How does Revolut card handle cryptocurrency transaction fees?

3 answers

• Dec 17, 2021 · 3 years ago
  Revolut card handles cryptocurrency transaction fees by charging a small percentage fee on each transaction. This fee is applied to both buying and selling cryptocurrencies. The exact fee percentage may vary depending on the type of cryptocurrency and the market conditions. It's important to note that Revolut may also charge additional fees for certain types of transactions, such as transferring cryptocurrencies to external wallets or converting cryptocurrencies to fiat currencies. Overall, Revolut aims to provide a convenient and user-friendly way to manage cryptocurrencies, but users should be aware of the potential fees involved.
  640320
• Dec 17, 2021 · 3 years ago
  When using the Revolut card for cryptocurrency transactions, there are transaction fees that apply. These fees are typically a small percentage of the transaction amount and may vary depending on the specific cryptocurrency being traded. It's important to review the fee schedule provided by Revolut to understand the exact fees that will be charged. Additionally, it's worth noting that other factors, such as market volatility and network congestion, may also impact the overall cost of cryptocurrency transactions. Therefore, it's always a good idea to stay informed and consider these fees when using the Revolut card for cryptocurrency transactions.
  654218
• Dec 17, 2021 · 3 years ago
  As a representative of BYDFi, I can confirm that Revolut card handles cryptocurrency transaction fees by charging a small percentage fee on each transaction. This fee is designed to cover the costs associated with processing and securing cryptocurrency transactions. It's important to note that these fees are subject to change and may vary depending on the specific cryptocurrency being traded. Additionally, Revolut may also charge additional fees for certain types of transactions, such as transferring cryptocurrencies to external wallets or converting cryptocurrencies to fiat currencies. Overall, Revolut aims to provide a seamless and cost-effective way to manage cryptocurrencies, but users should be aware of the potential fees involved and review the fee schedule provided by Revolut.
  794199