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Another revolut scam exposed: what you need to know

Another Revolut Scam Exposed | Users Fume Over Fees

By

Emilia Gomez

May 2, 2025, 12:14 AM

Updated

May 2, 2025, 06:57 AM

Quick read

Warning graphic showing a phone with a scam alert and a lock symbol, symbolizing financial security risks with Revolut.
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A growing coalition of users is pushing back against Revolut's high fees and account issues, stirring intense criticism across forums. Recent comments highlight frustrations, with some claiming significant losses due to these challenges.

User Outcry on Fees

Comments are getting heated online. One user exclaimed about losing $1,200 in sales due to platform fees and issues sending funds. They stated, "Till the company burns. But other than crypto and stocks no issues. But still, f*** Revolut!" This reflects a broader sentiment shared by many.

The Slippage Dilemma

Another user noted that all exchanges have different pricing models, warning of slippage during selling, saying, "Just wait until you’re trying to sell on them and you encounter slippage." This adds to concerns surrounding Revolut's transparency in trading practices and spreads.

Ongoing Complaints

Users continue to report locked accounts, as highlighted in previous discussions. Comments like "randomly lock your account" emphasize serious worries about account management. Many users are now seeking alternative platforms for smoother operations.

Key Insights

  • πŸ”₯ Some users have abandoned the app after major losses.

  • πŸ’” Frustrations over account access and trading fees escalate.

  • πŸ’‘ Alternatives like Exodus are gaining traction among disillusioned users.

The contrasting opinions among users reflect a critical view of Revolut's current service adequacy in the evolving crypto market. As Revolut faces thickening backlash, will it reform its operations to retain users?