What are the fees and charges associated with trading on Revolut and Coinbase?

3 answers

• Dec 18, 2021 · 3 years ago
  When it comes to trading on Revolut and Coinbase, there are certain fees and charges that you need to be aware of. Let's start with Revolut. Revolut charges a 1.5% fee for each cryptocurrency transaction. Additionally, there might be some hidden fees associated with currency conversion, depending on the type of transaction. On the other hand, Coinbase has a different fee structure. Coinbase charges a variable fee based on the total transaction amount. For transactions below $10, the fee is $0.99, and for transactions between $10 and $25, the fee is $1.49. For transactions above $25, the fee is 1.49% of the transaction amount. It's important to note that these fees may vary depending on your location and the type of transaction you are making. Make sure to check the official websites of Revolut and Coinbase for the most up-to-date fee information.
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• Dec 18, 2021 · 3 years ago
  Trading on Revolut and Coinbase comes with its fair share of fees and charges. Let's dive into the specifics. Revolut charges a 1.5% fee for each cryptocurrency transaction, which is quite competitive compared to other platforms. However, keep in mind that there might be additional fees for currency conversion, especially if you are trading in a different currency. As for Coinbase, the fee structure is slightly different. They charge a variable fee based on the total transaction amount. For smaller transactions, the fee is a flat rate of $0.99, while for larger transactions, the fee is a percentage of the transaction amount. It's important to consider these fees when planning your trades to ensure you are making informed decisions.
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• Dec 18, 2021 · 3 years ago
  When it comes to trading fees on Revolut and Coinbase, it's important to understand the different fee structures. Revolut charges a 1.5% fee for each cryptocurrency transaction, which is relatively low compared to other platforms. However, keep in mind that there might be additional fees for currency conversion, especially if you are trading in a different currency. On the other hand, Coinbase has a more complex fee structure. For transactions below $10, the fee is $0.99, which is quite reasonable. However, for larger transactions, the fee is a percentage of the transaction amount, which can add up. It's important to consider these fees when choosing between Revolut and Coinbase, as they can significantly impact your overall trading costs.
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