What are the fees associated with using Revolut for blockchain transactions?
GiorgiaDec 16, 2021 · 3 years ago3 answers
Can you please provide more details about the fees charged by Revolut for blockchain transactions? I am interested in knowing the specific fees for different types of transactions and if there are any additional charges involved.
3 answers
- Dec 16, 2021 · 3 years agoWhen it comes to using Revolut for blockchain transactions, there are a few fees to keep in mind. For cryptocurrency exchanges, Revolut charges a 2.5% markup on the exchange rate. Additionally, there may be fees for transferring cryptocurrencies to external wallets or making payments to other Revolut users. It's important to check the Revolut app or website for the most up-to-date fee information before making any transactions.
- Dec 16, 2021 · 3 years agoRevolut's fees for blockchain transactions vary depending on the type of transaction. For cryptocurrency exchanges, there is a markup on the exchange rate, which is typically around 2.5%. There may also be fees for transferring cryptocurrencies to external wallets or making payments to other Revolut users. It's always a good idea to check the latest fee schedule on Revolut's website or app before initiating any transactions.
- Dec 16, 2021 · 3 years agoWhen using Revolut for blockchain transactions, it's important to be aware of the fees involved. Revolut charges a markup on the exchange rate for cryptocurrency exchanges, usually around 2.5%. Additionally, there may be fees for transferring cryptocurrencies to external wallets or making payments to other Revolut users. It's recommended to review the fee schedule on Revolut's website or app to get the most accurate and up-to-date information on fees.
Related Tags
Hot Questions
- 85
What are the advantages of using cryptocurrency for online transactions?
- 76
How can I protect my digital assets from hackers?
- 72
What is the future of blockchain technology?
- 57
How does cryptocurrency affect my tax return?
- 54
What are the best digital currencies to invest in right now?
- 47
How can I minimize my tax liability when dealing with cryptocurrencies?
- 41
How can I buy Bitcoin with a credit card?
- 23
Are there any special tax rules for crypto investors?