Deposit from Revolut to Peanut

Convert USD to USDC for free on Revolut, then withdraw to Peanut via Polygon for under $0.10. Available in the UK and EEA.

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How to Deposit from Revolut to Peanut

Revolut offers a unique path to Peanut: convert your dollars to USDC at a 1:1 rate for free, then withdraw via Polygon for under $0.10. This makes Revolut one of the cheapest on-ramps for users in the UK and Europe.

Once your deposit arrives, your money is held in digital dollars. From there you can pay at over a million merchants in Argentina, send Pix in Brazil, send money to anyone, or withdraw to a bank account in 40+ countries.

Before You Start

Info

Revolut's external stablecoin withdrawal features may be limited by region and plan tier. Crypto withdrawals are most broadly available in the UK and EEA. US crypto trading has been suspended since 2023. Check the Revolut app for your specific availability.

Make sure you have:

  • A Revolut account with a Plus, Premium, Metal, or Ultra plan. Free-tier users may have limited or no external crypto withdrawal capabilities.

  • USDC or USDT in your Revolut account. You can convert USD to USDC at a 1:1 rate with no fees — up to $578,000 per 30-day period.

  • A verified Peanut account. Verification takes under 2 minutes.

How to Deposit from Revolut

  1. 1

    Convert to USDC in Revolut (free)

    In the Revolut app, convert your USD balance to USDC. This is free — no spread, no conversion fee, 1:1 rate.

  2. 2

    Open Peanut and copy your deposit address

    Tap "Deposit" in the Peanut app, select Polygon (recommended for lowest fees), and copy the deposit address.

  3. 3

    Open Revolut and navigate to USDC

    Go to Crypto, then select USDC.

  4. 4

    Tap Send and choose To external wallet

    Select the option to send to an external wallet address.

  5. 5

    Paste the Peanut deposit address and select the network

    Paste the address from Peanut and select Polygon (or Ethereum). The network must match exactly.

  6. 6

    Enter the amount and confirm

    Enter the withdrawal amount, review the network fee, and confirm.

Your Peanut balance updates automatically once the transaction confirms. Polygon deposits typically arrive in about 5 minutes.

Supported Networks

Revolut currently supports two networks for external stablecoin withdrawals that overlap with Peanut:

NetworkUSDCUSDT
Ethereum (ERC-20)YesYes
Polygon (PoS)YesYes

Support for Solana, Arbitrum, Base, and other networks has not been confirmed for external withdrawals — check the Revolut app for the latest options.

Fees

  • USD-to-USDC conversion: free. 1:1 rate, no spread, no fees.

  • Polygon withdrawal: under $0.10.

  • Ethereum withdrawal: $0.50–$5.00+ depending on congestion.

  • Peanut deposit fee: free.

For a full overview, visit the pricing page.

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FAQ

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Free USDC conversion on Revolut, then deposit to Peanut for under $0.10.