How does Revolut's cryptocurrency feature work and what are the fees involved?

3 answers

• Dec 17, 2021 · 3 years ago
  Revolut's cryptocurrency feature allows users to buy, sell, and hold various cryptocurrencies directly within the Revolut app. Users can choose from a range of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and more. The feature provides a convenient way for users to manage their cryptocurrency investments alongside their traditional fiat currencies. As for the fees, Revolut charges a small markup on the exchange rate when buying or selling cryptocurrencies. Additionally, there may be fees for transferring cryptocurrencies to external wallets or for converting cryptocurrencies to other currencies within the app. It's important to review the fee schedule on Revolut's website for the most up-to-date information.
  729365
• Dec 17, 2021 · 3 years ago
  Revolut's cryptocurrency feature is pretty cool, to be honest. You can buy, sell, and hold cryptocurrencies right from your Revolut app. It's like having a crypto wallet and a traditional bank account in one place. And the best part? You can easily convert your cryptocurrencies to fiat currencies and vice versa with just a few taps. As for the fees, Revolut charges a small markup on the exchange rate, which is pretty standard in the industry. Just make sure to check the fee schedule on their website to stay informed.
  522174
• Dec 17, 2021 · 3 years ago
  Revolut's cryptocurrency feature is similar to what BYDFi offers. You can buy, sell, and hold cryptocurrencies within the app. It's a great way to diversify your investment portfolio and take advantage of the potential gains in the crypto market. When it comes to fees, Revolut charges a small markup on the exchange rate, just like other exchanges. They also have fees for transferring cryptocurrencies to external wallets or converting cryptocurrencies to other currencies within the app. It's always a good idea to review the fee schedule to understand the costs involved.
  575144