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What are the fees associated with buying cryptocurrency on Revolut?

avatarAmirali DaliriDec 17, 2021 · 3 years ago3 answers

Can you please provide a detailed explanation of the fees involved when purchasing cryptocurrency on the Revolut platform?

What are the fees associated with buying cryptocurrency on Revolut?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    When buying cryptocurrency on Revolut, there are a few fees to keep in mind. Firstly, there is a 1.5% markup on the exchange rate for cryptocurrency transactions. This means that when you buy or sell cryptocurrency, the rate you get will be slightly higher or lower than the market rate. Additionally, there may be fees for certain types of transactions, such as sending cryptocurrency to an external wallet. These fees can vary depending on the specific cryptocurrency and the amount being sent. It's important to review the fee schedule on the Revolut app or website for the most up-to-date information on fees.
  • avatarDec 17, 2021 · 3 years ago
    Buying cryptocurrency on Revolut comes with a few fees. The exchange rate markup is one of them, which means that the rate you get for buying or selling cryptocurrency is slightly different from the market rate. There may also be fees for specific transactions, like sending cryptocurrency to an external wallet. These fees can vary depending on the cryptocurrency and the amount being sent. Make sure to check the fee schedule on the Revolut app or website to get the latest information on fees.
  • avatarDec 17, 2021 · 3 years ago
    When it comes to buying cryptocurrency on Revolut, there are a couple of fees to consider. First, there is a 1.5% markup on the exchange rate, which means that the rate you get for buying or selling cryptocurrency is slightly higher or lower than the market rate. Additionally, there may be fees for certain types of transactions, such as sending cryptocurrency to an external wallet. These fees can vary depending on the specific cryptocurrency and the amount being sent. To get the most accurate and up-to-date information on fees, it's best to check the fee schedule on the Revolut app or website.