You will have the right to transfer it to another Revolut user, and the right to exchange it back into e-money or cryptocurrency.The precious metals held by Revolut users on the Revolut app are backed by real precious metals that we buy and hold with a secure financial institution.
The value of investments can go up as well as down and you may receive less than your original investment or lose the value of your entire initial investment. We may refuse your instruction if:You cannot cancel any instruction to exchange precious metals.When you exchange e-money or cryptocurrency for precious metals, your account will be credited with a corresponding quantity of precious metals. If you donât like the change, you can end your agreement with us. Adding Gold to the assets people can buy to pay in fiat currencies would be useful and more stable than cryptos. When we accept your instruction, weâll transfer the relevant value of precious metals to them. We donât charge you any other fees for this service.The exchange rate is a variable exchange rate and is changing constantly. We’re excited to be able to offer this new feature, and we welcome your feedback to make it even better. You can always see the current exchange rate in the Revolut app.The exchange rate may change between the time you told us you wanted to buy or sell precious metals and the time we actually buy or sell it. Adding Gold to the assets people can buy to pay in fiat currencies would be useful and more stable than cryptos. Learn more by reading our full Exchange money with no hidden fees. This exchange rate includes our fee for our Precious Metal Services. The amount you see is backed up by real, physical gold, that we buy and hold with a secure financial institution. Same low fees approach is taken in providing an option to buy and sell Gold (ticker XAU at financial markets). This firm will hold the gold purchased by a customer via the Revolut App. Also, many people are interested in investing in Revolut because it provides ease of use and cuts the high costs traditionally charged by banks but there isn’t a way to do that, is there any plans to give members an option to invest?
However, we cannot guarantee that we will be able to buy or sell precious metals at the price you set and we are under no legal obligation to do so.We set the exchange rate for our Precious Metal Services and show it on the Revolut app.
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Many thanks.
Not so many things passed such a long time test! Send money locally and internationally. First cryptocurrencies, then stocks, now precious metals. Join 10M+ already using Revolut. Adding Gold to the assets people can buy to pay in fiat currencies would be useful and more stable than cryptos. When thinking about As you might imagine, the process of coming up with these new colourways was an arduous one for the Revolut design team. Exchange, send and receive 28 currencies in seconds.
number of visitors to our website, and see how visitors browse our website, so we can improve it Obvious savings on FX but also excellent analytics. However, we may end this agreement immediately if any of the following apply:If we end this agreement , or stop offering a particular precious metal, we will exchange all the relevant precious metals that you hold on the Revolut app back into e-money in your Revolut account at the exchange rate at the time.
As you’d expect, our goal is to make trading gold as safe, simple, and cost-effective as possible. Revolut.