What are the limitations of using the Revolut API for cryptocurrency trading?

3 answers

• Mar 18, 2022 · 3 years ago
  The Revolut API for cryptocurrency trading does have some limitations and drawbacks. One limitation is that it only supports a limited number of cryptocurrencies. Currently, Revolut only supports Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and XRP. If you are looking to trade other cryptocurrencies, you will need to use a different platform. Additionally, the Revolut API may have limitations on the volume of trades you can execute. It's important to check the API documentation for any specific limitations or restrictions. Overall, while the Revolut API offers convenience and accessibility, it may not be suitable for advanced traders or those looking to trade a wide range of cryptocurrencies.
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• Mar 18, 2022 · 3 years ago
  Using the Revolut API for cryptocurrency trading has its limitations. One limitation is that it may not provide the same level of liquidity as dedicated cryptocurrency exchanges. This means that you may experience higher spreads or slippage when executing trades. Additionally, the Revolut API may have limitations on the frequency of trades or the number of API calls you can make. It's important to consider these limitations when using the Revolut API for cryptocurrency trading and to assess whether it meets your specific trading needs.
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• Mar 18, 2022 · 3 years ago
  As an expert in the field, I can say that the Revolut API for cryptocurrency trading has its limitations. While it offers a user-friendly interface and convenience, it may not provide the same level of functionality and features as dedicated cryptocurrency exchanges. For advanced traders or those looking for more advanced trading options, using a dedicated cryptocurrency exchange may be a better choice. However, for beginners or those looking for a simple and easy way to trade cryptocurrencies, the Revolut API can be a good option.
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