I am facing some difficultιes to deposit from Revolut to Kraken. I am still not sure if this transaction is allowed by Revolut. They are blocking it claiming there is a technical problem.
Do you know if I can deposit from Revolut to kraken?
Turns out you are not the only person facing the problem. For some reason Transactions between Revolut and Kraken are blocked according to the information from
Kraken support pageBelow is a list of banks that are against deposits to or withdrawals from Kraken and other cryptocurrency exchanges. If you want to deposit or withdraw fiat currencies on Kraken, you'll need to use a bank that's not on this list.
Cloud banks:
Fire (Ireland)
Revolut (UK)
Traditional banks:
Rietumu Banka (Latvia)
National blacklists:
Qatar Bank Authority has blacklisted cryptocurrency exchanges
This list is just a tiny sample. The challenge is that most banks look at transfers on a client-by-client basis, rather than an out-right ban, so be sure to maintain a good relationship with your branch. We can provide a letter if your bank requests one.