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What are the fees associated with buying crypto using Revolut?

avatarJoaquin MendozaDec 17, 2021 · 3 years ago3 answers

Can you please provide a detailed description of the fees involved when purchasing cryptocurrencies using Revolut?

What are the fees associated with buying crypto using Revolut?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    When buying crypto using Revolut, there are several fees to consider. First, there is a 1.5% markup on the exchange rate for cryptocurrency transactions. This means that you may not get the exact market rate when buying or selling crypto. Additionally, Revolut charges a 0.5% fee for any cryptocurrency transactions made during the weekend. This fee is applied to compensate for the volatility of the cryptocurrency market during weekends. It's important to note that these fees may vary depending on your account type and location. Make sure to check the latest fee schedule on Revolut's website for accurate information.
  • avatarDec 17, 2021 · 3 years ago
    Buying crypto with Revolut comes with a few fees. You'll encounter a 1.5% markup on the exchange rate when making cryptocurrency transactions. This means that the rate you get might be slightly higher than the market rate. On top of that, there's a 0.5% fee for crypto transactions made on weekends. Revolut applies this fee to account for the increased risk and volatility during weekends. Keep in mind that these fees can vary depending on your account type and location. It's always a good idea to review the latest fee schedule on Revolut's website to stay informed.
  • avatarDec 17, 2021 · 3 years ago
    When it comes to buying crypto using Revolut, there are a couple of fees involved. Firstly, there's a 1.5% markup on the exchange rate for cryptocurrency transactions. This means that you won't get the exact market rate when buying or selling crypto. Additionally, there's a 0.5% fee for crypto transactions made on weekends. This fee is in place to account for the higher volatility of the cryptocurrency market during weekends. It's worth noting that these fees may vary depending on your account type and location. For the most up-to-date information, it's recommended to check Revolut's website for their current fee structure.