion of transactions in less than 5 minutes.
- The possibility of reacting quickly to market fluctuations.
Possible restrictions on Revolut
Revolut users can experience restrictions and delays in certain situations. For large or repeated transactions, additional checks are required, which may delay access to funds. In the case of emergency situations, this delay can be problematic.
Why is it a more suitable choice for investors?
Abarai is a complex platform, which combines simplicity, security and accessibility, thus being ideal for any investor. Here are four reasons why you deserve to choose Abarai:
Reduced transaction time as opposed to Revolut
One of the most important benefits of the Abarai platform is the simplicity of use and small transaction times . The intuitive interface allows even a new user to perform transactions in just a few minutes. For example, a user who wants to buy cryptocurrencies for the first time can complete the process in less than 5 minutes, compared to other platforms, such as Revolut, where the initial process can be much longer and complicated.
Abarai eliminates unnecessary barriers and simplifies the process, so you can focus on what really matters - take advantage of the opportunities offered by the cryptocurrency market.
Increased Total and Security
Abarai is a non-customs exchange, which means you are the only holder of the private key and the funds remain exclusively under your control. Unlike custody platforms, such as Revolut, the risk of losing access to cryptocurrencies due to restrictions imposed by third parties is completely eliminated. This is an essential benefit offered by the Abarai platform to users who want a worry -free experience, knowing that only they can access and manage their own funds.
No additional approvals and documentation
Another major advantage of the Abarai platform is the high accessibility. Unlike other platforms that require additional approvals or documentation, you can carry out transactions directly, without waiting for the approval of a third party. Basically, with an internet connection, you can buy or sell cryptocurrencies quickly and efficiently, regardless of the location you are in. For amounts less than 5000 RON there is no need to account or register, you just have to provide billing data.
Smaller commissions than to withdraw money Crypto Revolut
Logistic costs and trading fees can be a discouraging factor on other platforms, but not on Abarai. The implementation of reduced commissions makes Abarai an excellent choice for any investor. As we have shown earlier, users can save up to 2% of the costs compared to Revolut , which brings more value and financial efficiency. The commission structure is flexible and designed to fold on the needs of the users, whether they are trading occasionally, or they are active investors.
Conclusion
Finally, we hope that this article has presented to you all the information you need to help you make a well-founded decision regarding the withdrawal of Crypto money. On the Abarai blog you can find a number of useful educational resources about cryptocurrencies and blockchain technology, which provides valuable information for both beginners and experienced investors. We invite you to read these resources to familiarize yourself with the essential aspects of the Crypto Market and to make informed decisions regarding your investments.
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