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Are there any fees or limitations when using Revolut for cryptocurrency transactions outside of my home country?

avatarJanice WisesDec 26, 2021 · 3 years ago3 answers

What are the fees and limitations associated with using Revolut for cryptocurrency transactions outside of my home country?

Are there any fees or limitations when using Revolut for cryptocurrency transactions outside of my home country?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    When using Revolut for cryptocurrency transactions outside of your home country, there may be certain fees and limitations to consider. Firstly, Revolut charges a small fee for exchanging currencies, including cryptocurrencies. The fee varies depending on the type of transaction and the currency involved. Additionally, there may be limitations on the amount of cryptocurrency you can transact in a given period. These limitations are usually in place to comply with regulatory requirements and prevent money laundering. It's important to check the specific fees and limitations applicable to your account before making any transactions to avoid any surprises.
  • avatarDec 26, 2021 · 3 years ago
    Yes, there are fees and limitations when using Revolut for cryptocurrency transactions outside of your home country. The fees can vary depending on the type of transaction and the currency involved. It's important to note that Revolut may also charge a markup on the exchange rate for cryptocurrency transactions. As for limitations, there may be restrictions on the amount of cryptocurrency you can buy or sell in a single transaction or within a certain time period. These limitations are in place to ensure compliance with regulatory requirements and prevent fraudulent activities. It's recommended to review the terms and conditions of your Revolut account or contact their customer support for specific details on fees and limitations for cryptocurrency transactions.
  • avatarDec 26, 2021 · 3 years ago
    When using Revolut for cryptocurrency transactions outside of your home country, there may be fees and limitations to be aware of. Revolut charges a small fee for exchanging cryptocurrencies, which can vary depending on the type of transaction and the currency involved. Additionally, there may be limitations on the amount of cryptocurrency you can transact in a given period. These limitations are in place to comply with regulatory requirements and ensure the security of transactions. It's important to review the fees and limitations applicable to your Revolut account before conducting any cryptocurrency transactions to avoid any unexpected charges or restrictions.