Difference between revisions of "Revolut"

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'''Revolut''' offers banking services in [https://www.revolut.com/help/getting-started/verifying-identity/what-countries-are-supported various countries] with [https://www.revolut.com/help/getting-started/adding-money-to-revolut various currencies]. It is most heavily used in the EUR market, but has seen action in other markets increase as Revolut has expanded the markets it operates, representing a good chance for international payments and USD payments.
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'''Revolut''' is a payment method that offers banking services, including instant Revolut-to-Revolut transfers. It is available in [https://www.revolut.com/help/getting-started/verifying-identity/what-countries-are-supported various countries] with [https://www.revolut.com/help/getting-started/adding-money-to-revolut various currencies], making it a popular option for EUR trades on Bisq and a good possibility for other international payments.
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Due to issues with other banks, it's not possible to add a Revolut SEPA account at Bisq. This payment method is only for transfers between Revolut users.
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{{Admonition_Warn|'''Revolut-to-Revolut ONLY:''' Due to recurring issues with traditional bank transfers, you '''cannot''' use a Revolut IBAN for a SEPA trade or Revolut's bank details for a Faster Payments trade on Bisq. This payment method is strictly for instant transfers between two Revolut users.}}
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{{Admonition_Note|'''Version Context:''' The details on this page, particularly regarding account signing, apply to trading on '''[[Bisq 1|Bisq v1]]'''.}}
  
 
__TOC__
 
__TOC__
  
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== Creating the account in Bisq ==
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== Revolut Characteristics ==
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* '''Availability:''' Global (supports various currencies, heavily used in EUR market).
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* '''Maximum Trade Duration:''' 1 day.
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* '''Maximum BTC Limit (for a fully-signed account):''' 0.0625 BTC.
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* '''[[Account_limits|Account Signing]] Required:''' Yes.
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== Trading Limits ==
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Because Revolut is a higher-risk payment method, it is subject to '''[[Account_limits|account signing]]''' to raise trade limits. Your selling limit is unaffected and is always the maximum for the payment method.
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* '''Unsigned Accounts:''' When you first create a Revolut account in Bisq, your buy limit is restricted to '''0.002 BTC'''. This limit remains until the account is signed.
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* '''Signed Accounts:''' To get your account signed, you must successfully complete a trade with a peer whose own account has been signed for at least 30 days. After your account is signed, your buy limit increases over time:
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** '''First 30 days after signing:''' Your buy limit remains at '''0.002 BTC'''.
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** '''30-60 days after signing:''' Your buy limit increases to 50% of the maximum ('''0.0312 BTC''').
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** '''After 60 days of signing:''' Your buy limit increases to the full 100% ('''0.0625 BTC''').
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== Setup ==
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=== 1. Find Your Revolut Username (Revtag) ===
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First, you need to find your Revolut username, which Revolut calls a '''Revtag'''. This is what your trading peer will use to pay you.
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To find your Revtag in the current Revolut app:
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# Open the Revolut app to the main '''Home''' screen.
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# Tap on your '''profile icon or initials''' in the '''top-left corner'''.
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# On your Profile screen, your Revtag is displayed under your name, formatted like `<code>@username</code>`.
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# '''Revtags are case-sensitive.''' Note it down exactly as it appears in the Revolut app, '''including the `@` symbol'''.
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=== 2. Create the Account in Bisq ===
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{| class="wikitable" style="background-color: transparent; border: none;"
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| style="vertical-align:top; border: none; padding: 0 1em 0 0;" |
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To create a Revolut [[Create_a_payment_account|payment account]] in Bisq, you primarily need to input your '''Revolut username (Revtag)''' into the "User name" field. Be sure to enter the full Revtag exactly as it appears in your Revolut app, '''including the `@` symbol'''. You may also need to select the currencies you wish to trade.
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Remember that ''none'' of this information can be modified after an account is created. [[Account_limits#Account_signing|Account signing]] data is tied to these details and can be lost if your data directory is not [[Backing_up_application_data#Back_up_payment_accounts|properly backed up]].
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| style="vertical-align:top; border: none; padding: 0;" |
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[[File:Revolut create account.png|thumb|400px|right|Setting up a Revolut account in Bisq v1.]]
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|}
  
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[[File:Revolut create account.png|thumb|400px|right|Setting up a Revolut account in Bisq.]]
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== Trading Process ==
  
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To create a Revolut [[ Create_a_payment_account | payment account]] in Bisq, you need to input the country for your Revolut account, your revolut username (since [https://github.com/bisq-network/bisq/pull/4453 v1.3.8]), and the currencies that you wish to trade with the account.
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=== Buying BTC with Revolut ===
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# Make or take an offer to buy BTC using Revolut. If your account is unsigned, look for offers from sellers with a signed-account badge to get your account signed.
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# Once the trade starts and the deposit confirms, view the seller's Revolut details (their Revtag) in the Bisq trade screen.
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# Log in to your Revolut app and send the exact payment amount to the seller's Revtag. Revolut's help center explains [https://www.revolut.com/help/transfers/outbound-transfers/sending-money-to-another-revolut-user/how-do-i-pay-other-revolut-users/ how to pay other Revolut users].
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# After sending the payment, click the '''Payment started''' button in Bisq.
  
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Remember that ''none'' of this information can be modified once an account is created, and [[Account_limits#Account_signing | account signing]] data can be lost if not [[Backing_up_application_data#Back_up_payment_accounts|properly backed up]]. If you edit your username, a new Bisq account should have to be created, unsigned and with 0.01 BTC trading limits.
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=== Selling BTC with Revolut ===
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# Make or take an offer to sell BTC using Revolut.
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# Once the trade starts and the deposit confirms, the buyer will see your Revolut Revtag.
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# Wait for the buyer to send the payment and click "Payment started" in Bisq.
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# Log in to your Revolut account and '''verify''' you have received the correct amount.
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# '''Verify''' the payment came from a sender whose name '''matches''' the BTC Buyer's name shown in the Bisq trade details. ''(Note: If the names do not match, do not confirm the payment. Open [[Dispute_Resolution_in_Bisq_1|dispute resolution]] immediately.)''
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# Once payment is fully verified, click '''Confirm payment receipt''' in Bisq to release the BTC.
  
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== Revolut username ==
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== Troubleshooting & Disputes ==
  
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On the bottom of your Revolut app, tap the ''two arrows'' symbol in the middle. Then, under your real name, there's a <code>@username</code>. This is what should go into your account details, and what you should use to make a Revolut payment. '''Usernames are case-sensitive'''.
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If you have trouble finding your trading peer by their Revtag, check Revolut's troubleshooting article: [https://www.revolut.com/help/transfers/outbound-transfers/sending-money-to-another-revolut-user/i-cant-find-my-friend-on-revolut/ I can't find my friend on Revolut]. A common reason is that you or your peer may need to enable the "Payments with friends" option in privacy settings.
  
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== Pay to username ==
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For any other trade issues (e.g., payment not received, wrong amount), follow the [[Dispute_Resolution_in_Bisq_1|dispute resolution]] process, which may involve a [[Mediator]].
  
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Revolut calls usernames "Revtags", and has a help center article called [https://help.revolut.com/help/transfers/internal-transfers/username-payments/how-can-i-send-money-by-username How can I send money by Revtag?] which explains how to send money to one. If that doesn't work, see [https://help.revolut.com/help/transfers/internal-transfers/username-payments/why-cant-i-pay-someone-by-username Why can’t I pay someone by Revtag?] and make sure that "Payments with friends" is enabled.
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[[Category:Payment methods]]
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[[Category:Guides]]

Latest revision as of 13:55, 26 June 2025

Revolut is a payment method that offers banking services, including instant Revolut-to-Revolut transfers. It is available in various countries with various currencies, making it a popular option for EUR trades on Bisq and a good possibility for other international payments.

Warn
 Revolut-to-Revolut ONLY: Due to recurring issues with traditional bank transfers, you cannot use a Revolut IBAN for a SEPA trade or Revolut's bank details for a Faster Payments trade on Bisq. This payment method is strictly for instant transfers between two Revolut users.
Note
 Version Context: The details on this page, particularly regarding account signing, apply to trading on Bisq v1.

Revolut Characteristics

  • Availability: Global (supports various currencies, heavily used in EUR market).
  • Maximum Trade Duration: 1 day.
  • Maximum BTC Limit (for a fully-signed account): 0.0625 BTC.
  • Account Signing Required: Yes.

Trading Limits

Because Revolut is a higher-risk payment method, it is subject to account signing to raise trade limits. Your selling limit is unaffected and is always the maximum for the payment method.

  • Unsigned Accounts: When you first create a Revolut account in Bisq, your buy limit is restricted to 0.002 BTC. This limit remains until the account is signed.
  • Signed Accounts: To get your account signed, you must successfully complete a trade with a peer whose own account has been signed for at least 30 days. After your account is signed, your buy limit increases over time:
    • First 30 days after signing: Your buy limit remains at 0.002 BTC.
    • 30-60 days after signing: Your buy limit increases to 50% of the maximum (0.0312 BTC).
    • After 60 days of signing: Your buy limit increases to the full 100% (0.0625 BTC).

Setup

1. Find Your Revolut Username (Revtag)

First, you need to find your Revolut username, which Revolut calls a Revtag. This is what your trading peer will use to pay you.

To find your Revtag in the current Revolut app:

  1. Open the Revolut app to the main Home screen.
  2. Tap on your profile icon or initials in the top-left corner.
  3. On your Profile screen, your Revtag is displayed under your name, formatted like `@username`.
  4. Revtags are case-sensitive. Note it down exactly as it appears in the Revolut app, including the `@` symbol.

2. Create the Account in Bisq

To create a Revolut payment account in Bisq, you primarily need to input your Revolut username (Revtag) into the "User name" field. Be sure to enter the full Revtag exactly as it appears in your Revolut app, including the `@` symbol. You may also need to select the currencies you wish to trade.

Remember that none of this information can be modified after an account is created. Account signing data is tied to these details and can be lost if your data directory is not properly backed up.

Setting up a Revolut account in Bisq v1.

Trading Process

Buying BTC with Revolut

  1. Make or take an offer to buy BTC using Revolut. If your account is unsigned, look for offers from sellers with a signed-account badge to get your account signed.
  2. Once the trade starts and the deposit confirms, view the seller's Revolut details (their Revtag) in the Bisq trade screen.
  3. Log in to your Revolut app and send the exact payment amount to the seller's Revtag. Revolut's help center explains how to pay other Revolut users.
  4. After sending the payment, click the Payment started button in Bisq.

Selling BTC with Revolut

  1. Make or take an offer to sell BTC using Revolut.
  2. Once the trade starts and the deposit confirms, the buyer will see your Revolut Revtag.
  3. Wait for the buyer to send the payment and click "Payment started" in Bisq.
  4. Log in to your Revolut account and verify you have received the correct amount.
  5. Verify the payment came from a sender whose name matches the BTC Buyer's name shown in the Bisq trade details. (Note: If the names do not match, do not confirm the payment. Open dispute resolution immediately.)
  6. Once payment is fully verified, click Confirm payment receipt in Bisq to release the BTC.

Troubleshooting & Disputes

If you have trouble finding your trading peer by their Revtag, check Revolut's troubleshooting article: I can't find my friend on Revolut. A common reason is that you or your peer may need to enable the "Payments with friends" option in privacy settings.

For any other trade issues (e.g., payment not received, wrong amount), follow the dispute resolution process, which may involve a Mediator.

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