What are the fees associated with using a revolut credit card for buying and selling cryptocurrencies?

3 answers

• Dec 17, 2021 · 3 years ago
  When using a revolut credit card for buying and selling cryptocurrencies, there are several fees to consider. Firstly, there is a transaction fee which is charged for each buy or sell order. The transaction fee is usually a percentage of the total transaction amount and can vary depending on the specific cryptocurrency being traded. Additionally, there may be a spread fee, which is the difference between the buying and selling price of the cryptocurrency. This fee is typically included in the exchange rate and can vary depending on market conditions. Lastly, there may be withdrawal fees when transferring the cryptocurrencies to an external wallet or another exchange. These fees can vary depending on the specific cryptocurrency and the amount being withdrawn. It's important to check the latest fee schedule provided by Revolut for the most accurate and up-to-date information.
  886443
• Dec 17, 2021 · 3 years ago
  Using a revolut credit card for buying and selling cryptocurrencies can incur several fees. The transaction fee is the most common fee associated with these transactions. This fee is usually a percentage of the total transaction amount and can vary depending on the specific cryptocurrency being traded. Additionally, there may be a spread fee, which is the difference between the buying and selling price of the cryptocurrency. This fee is typically included in the exchange rate and can vary depending on market conditions. Lastly, there may be withdrawal fees when transferring the cryptocurrencies to an external wallet or another exchange. These fees can vary depending on the specific cryptocurrency and the amount being withdrawn. It's important to review the fee schedule provided by Revolut to understand the exact fees associated with using their credit card for buying and selling cryptocurrencies.
  909303
• Dec 17, 2021 · 3 years ago
  When using a revolut credit card for buying and selling cryptocurrencies, you may encounter various fees. The transaction fee is typically a percentage of the total transaction amount and can vary depending on the specific cryptocurrency being traded. Additionally, there may be a spread fee, which is the difference between the buying and selling price of the cryptocurrency. This fee is usually included in the exchange rate and can fluctuate based on market conditions. Lastly, there may be withdrawal fees when transferring the cryptocurrencies to an external wallet or another exchange. These fees can vary depending on the specific cryptocurrency and the amount being withdrawn. It's important to note that fees can change over time, so it's recommended to check the latest fee schedule provided by Revolut for the most accurate information.
  847212