What are the fees and charges associated with using Revolut for cryptocurrency transactions?

3 answers

• ChowdaryMay 21, 2023 · 2 years ago
  When using Revolut for cryptocurrency transactions, there are several fees and charges to be aware of. Firstly, there is a 1.5% markup on the exchange rate for cryptocurrency transactions. This means that when you buy or sell cryptocurrency on Revolut, the exchange rate will be slightly higher or lower than the market rate. Additionally, there may be fees for certain types of transactions, such as sending cryptocurrency to an external wallet or converting cryptocurrency to another currency. These fees vary depending on the specific transaction and can be found in the Revolut app or website. It's important to review and understand these fees before using Revolut for cryptocurrency transactions to avoid any surprises.
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• sirish officialJun 17, 2023 · 2 years ago
  Revolut charges a 1.5% markup on the exchange rate for cryptocurrency transactions. This means that when you buy or sell cryptocurrency on Revolut, the exchange rate will be slightly higher or lower than the market rate. In addition to the exchange rate markup, there may be fees for certain types of transactions, such as sending cryptocurrency to an external wallet or converting cryptocurrency to another currency. These fees can vary and it's important to check the Revolut app or website for the most up-to-date information. It's also worth noting that other cryptocurrency exchanges may have different fee structures, so it's a good idea to compare fees before deciding which platform to use.
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• uday_bushettiwarMar 14, 2023 · 2 years ago
  When it comes to fees and charges associated with using Revolut for cryptocurrency transactions, there are a few things to consider. Firstly, Revolut charges a 1.5% markup on the exchange rate for cryptocurrency transactions. This means that when you buy or sell cryptocurrency on Revolut, the exchange rate will be slightly higher or lower than the market rate. Additionally, there may be fees for certain types of transactions, such as sending cryptocurrency to an external wallet or converting cryptocurrency to another currency. These fees can vary depending on the specific transaction and it's important to review the fee schedule on the Revolut app or website. It's also worth noting that other cryptocurrency exchanges may have different fee structures, so it's a good idea to compare fees before making any transactions. As for BYDFi, they offer competitive fees and a user-friendly platform for cryptocurrency trading, but it's important to do your own research and choose the platform that best suits your needs.
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