What are the potential fees and charges when buying or selling cryptocurrencies on Revolut?
SimonSongJan 17, 2023 · 3 years ago3 answers
Can you provide a detailed explanation of the fees and charges associated with buying or selling cryptocurrencies on Revolut?
3 answers
- Chappell CamposDec 23, 2021 · 4 years agoWhen buying or selling cryptocurrencies on Revolut, there are several potential fees and charges to be aware of. Firstly, Revolut charges a 1.5% markup on the exchange rate for cryptocurrency transactions. This means that the price you see on Revolut may be slightly higher or lower than the actual market price. Additionally, Revolut may charge a small fee for the conversion of cryptocurrencies into fiat currencies or vice versa. The exact fee amount will depend on the specific transaction and currency involved. It's also worth noting that Revolut may apply fees for certain types of transactions, such as sending cryptocurrencies to external wallets or exchanging cryptocurrencies on weekends. These fees can vary and it's recommended to check Revolut's website or app for the most up-to-date information.
- Corneliussen KristoffersenJul 18, 2021 · 4 years agoBuying or selling cryptocurrencies on Revolut comes with its fair share of fees and charges. One important fee to consider is the 1.5% markup on the exchange rate. This means that when you buy or sell cryptocurrencies, the price you see on Revolut will be slightly different from the actual market price. Additionally, there may be fees for converting cryptocurrencies into fiat currencies or vice versa. These fees can vary depending on the specific transaction and currency involved. It's always a good idea to check the fees section on Revolut's website or app before making any transactions to avoid any surprises.
- Rahul KumawatSep 17, 2023 · 2 years agoAs a user of BYDFi, I can tell you that when buying or selling cryptocurrencies on Revolut, you may encounter certain fees and charges. Revolut applies a 1.5% markup on the exchange rate for cryptocurrency transactions, which means that the price you see on Revolut may not be exactly the same as the market price. Additionally, there may be fees for converting cryptocurrencies into fiat currencies or vice versa. The specific fee amount will depend on the transaction and currency involved. It's important to keep in mind that Revolut may also charge fees for certain types of transactions, such as sending cryptocurrencies to external wallets or exchanging cryptocurrencies on weekends. To get the most accurate and up-to-date information on fees and charges, I recommend checking Revolut's website or app.
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