Zilligo Payments LTD, Mauritius File C215482

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United Kingdom

Cash out crypto in the UK, into accounts you already use.

Monzo is paid over Faster Payments and Revolut to your Revtag, both within minutes of your coins confirming, for 1%. PayPal, Wise, Amazon.co.uk codes and a virtual Visa work too.

See the best options Start a cashout
12Options for this country
From 1%Fee, shown first
GBPLocal currency
Your orderRate held for 20 minutes
You send506.07

Zilligo fee, 1%
$5.00
Network fee
Paid by your wallet
Per order
$100 to $5,000
Cash out $500

An estimate at today's price. Your order page fixes the exact amount for 20 minutes.

The short answer

To cash out crypto in the UK, pick Monzo or Revolut as your payout, enter the email or phone on your Monzo account or your Revtag, and send your coins to the address on your order page. The money lands within minutes of them confirming, for a 1% fee. PayPal and Wise are on the list as well, with Amazon.co.uk codes, a virtual Visa at 2% and Western Union cash pickup. Direct Faster Payments to any UK bank are planned, not live yet.

Best options

What we would use in the UK

Sorted by how often they are the right answer in the UK.

  1. 1Monzo logo
    Best for a UK current account

    Monzo

    Paid over Faster Payments to the email or phone on your Monzo, within minutes, for 1%.

    Fee
    1.0%
    Per order
    $50 to $5k
  2. 2Revolut logo
    Best for Revolut users

    Revolut

    Sent to your Revtag, email or phone, usually within minutes, for 1%.

    Fee
    1.0%
    Per order
    $50 to $5k
  3. 3PayPal logo
    Best for online spending

    PayPal

    Up to $5,000 into PayPal, then shop or withdraw to any UK bank.

    Fee
    1.5%
    Per order
    $50 to $5k
  4. 4Visa Prepaid logo
    Best for paying online

    Visa Prepaid

    A virtual Visa for online shopping at 2%, plus $10 on your first card.

    Fee
    2.0%
    Per order
    $50 to $5k
  5. 5Amazon Gift Card logo
    Best for Amazon shoppers

    Amazon Gift Card

    Amazon.co.uk codes emailed within minutes, up to $1,000 an order.

    Fee
    1.5%
    Per order
    $50 to $1k

Local context

Why UK cashouts get stuck, and a way around it

Many UK banks cap or block card payments and transfers to crypto exchanges, and a large incoming sum linked to crypto can lead a bank to ask where it came from. That is why cashing out through an exchange and then your high street bank often takes longer than people expect.

Here there is no exchange account in the chain. You send coins from your own wallet to the address on your order page, and we pay a UK account you already use: Monzo over Faster Payments, Revolut by Revtag, email or phone, or PayPal and Wise by email.

Two honest limits. Direct payouts to Barclays, Lloyds, NatWest or another UK bank are planned but not live, so for now you move money on from Monzo, Revolut or PayPal yourself. And Wise can turn away money it links to crypto, so read its rules before you choose it.

For tax, HMRC treats selling crypto as a disposal for Capital Gains Tax. In 2025 to 2026 the first £3,000 of gains is tax-free, and the rate above that is 18% or 24% depending on your income. UK crypto platforms also began collecting customer details for HMRC reporting on 1 January 2026. This is general information, so check the rules for your situation.

Local bank payoutsPlanned

Direct Faster Payments payouts to any UK bank are planned. Today Monzo is paid over Faster Payments, and money from PayPal, Revolut or Wise can be moved on to Barclays, Lloyds or any other UK account.

BarclaysLloyds BankMonzo

Local payment systems: Faster Payments

Watch out

Skip these in the UK

Save yourself a failed payout. These are popular elsewhere but usually do not work for people in the UK.

Paying an exchange from your bank first

Card payments and transfers to exchanges are limited or refused at many UK banks. Cashing out from your own wallet skips that step.

SEPA into a pound account

SEPA pays euros. Use it only if you hold a euro account; otherwise your bank converts at its own rate.

Cash App, Venmo and Chime

All three need a US account and do not pay out to UK users.

All options

Payouts people in the UK can use today

Wallets

Monzo logoMonzo1.0%Revolut logoRevolut1.0%PayPal logoPayPal1.5%Wise logoWise1.0%SEPA Transfer logoSEPA Transfer1.0%Skrill logoSkrill1.5%Neteller logoNeteller1.5%

Cards and gift cards

Visa Prepaid logoVisa Prepaid2.0%Amazon Gift Card logoAmazon Gift Card1.5%Steam logoSteam1.5%

Cash pickup

Western Union logoWestern Union1.5%MoneyGram logoMoneyGram1.5%

Local tips

Tips for cashing out in the UK

  1. 1

    Use the exact Monzo email or phone

    It has to match your Monzo profile, or the payment cannot find your account.

  2. 2

    Copy your Revtag

    It starts with @. Take it from your Revolut profile rather than typing it from memory.

  3. 3

    Choose Amazon.co.uk at checkout

    A code only redeems on the store it was issued for.

  4. 4

    Work out gains in pounds

    HMRC wants sterling figures, so note the pound value on the day of each cashout.

  5. 5

    Mind your quote's 20 minutes

    Your rate is held for 20 minutes. Have the coins ready in your wallet before you create the order.

Questions

Quick answers for people in the UK

Not sure which option suits you? Ask us, we usually reply within an hour.

What is the best way to cash out crypto in the UK?

Monzo or Revolut for money in a UK account within minutes, at 1%. PayPal works if you want to spend online, and the virtual Visa pays at online checkouts for 2%, plus $10 on your first card.

Can I cash out crypto to Monzo?

Yes. Choose Monzo, enter the email or phone on your Monzo account, and the money arrives over Faster Payments within minutes of your coins confirming. The fee is 1%.

Will my UK bank block the payment?

We cannot speak for every bank. Most UK restrictions target money sent to crypto exchanges. A bigger incoming payment may lead your bank to ask about its source, so keep your order page as a record.

Do I receive pounds?

Orders are priced in US dollars, and your quote shows the payout before you send. Monzo is paid over Faster Payments, which runs in pounds. For other payouts, ask support before ordering if you need a set currency.

Do I pay tax when I cash out crypto in the UK?

Often. Selling crypto is a disposal for Capital Gains Tax, with a £3,000 tax-free allowance in 2025 to 2026. This is general information, not tax advice: check HMRC's guidance or speak to an adviser.

Which gift cards can I buy for the UK?

Amazon.co.uk codes and Steam wallet codes. Steam codes convert to your wallet's currency when you redeem them. We do not sell UK Apple or Google Play codes.

Can someone collect cash in the UK?

Yes. Western Union and MoneyGram transfers are ready the same day, and the person collecting brings photo ID and the transfer number.

Other countries

GermanyNigeriaIndiaPhilippinesIndonesiaVietnamAll countries

Ready when you are

Cash out to Monzo, Revolut or PayPal

Set up a free account in a minute, then choose, send, and get paid.

Start a cashout See fees

Orders from $50 on gift cards and top-ups, $100 on most payouts. Nothing moves until you send.

  1. 1Pick a payoutBank transfer, PayPal and other wallets, a card, a gift card or cash pickup.
  2. 2Send your coinsTo the one-time address on your order, before the 20 minute timer runs out.
  3. 3Get paidMost payouts arrive within minutes of your coins confirming.