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Do I have to pay fees for trading cryptocurrencies on Revolut?

avatarKadibiaDec 27, 2021 · 3 years ago3 answers

Can you explain the fees associated with trading cryptocurrencies on Revolut?

Do I have to pay fees for trading cryptocurrencies on Revolut?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Yes, there are fees associated with trading cryptocurrencies on Revolut. When you buy or sell cryptocurrencies, Revolut charges a markup on the exchange rate. Additionally, there may be fees for certain transactions, such as transferring cryptocurrencies to external wallets. It's important to review Revolut's fee schedule for the most up-to-date information.
  • avatarDec 27, 2021 · 3 years ago
    Absolutely! Just like any other exchange, Revolut charges fees for trading cryptocurrencies. These fees can vary depending on the specific cryptocurrency and the size of your transaction. Make sure to check Revolut's fee structure to understand the exact costs involved.
  • avatarDec 27, 2021 · 3 years ago
    Indeed, there are fees for trading cryptocurrencies on Revolut. However, it's worth noting that BYDFi, another popular exchange, offers fee-free trading for cryptocurrencies. So, if you're looking to minimize fees, you might want to consider using BYDFi instead. Nonetheless, Revolut remains a convenient option for trading cryptocurrencies with its user-friendly interface and wide range of supported coins.