Last Updated: 25 February 2024
If you want to trade with Bitcoin, you first have to make money available on a platform. This is very easy with most providers, as it is with Bitcoin Revolution. However, as a new user you have to consider a few things which we explain here.
How does the deposit process work and what do you need to consider beforehand?
Before you can make a deposit, you have to register with Bitcoin Revolution. If you want to have everything done, you can also verify yourself directly. However, this does not have to be done. However, the provider will ask you to do this at the latest when you receive your first payout.
If you also verify yourself directly when you register, you can save time at the end of the payout and get your winnings paid out more quickly to your account. Once you have done this, you have a few options when making a deposit.
The first thing to be aware of is that different deposit methods have different processing times. If you pay by credit card, the money arrives directly at the provider and you can also use it directly, because the money is released directly at Bitcoin Revolution.
Similarly, if you make a deposit via Paypal, you can see and use the money directly in your account without waiting. If you don’t have these options, you can also get a Paysafecard in the local shop and deposit with it.
Here, the money is also credited directly so that you can start trading immediately. However, you have to sacrifice a little time because you have to buy the Paysafecard first.
What other deposit methods are there?
The methods listed above are not the only ones, of course, as you can also use a few others. When talking about a bank transfer, for example, there are 2 variants that are offered.
The faster and much simpler one is the Instant bank transfer, where you register with the bank and confirm the transfer with a click and a tan number. Here, as with the variants above, the money is also credited directly to the account and you can also start trading Bitcoin immediately.
It is different with the second transfer method. This is the classic bank transfer, where you make a normal transfer. This is processed manually and can take a few days.
In this case, the user must be patient until the transfer has arrived at Bitcoin Revolution. Only then will the money for trading be credited to your account. So if you want to start immediately, this is probably the wrong option.