Are there any additional charges for using Revolut to buy or sell cryptocurrencies?

3 answers

• McCarty SantosSep 22, 2024 · a year ago
  When using Revolut to buy or sell cryptocurrencies, there may be additional charges that you need to consider. These charges can include transaction fees, exchange fees, and spread fees. Transaction fees are charged for each buy or sell transaction you make, and they can vary depending on the type and size of the transaction. Exchange fees are charged when you convert one cryptocurrency to another within the Revolut app. Spread fees are the difference between the buying and selling price of a cryptocurrency, and they can vary depending on market conditions. It's important to carefully review the fee structure of Revolut before using it for cryptocurrency transactions to understand the potential charges involved.
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• Chinonso EkezieNov 22, 2022 · 3 years ago
  Yes, there are additional charges for using Revolut to buy or sell cryptocurrencies. These charges can include transaction fees, exchange fees, and spread fees. Transaction fees are typically a percentage of the transaction amount, while exchange fees are charged when converting one cryptocurrency to another. Spread fees are the difference between the buying and selling price of a cryptocurrency. It's important to note that the specific charges may vary depending on the type and size of the transaction, as well as market conditions. It's recommended to review the fee structure of Revolut and compare it with other cryptocurrency exchanges to ensure you're getting the best deal.
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• Frisk DelacruzApr 05, 2022 · 4 years ago
  As an expert in the cryptocurrency industry, I can confirm that there are additional charges for using Revolut to buy or sell cryptocurrencies. These charges can include transaction fees, exchange fees, and spread fees. Transaction fees are charged for each buy or sell transaction you make, and they can vary depending on the size of the transaction. Exchange fees are charged when you convert one cryptocurrency to another within the Revolut app. Spread fees are the difference between the buying and selling price of a cryptocurrency, and they can vary depending on market conditions. It's important to consider these charges when using Revolut for cryptocurrency transactions and compare them with other exchanges to ensure you're getting the best rates and fees.
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