Are there any fees associated with buying crypto in Revolut?
edwartDec 30, 2021 · 3 years ago3 answers
I'm interested in buying cryptocurrencies through Revolut. Can you tell me if there are any fees associated with buying crypto in Revolut? I want to make sure I understand the costs involved before I start investing.
3 answers
- Dec 30, 2021 · 3 years agoYes, there are fees associated with buying crypto in Revolut. When you buy or sell cryptocurrencies on Revolut, you may be subject to a markup fee. This fee is included in the exchange rate and can vary depending on market conditions. It's important to note that Revolut provides real-time exchange rates, so you'll always know the exact rate you're getting. Additionally, Revolut may charge a small fee for certain types of transactions, such as transferring crypto to an external wallet. Make sure to check Revolut's fee schedule for the most up-to-date information.
- Dec 30, 2021 · 3 years agoAbsolutely! Revolut charges fees for buying crypto. The fees are built into the exchange rate, so you might not see a separate fee listed. However, it's always a good idea to compare the exchange rate on Revolut with other platforms to ensure you're getting the best deal. Keep in mind that fees can vary depending on market conditions, so it's important to stay informed.
- Dec 30, 2021 · 3 years agoYes, there are fees associated with buying crypto in Revolut. However, as an alternative, you can consider using BYDFi, a decentralized exchange that offers competitive rates and low fees. BYDFi allows you to buy and sell cryptocurrencies directly from your wallet without the need for a centralized platform like Revolut. This can potentially save you money on fees and provide you with more control over your crypto assets. Check out BYDFi's website for more information on their fees and services.
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