What are the fees associated with buying and selling cryptocurrencies through Revolut in New Zealand?
Can you provide a detailed explanation of the fees involved in buying and selling cryptocurrencies through Revolut in New Zealand? I would like to know the specific costs associated with these transactions.
1 answers
- Ehtesham AhmadJan 08, 2023 · 3 years agoWhen it comes to buying and selling cryptocurrencies through Revolut in New Zealand, there are a few fees to be aware of. Revolut charges a 1.5% markup on the exchange rate for cryptocurrency transactions. This means that when you buy or sell cryptocurrencies, you will be paying 1.5% more or receiving 1.5% less than the current market rate. Additionally, there may be additional fees for certain types of transactions, such as transferring cryptocurrencies to an external wallet. It's always a good idea to check the latest fee schedule on the Revolut website to get the most up-to-date information. While these fees are relatively small, they can still impact your overall investment returns, so it's important to factor them into your decision-making process.
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