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What are the fees and charges associated with Revolut's cryptocurrency trading services?

avatarnanyamaxDec 27, 2021 · 3 years ago3 answers

Can you provide a detailed explanation of the fees and charges that Revolut applies to its cryptocurrency trading services?

What are the fees and charges associated with Revolut's cryptocurrency trading services?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    When it comes to Revolut's cryptocurrency trading services, there are a few fees and charges to be aware of. Firstly, Revolut charges a 1.5% markup on the exchange rate for cryptocurrency transactions. This means that when you buy or sell cryptocurrencies through Revolut, you will be paying a slightly higher price compared to the market rate. Additionally, there might be fees associated with certain transactions, such as transferring cryptocurrencies to external wallets or converting cryptocurrencies into fiat currencies. It's important to check the Revolut app or website for the most up-to-date information on these fees and charges.
  • avatarDec 27, 2021 · 3 years ago
    Revolut's cryptocurrency trading services come with some fees and charges that you should know about. One of the main fees is the 1.5% markup on the exchange rate, which means that the price you pay for cryptocurrencies will be slightly higher than the market rate. In addition to that, there might be fees for transferring cryptocurrencies to external wallets or converting cryptocurrencies into fiat currencies. It's always a good idea to check the Revolut app or website for the latest information on these fees and charges before making any transactions.
  • avatarDec 27, 2021 · 3 years ago
    When it comes to fees and charges for Revolut's cryptocurrency trading services, it's important to note that these can vary depending on the specific transaction. Revolut applies a 1.5% markup on the exchange rate for cryptocurrency transactions, which means that you'll be paying a slightly higher price compared to the market rate. Additionally, there might be fees associated with transferring cryptocurrencies to external wallets or converting cryptocurrencies into fiat currencies. It's recommended to check the Revolut app or website for the most accurate and up-to-date information on these fees and charges.