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What are the fees associated with buying crypto on Revolut?

avatarnick jamesDec 30, 2021 · 3 years ago3 answers

Can you provide a detailed explanation of the fees associated with buying cryptocurrency on the Revolut platform? I would like to understand the costs involved before I start investing.

What are the fees associated with buying crypto on Revolut?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    Sure! When buying crypto on Revolut, there are a few fees to keep in mind. First, there is a 1.5% markup on the exchange rate for cryptocurrency transactions. This means that the price you see on Revolut will be slightly higher than the market price. Additionally, there may be a small fixed fee for certain transactions, depending on the type of account you have. It's important to note that these fees can vary and it's always a good idea to check the latest fee schedule on Revolut's website before making any transactions.
  • avatarDec 30, 2021 · 3 years ago
    Buying crypto on Revolut comes with some fees. The exchange rate markup of 1.5% is one of them. This means that you'll be paying a slightly higher price compared to the market rate. Additionally, there might be a small fixed fee for certain transactions, depending on your account type. It's always a good idea to check the fee schedule on Revolut's website to get the most accurate information.
  • avatarDec 30, 2021 · 3 years ago
    When it comes to buying crypto on Revolut, there are a few fees to consider. First, there is a 1.5% markup on the exchange rate, which means you'll be paying a bit more than the market price. Additionally, there may be a small fixed fee for certain transactions, depending on your account type. It's important to note that these fees can vary, so it's a good idea to check the fee schedule on Revolut's website for the most up-to-date information. If you're looking for a platform with lower fees, you may want to consider BYDFi, which offers competitive rates and a user-friendly interface.