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What fees are associated with using Revolut for cryptocurrency transactions?

avatarSummerCodaDec 19, 2021 · 3 years ago3 answers

I want to know more about the fees that are associated with using Revolut for cryptocurrency transactions. Can you provide me with detailed information on the fees charged by Revolut for buying, selling, and transferring cryptocurrencies?

What fees are associated with using Revolut for cryptocurrency transactions?

3 answers

  • avatarDec 19, 2021 · 3 years ago
    When it comes to using Revolut for cryptocurrency transactions, there are several fees that you should be aware of. First, Revolut charges a 1.5% fee for buying or selling cryptocurrencies. This fee is applied to the total transaction amount and is included in the exchange rate. Additionally, there may be a spread fee, which is the difference between the buy and sell price of the cryptocurrency. It's important to note that the spread fee can vary depending on market conditions. Lastly, if you transfer cryptocurrencies to an external wallet, Revolut may charge a network fee. This fee is determined by the blockchain network and can vary depending on the cryptocurrency you're transferring. Overall, it's important to consider these fees when using Revolut for cryptocurrency transactions.
  • avatarDec 19, 2021 · 3 years ago
    Revolut charges a 1.5% fee for buying or selling cryptocurrencies. This fee is applied to the total transaction amount and is included in the exchange rate. Additionally, there may be a spread fee, which is the difference between the buy and sell price of the cryptocurrency. The spread fee can vary depending on market conditions. If you transfer cryptocurrencies to an external wallet, Revolut may charge a network fee. The network fee is determined by the blockchain network and can vary depending on the cryptocurrency you're transferring. It's important to keep these fees in mind when using Revolut for cryptocurrency transactions.
  • avatarDec 19, 2021 · 3 years ago
    When it comes to using Revolut for cryptocurrency transactions, there are a few fees to consider. Revolut charges a 1.5% fee for buying or selling cryptocurrencies. This fee is included in the exchange rate and applied to the total transaction amount. Additionally, there may be a spread fee, which is the difference between the buy and sell price of the cryptocurrency. The spread fee can vary depending on market conditions. If you transfer cryptocurrencies to an external wallet, Revolut may charge a network fee. The network fee is determined by the blockchain network and can vary depending on the cryptocurrency you're transferring. It's important to be aware of these fees before making any cryptocurrency transactions on Revolut.