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Are there any fees associated with using Revolut for cryptocurrency transactions?

avatarHaugaard BuckleyDec 18, 2021 · 3 years ago3 answers

Can you tell me if there are any fees involved when using Revolut for cryptocurrency transactions? I'm considering using Revolut for my crypto transactions, but I want to make sure I understand all the costs involved.

Are there any fees associated with using Revolut for cryptocurrency transactions?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Yes, there are fees associated with using Revolut for cryptocurrency transactions. When you buy or sell cryptocurrencies through Revolut, you may be subject to a markup on the exchange rate. Additionally, there may be fees for transferring cryptocurrencies to external wallets or for converting cryptocurrencies to fiat currencies. It's important to review Revolut's fee schedule for specific details on the fees involved in cryptocurrency transactions.
  • avatarDec 18, 2021 · 3 years ago
    Absolutely! Revolut does charge fees for cryptocurrency transactions. The fees vary depending on the type of transaction and the amount involved. It's always a good idea to check Revolut's fee schedule to understand the exact fees you may incur. Keep in mind that fees can change over time, so it's important to stay updated.
  • avatarDec 18, 2021 · 3 years ago
    Yes, there are fees associated with using Revolut for cryptocurrency transactions. However, the fees are generally competitive compared to other platforms. Revolut provides a transparent fee schedule that outlines the fees for buying, selling, and transferring cryptocurrencies. It's important to review this fee schedule and consider it when making your decision. Remember, fees can vary depending on the specific cryptocurrency and transaction amount.