What are the fees associated with using Revolut's current account for buying and selling cryptocurrencies?
Syed Azhar Hussain ShahDec 24, 2021 · 3 years ago5 answers
Can you provide more details about the fees charged when using Revolut's current account for buying and selling cryptocurrencies? How much are the fees and are they different for different cryptocurrencies?
5 answers
- Dec 24, 2021 · 3 years agoWhen using Revolut's current account for buying and selling cryptocurrencies, there are fees involved. The exact fees depend on the specific cryptocurrency you are trading. Revolut charges a markup on the exchange rate for cryptocurrencies, which is typically around 1.5% for major cryptocurrencies like Bitcoin and Ethereum. Additionally, there may be fees for certain types of transactions, such as sending cryptocurrencies to external wallets. It's important to note that the fees can vary and it's recommended to check the latest fee schedule on Revolut's website for accurate information.
- Dec 24, 2021 · 3 years agoRevolut's current account offers a convenient way to buy and sell cryptocurrencies, but it's important to be aware of the associated fees. The fees for buying and selling cryptocurrencies through Revolut's current account are generally higher compared to dedicated cryptocurrency exchanges. The fees include a markup on the exchange rate, which can range from 0.5% to 2.5% depending on the cryptocurrency. Additionally, there may be fees for certain transactions, such as transferring cryptocurrencies to external wallets. It's recommended to review the fee schedule on Revolut's website for the most up-to-date information.
- Dec 24, 2021 · 3 years agoWhen it comes to using Revolut's current account for buying and selling cryptocurrencies, there are fees involved. The fees can vary depending on the specific cryptocurrency and the amount being traded. Revolut charges a markup on the exchange rate, which is typically around 1.5% for major cryptocurrencies. In addition to the markup, there may be fees for certain transactions, such as transferring cryptocurrencies to external wallets. It's worth noting that the fees charged by Revolut may be higher compared to dedicated cryptocurrency exchanges. For more detailed information on the fees, it's recommended to visit Revolut's website or contact their customer support.
- Dec 24, 2021 · 3 years agoRevolut's current account allows users to buy and sell cryptocurrencies, but it's important to understand the fees associated with these transactions. The fees charged by Revolut for buying and selling cryptocurrencies include a markup on the exchange rate, which can vary depending on the specific cryptocurrency. The markup is typically around 1.5% for major cryptocurrencies. Additionally, there may be fees for certain transactions, such as transferring cryptocurrencies to external wallets. It's advisable to review the fee schedule on Revolut's website for accurate and up-to-date information on the fees.
- Dec 24, 2021 · 3 years agoWhen using Revolut's current account for buying and selling cryptocurrencies, there are fees involved. The fees charged by Revolut include a markup on the exchange rate, which can vary depending on the specific cryptocurrency. The markup is typically around 1.5% for major cryptocurrencies like Bitcoin and Ethereum. In addition to the markup, there may be fees for certain transactions, such as transferring cryptocurrencies to external wallets. It's important to be aware of these fees and consider them when using Revolut's current account for cryptocurrency transactions.
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