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Deposit and withdrawal methods: Ingenious new deposit and withdrawal method:Revolut

Topic created on 15th Sep. 2018 | Page: 1 of 2 | Answers: 10 | Views: 12,292
Anonym

Ingenious new deposit and withdrawal method:Revolut

15th Sep. 2018, at 12:54 am CEST#1
1 Like

Liked this post: Avatar von Daniel Daniel
Hello,
i have come across a new Deposit method that I think is absolutely awesome and will tell you about it in detail.

But first, let's talk about the classic methods:
Paysafecard is too much effort for me and limited with 100€ in the store.
Skrill and Neteller I have both canceled, because the fees were too high for me in the long run and the support is not always the best.
Sofort and Giropay I do not like, because then casino transactions on my account are visible and no matter how much money you have, you are for the bank then a Risk customer and maybe you need a financing, whether personal loan or real estate purchase, but it sucks if it fails so what.
The same applies to credit cards, which I have always used with pleasure.
Paypal is ok, but I don't like it either because of your fees.

Now I came across an app called Revolut. It's available in Playstore and Appstore.
With it you can open an account within 10 minutes, which is managed in GB and you get a Visa or MC. Definitely take the Visa, because MC currently makes problems when receiving wins! The card costs 5.99. You can also choose a so-called premium account, but you do not need it. The card is immediately displayed virtually and comes after a few days by mail home.

The Revolut account is prepaid, you can use Gpay, credit card or bank transfer to top up the account. Costs no fees. Transfers to Revolut take one day. Then you can use it for casino deposits. On your bank account is only Revolut, so not visible what you use the money for. If you cash out on the credit card from the casino, it always takes exactly 48 hours, then the money is there. You can either withdraw the winnings at the ATM or transfer them back to yourself. This takes exactly 3 hours from Revolut to my German checking account, so same day.

Especially cool is the following. Revolut allows free foreign currency transfers and crypto trading in the app.

When I discovered Revolut,I deposited €200 and gambled, won €500, cashed out €200 again and bought Ripple with the rest. When the rate went up sold and paid out to me again. From casino wins I always buy Ripple when the course unrer 0.23ist and sell from 0.28. You can also buy Bitcoin or Ethereum but they are too expensive for me. So I could make around 500€ extra on top of my casino winnings. All in the app, not visible to my bank, the taxman, whoever. When I withdraw the money to my checking account, it's just a transfer in my name with a GB IBAN. Just awesome. All bookings in real time, transfers to third parties, many functions and perfect to gamble discreetly in the casino. Of course you can also use the card for shopping or refueling.

The only catch, as a new customer it can once come to a security lock, then you chat with support and after a few hours the matter is settled.
In addition, you should read through the terms and conditions and limits. A 50,000 € win, for example, I would only run in tranches and split on the account. Safe is safe. But for hobby gamblers and possibly crypto traders in the range of a few thousand without any problems to recommend. Above all, you can gamble discreetly, without the house bank sees it and from the wins directly buy a new flat screen at Mediamarktor whatever with the Revolut Visa. The limits of the card you can set yourself and conveniently create unlimited virtual credit cards, if you do not want to disclose the data of the main card. New functions such as Insurance, loans, etc. are added regularly.

I am very satisfied and encourage everyone to check it out especially since deposits and withdrawals are completely free of charge. Since I've had Revolut, I've had about 7,000€ of transactions go through it in 6 weeks and other than the 5.99 cost of the card, I haven't had to pay a cent for anything else. Absolutely great.

This post has been translated automatically

T0uchTheSky
Elite

Ingenious new deposit and withdrawal method:Revolut

15th Sep. 2018, at 01:07 am CEST#2
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That sounds good, don't you have to pay a fee when you Deposit money in a casino? At my Fidor Bank collect 3% gambling fee when I deposit with my MasterCard in a casino, such a cheek is that...

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Anonym

Ingenious new deposit and withdrawal method:Revolut

15th Sep. 2018, at 01:14 am CEST#3
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T0uchTheSky wrote on 09/15/2018 at 01:07: That sounds good, don't you have to pay a fee when you Deposit money in a casino? At my Fidor Bank they collect 3% gambling fee when I deposit to a casino with my MasterCard, such a cheeky thing to do...

No fees for casino deposits and withdrawals. Fidor I have also once had but canceled again. Revolut is really in the direction of the best I have experienced.

This post has been translated automatically

T0uchTheSky
Elite

Ingenious new deposit and withdrawal method:Revolut

15th Sep. 2018, at 01:19 am CEST#4
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Ok, thanks for the info. That's this page or https://www.revolut.com/de/ ? I'll have a look tomorrow ^^

Oh, you have to verify there also by Postident ?

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Anonym

Ingenious new deposit and withdrawal method:Revolut

15th Sep. 2018, at 01:21 am CEST#5
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no, you don't have to do a postident. download the app from play or AppStore, scan your ID. after a few minutes you are verified. everything is done via a smartphone app, you never need the website.

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T0uchTheSky
Elite

Ingenious new deposit and withdrawal method:Revolut

15th Sep. 2018, at 01:24 am CEST#6
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I just wanted to look at more info on the page ^^ Ok, I'll look at the app tomorrow, so I'm out, you see each other and do not gamble away so much

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Anonym

Ingenious new deposit and withdrawal method:Revolut

15th Sep. 2018, at 01:28 am CEST#7
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have fun with it.no for today that's it, 300 fetched with gambling on the cell phone, now is weekend break 2 days timeout in my stammcasinos set.

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Daniel
Elite

Ingenious new deposit and withdrawal method:Revolut

15th Sep. 2018, at 03:07 am CEST#8
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Well, there are also positive aspects of globalization - at least for gamblers. And what German authority can tell a foreign bank to block transactions for online gambling specifically for German customers only? And after all, it's not just this foreign bank, but also banks in other countries. To enforce this effectively, German banks would have to block payments to foreign banks in general. Which is simply not feasible.

The sad part of the story is that it is the gamblers who are at least problem gambling who will go down such paths and are not better protected as a result. Addicted gamblers are usually not generated in Online Casinos, but much earlier in kebab shops, bars or other venues that should actually have nothing to do with gambling. Thanks to the great and far superior "player protection" in Germany, there is always a supply of pathological gamblers.

There simply needs to be good regulation:

1. Slot machines and gambling out of pubs, gas stations, kebab stands, bars, etc.
2. Demand tougher conditions and requirements for the opening of gambling houses from operators. Quicker license revocation for more serious violations.
3. Regulate gaming arcades exactly the same as casinos. No more restrictions such as booking breaks & Co. for private gambling operators.
4. Nationwide or at best Europe-wide blocking system with the option to be blocked for 3, 6, 12, 24 months (also applies to online casinos). Lifetime blocks can also be set up upon presentation of a certificate.
5. Verification before depositing in online casinos.
6. Have an eye on bonus offers. Here must be regulated separately
7. Advertising ban in mass media.

To all state gambling providers: Make an effort and improve your offer or just give up! The beautiful times without Konkurrez are for you now once long past. Bans will only make things worse, and in the worst case (depending on the enforcement power of a ban or "dead regulation"), the money will go where no one really wants it to go: to organized crime.

Giving in can also be relaxing. Just let go, reduce the hypocrisy to 0 and implement a good and really player-oriented regulation. That would be great (after decades)!

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Anonym

Ingenious new deposit and withdrawal method:Revolut

15th Sep. 2018, at 03:22 am CEST#9
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daniel, I can only agree with you. My parents always had a pub and there was also such a Merkur box, that's when I first came into contact with slot machines. There should be no Slot machines in such places. A reasonable regulation is also very important and what I also find important and what is here Austria law, there is no tax on wins by gambling, should also be in Germany or Europe so. The problem, in Berlin and Brussels sit a bunch of lobby controlled incompetent...that will go if only slowly forward.

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Daniel
Elite

Ingenious new deposit and withdrawal method:Revolut

15th Sep. 2018, at 03:29 am CEST#10
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Unbeliver wrote on 15.09.2018 at 03:22: @Daniel, I can only agree with you. My parents always had a pub and there also hung such a Merkur box, that's when I first came into contact with the machine game. There should be no Slot machines in such places. A reasonable regulation is also very important and what I also find important and what is here Austria law, there is no tax on wins by gambling, should also be in Germany or Europe so. The problem, in Berlin and Brussels sit a bunch of lobby controlled incompetent...that will go if only slowly forward.

Gambling winnings are thank God in Germany - and as far as I know in all of Europe - tax free. There is an exception in Germany for Poker as far as taxation is concerned. But the taxation only affects poker players who gamble professionally. Professional gambling is not possible with other games of chance.

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