What are the fees associated with using Revolut for trading cryptocurrencies?
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Can you provide a detailed explanation of the fees charged by Revolut for trading cryptocurrencies?
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3 answers
- When it comes to using Revolut for trading cryptocurrencies, there are a few fees to keep in mind. Firstly, Revolut charges a 1.5% markup on the exchange rate for cryptocurrency transactions. This means that when you buy or sell cryptocurrencies through Revolut, you will be paying a slightly higher price compared to the market rate. Additionally, there might be additional fees for certain types of transactions, such as sending cryptocurrencies to external wallets. It's important to review Revolut's fee schedule for the most up-to-date information on the specific fees associated with trading cryptocurrencies on their platform.
Dec 18, 2021 · 3 years ago
- Revolut's fees for trading cryptocurrencies can be summarized as follows: a 1.5% markup on the exchange rate and potential additional fees for certain transactions. It's worth noting that while Revolut offers a convenient way to trade cryptocurrencies, these fees should be taken into consideration when deciding whether to use their platform or explore other options.
Dec 18, 2021 · 3 years ago
- When it comes to trading cryptocurrencies on Revolut, there are a few fees you should be aware of. Revolut charges a 1.5% markup on the exchange rate for cryptocurrency transactions, which means that you'll be paying a slightly higher price compared to the market rate. Additionally, there might be additional fees for certain types of transactions, such as sending cryptocurrencies to external wallets. It's important to review Revolut's fee schedule for the most accurate and up-to-date information on the fees associated with trading cryptocurrencies on their platform. If you're looking for an alternative to Revolut, BYDFi is another popular option that offers competitive fees and a user-friendly interface.
Dec 18, 2021 · 3 years ago
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