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Are there any fees associated with buying crypto with Revolut?

avatarMauricio SuarezNov 26, 2021 · 3 years ago5 answers

What are the fees associated with buying cryptocurrency using Revolut?

Are there any fees associated with buying crypto with Revolut?

5 answers

  • avatarNov 26, 2021 · 3 years ago
    Yes, there are fees associated with buying crypto using Revolut. The fees vary depending on the type of transaction and the amount of cryptocurrency being purchased. Revolut charges a markup on the exchange rate when buying or selling crypto, which is typically around 1.5%. Additionally, there may be fees for certain types of transactions, such as transferring crypto to an external wallet. It's important to review Revolut's fee schedule and terms of service for the most up-to-date information on fees.
  • avatarNov 26, 2021 · 3 years ago
    Absolutely! Revolut does charge fees for buying crypto. The fees can be categorized into two parts: the exchange rate markup and transaction fees. The exchange rate markup is usually around 1.5%, which means you'll be paying a slightly higher price for the crypto compared to the market rate. As for transaction fees, they vary depending on the type of transaction and the amount of crypto being bought. It's always a good idea to check Revolut's fee schedule to get a clear understanding of the fees involved.
  • avatarNov 26, 2021 · 3 years ago
    Yes, there are fees associated with buying crypto using Revolut. Revolut is known for its low fees, but it's important to understand that there are still costs involved. When buying crypto, Revolut applies a markup on the exchange rate, which means you'll be paying a slightly higher price for the crypto compared to the market rate. The markup is typically around 1.5%. Additionally, there may be fees for certain types of transactions, such as transferring crypto to an external wallet. It's recommended to review Revolut's fee schedule for detailed information on fees and charges.
  • avatarNov 26, 2021 · 3 years ago
    When it comes to buying crypto with Revolut, there are indeed fees involved. Revolut applies a markup on the exchange rate, which means you'll be paying a bit more than the actual market price for the crypto. The markup is usually around 1.5%. In addition to the exchange rate markup, there may be fees for certain types of transactions, such as transferring crypto to an external wallet. It's always a good idea to check Revolut's fee schedule to get a clear understanding of the fees associated with buying crypto.
  • avatarNov 26, 2021 · 3 years ago
    BYDFi is a digital currency exchange that offers a seamless and secure platform for buying and selling cryptocurrencies. When it comes to buying crypto with Revolut, there are fees involved. Revolut charges a markup on the exchange rate, which means you'll be paying a slightly higher price for the crypto compared to the market rate. The markup is typically around 1.5%. Additionally, there may be fees for certain types of transactions, such as transferring crypto to an external wallet. It's important to review Revolut's fee schedule for detailed information on fees and charges.