How does Revolut charge fees for trading cryptocurrencies?
Kay PopeFeb 05, 2024 · 2 years ago3 answers
Can you explain how Revolut charges fees for trading cryptocurrencies? I'm interested in understanding the fee structure and how it compares to other exchanges.
3 answers
- CryserJun 25, 2021 · 4 years agoRevolut charges fees for trading cryptocurrencies based on a percentage of the transaction amount. The fee varies depending on the specific cryptocurrency being traded. It's important to note that Revolut's fee structure may differ from other exchanges, so it's worth comparing fees before making a decision. Additionally, Revolut may also charge fees for certain account activities, such as depositing or withdrawing funds. It's always a good idea to review the fee schedule on Revolut's website for the most up-to-date information.
- Charlie RDec 22, 2023 · 2 years agoWhen it comes to trading cryptocurrencies on Revolut, fees are charged based on a percentage of the transaction value. The fee is automatically deducted from the total amount you're buying or selling. It's worth noting that Revolut's fee structure may change over time, so it's important to stay updated on any fee adjustments. If you're considering trading cryptocurrencies on Revolut, it's a good idea to compare their fees with other exchanges to ensure you're getting the best deal.
- Kishan PadsalaJul 19, 2023 · 2 years agoRevolut charges fees for trading cryptocurrencies to cover the costs associated with facilitating these transactions. The fees are typically a percentage of the transaction amount and may vary depending on the specific cryptocurrency being traded. It's important to note that while Revolut aims to provide competitive fees, there may be other exchanges that offer lower fees for trading cryptocurrencies. It's always a good idea to compare fees across different platforms to find the best option for your trading needs.
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