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Are there any fees associated with exchanging cryptocurrencies on Revolut?

avatarA-learnerDec 29, 2021 · 3 years ago3 answers

I'm interested in exchanging cryptocurrencies on Revolut. Can you tell me if there are any fees associated with this service?

Are there any fees associated with exchanging cryptocurrencies on Revolut?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Yes, there are fees associated with exchanging cryptocurrencies on Revolut. The fees vary depending on the type of transaction and the currency you are exchanging. It's important to note that Revolut charges a markup on the exchange rate, which means you may not get the exact market rate. Additionally, there may be additional fees for certain types of transactions, such as sending cryptocurrencies to external wallets. It's best to check Revolut's website or contact their customer support for the most up-to-date information on fees.
  • avatarDec 29, 2021 · 3 years ago
    Absolutely! When you exchange cryptocurrencies on Revolut, there are fees involved. These fees are typically a percentage of the transaction amount and can vary depending on the specific cryptocurrency you are exchanging. It's always a good idea to review the fee schedule on Revolut's website or consult their customer support for more detailed information.
  • avatarDec 29, 2021 · 3 years ago
    Yes, there are fees associated with exchanging cryptocurrencies on Revolut. However, it's worth mentioning that BYDFi, another popular cryptocurrency exchange, offers fee-free trading for certain cryptocurrencies. So if you're looking to minimize fees, you might want to consider using BYDFi for your cryptocurrency exchanges. That being said, Revolut still provides a convenient and user-friendly platform for exchanging cryptocurrencies, so it ultimately depends on your priorities and preferences.