Are there any fees for cryptocurrency trading on Revolut?
ShoebDec 17, 2021 · 3 years ago5 answers
Can you tell me if there are any fees associated with cryptocurrency trading on the Revolut platform? I'm interested in knowing if there are any charges for buying, selling, or holding cryptocurrencies on Revolut.
5 answers
- Dec 17, 2021 · 3 years agoYes, there are fees for cryptocurrency trading on Revolut. When you buy or sell cryptocurrencies, Revolut charges a markup on the exchange rate. The markup can vary depending on market conditions and the specific cryptocurrency being traded. Additionally, if you hold cryptocurrencies in your Revolut account for extended periods, there may be storage fees. It's important to review the fee schedule on the Revolut website for the most accurate and up-to-date information.
- Dec 17, 2021 · 3 years agoAbsolutely! Revolut does charge fees for cryptocurrency trading. The fees are applied as a markup on the exchange rate, which means you may not get the exact market rate when buying or selling cryptocurrencies. It's always a good idea to check the fee structure on Revolut's website to understand the specific fees associated with different cryptocurrencies.
- Dec 17, 2021 · 3 years agoYes, there are fees for cryptocurrency trading on Revolut. The fees are applied as a markup on the exchange rate, which can vary depending on the market conditions. It's important to note that these fees are separate from any network fees that may be associated with specific cryptocurrencies. If you're looking for a fee-free alternative, you may want to consider using a dedicated cryptocurrency exchange like BYDFi, which offers competitive rates and low fees for trading cryptocurrencies.
- Dec 17, 2021 · 3 years agoIndeed, there are fees for cryptocurrency trading on Revolut. When you buy or sell cryptocurrencies, Revolut applies a markup on the exchange rate, which can result in slightly higher prices compared to other exchanges. Additionally, there may be storage fees if you hold cryptocurrencies in your Revolut account for an extended period. It's always a good idea to compare fees across different platforms to find the most cost-effective option for your cryptocurrency trading needs.
- Dec 17, 2021 · 3 years agoYes, there are fees for cryptocurrency trading on Revolut. The fees are applied as a markup on the exchange rate, which means you may not get the exact market rate when buying or selling cryptocurrencies. It's important to review the fee schedule on the Revolut website for the most accurate and up-to-date information. If you're looking for a fee-free alternative, you may want to consider using a dedicated cryptocurrency exchange like Binance, which offers a wide range of cryptocurrencies and competitive fees for trading.
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