Are there any additional fees associated with using a Revolut card for buying and selling cryptocurrencies?
Muhana AtikahDec 16, 2021 · 3 years ago3 answers
Can you tell me if there are any extra charges when using a Revolut card for purchasing and selling cryptocurrencies? I'm interested in knowing if there are any hidden fees or additional costs that I should be aware of.
3 answers
- Dec 16, 2021 · 3 years agoWhen it comes to using a Revolut card for buying and selling cryptocurrencies, there are a few things you should know about the fees. Revolut charges a small markup on the exchange rate for cryptocurrency transactions, which is usually around 1.5%. Additionally, there may be fees associated with certain types of transactions, such as withdrawing cryptocurrencies to an external wallet. It's always a good idea to check the latest fee schedule on the Revolut website to get the most accurate information.
- Dec 16, 2021 · 3 years agoNo worries! Using a Revolut card for buying and selling cryptocurrencies is generally fee-free. However, keep in mind that there might be some minor charges, such as a small markup on the exchange rate. It's always a good idea to review the terms and conditions or contact Revolut's customer support to get the most up-to-date information on any potential fees.
- Dec 16, 2021 · 3 years agoWhen using a Revolut card for buying and selling cryptocurrencies, there may be some additional fees to consider. Revolut charges a small markup on the exchange rate for cryptocurrency transactions, which is a common practice among many platforms. However, the convenience and ease of use that Revolut offers often outweigh these minor fees. If you're concerned about fees, it's best to review the fee schedule on the Revolut website or contact their support team for more information.
Related Tags
Hot Questions
- 94
What are the advantages of using cryptocurrency for online transactions?
- 93
What are the best digital currencies to invest in right now?
- 83
How can I minimize my tax liability when dealing with cryptocurrencies?
- 71
Are there any special tax rules for crypto investors?
- 70
What are the best practices for reporting cryptocurrency on my taxes?
- 46
What are the tax implications of using cryptocurrency?
- 42
How does cryptocurrency affect my tax return?
- 34
How can I protect my digital assets from hackers?