How does Revolut calculate the monthly limit for cryptocurrency transactions?
Brijesh VishwakarmaNov 27, 2021 · 3 years ago3 answers
Can you explain how Revolut calculates the monthly limit for cryptocurrency transactions? I'm curious to know the factors they consider and how they determine the maximum amount.
3 answers
- Nov 27, 2021 · 3 years agoRevolut calculates the monthly limit for cryptocurrency transactions based on several factors. These factors include your account type, verification level, and transaction history. They also take into account the current market conditions and the liquidity of the cryptocurrencies you're trading. By considering these factors, Revolut aims to provide a fair and secure trading environment for its users.
- Nov 27, 2021 · 3 years agoWhen it comes to calculating the monthly limit for cryptocurrency transactions on Revolut, they take into account your account type, verification level, and transaction history. Additionally, they consider the volatility and liquidity of the cryptocurrencies you're trading. This helps them determine a maximum limit that balances security and convenience for their users.
- Nov 27, 2021 · 3 years agoRevolut calculates the monthly limit for cryptocurrency transactions by taking into account various factors. These factors include your account type, verification level, and transaction history. They also consider the current market conditions and the liquidity of the cryptocurrencies you're trading. By analyzing these factors, Revolut sets a monthly limit that ensures a smooth and secure trading experience for its users. Please note that this information is based on my understanding and may be subject to change. For the most accurate and up-to-date information, I recommend reaching out to Revolut directly.
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