Do I have to pay fees for trading cryptocurrencies on Revolut?
KadibiaDec 27, 2021 · 3 years ago3 answers
Can you explain the fees associated with trading cryptocurrencies on Revolut?
3 answers
- Dec 27, 2021 · 3 years agoYes, 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.
- Dec 27, 2021 · 3 years agoAbsolutely! 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.
- Dec 27, 2021 · 3 years agoIndeed, 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.
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