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What are the fees associated with standard crypto transactions on Revolut?

avatarKartikye SainiDec 17, 2021 · 3 years ago3 answers

Can you please provide a detailed explanation of the fees associated with standard crypto transactions on Revolut?

What are the fees associated with standard crypto transactions on Revolut?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    When it comes to standard crypto transactions on Revolut, there are a few fees to keep in mind. Firstly, Revolut charges a 2.5% markup on the exchange rate for cryptocurrency transactions. This means that when you buy or sell crypto on Revolut, the exchange rate will be slightly higher or lower than the market rate. Additionally, Revolut applies a 1.5% fee for instant crypto exchanges, which allows you to instantly exchange one cryptocurrency for another within the Revolut app. Lastly, there may be network fees associated with transferring cryptocurrencies to external wallets. These fees are determined by the blockchain network and can vary depending on the cryptocurrency you're transferring. It's important to note that these fees are subject to change, so it's always a good idea to check the latest fee structure on Revolut's website or app.
  • avatarDec 17, 2021 · 3 years ago
    Crypto transactions on Revolut come with a few fees. The exchange rate markup is one of them, which means you'll get a slightly different rate compared to the market rate. Instant crypto exchanges also have a fee of 1.5%. And if you're transferring crypto to an external wallet, there may be network fees involved. Keep in mind that these fees can change, so it's best to stay updated with the latest fee structure on Revolut's website or app.
  • avatarDec 17, 2021 · 3 years ago
    When it comes to standard crypto transactions on Revolut, there are a few fees to consider. Revolut charges a 2.5% markup on the exchange rate for crypto transactions. This means that the rate you get may be slightly higher or lower than the market rate. Additionally, there's a 1.5% fee for instant crypto exchanges within the Revolut app. If you're transferring crypto to an external wallet, there may be network fees involved as well. These fees can vary depending on the cryptocurrency you're transferring. It's important to check Revolut's website or app for the most up-to-date fee information.