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What are the fees associated with using Revolut for cryptocurrency transactions in the USA?

avatarOLXTOTODec 18, 2021 · 3 years ago3 answers

I would like to know more about the fees associated with using Revolut for cryptocurrency transactions in the USA. Can you provide me with detailed information on the fees charged by Revolut for buying, selling, and transferring cryptocurrencies? How do these fees compare to other cryptocurrency exchanges in the USA?

What are the fees associated with using Revolut for cryptocurrency transactions in the USA?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    When using Revolut for cryptocurrency transactions in the USA, there are several fees to consider. First, there is a 1.5% fee for buying or selling cryptocurrencies. Additionally, there may be a spread fee, which is the difference between the buy and sell prices of the cryptocurrency. This fee can vary depending on market conditions. It's important to note that Revolut does not charge any fees for transferring cryptocurrencies between Revolut users. Compared to other cryptocurrency exchanges in the USA, Revolut's fees are generally competitive, but it's always a good idea to compare fees across different platforms before making a decision.
  • avatarDec 18, 2021 · 3 years ago
    Revolut charges a 1.5% fee for buying or selling cryptocurrencies in the USA. This fee is applied to the total transaction amount. In addition to the transaction fee, Revolut may also charge a spread fee, which is the difference between the buy and sell prices of the cryptocurrency. The spread fee can vary depending on market conditions. It's worth noting that Revolut does not charge any fees for transferring cryptocurrencies between Revolut users. Overall, Revolut's fees for cryptocurrency transactions in the USA are relatively competitive compared to other exchanges.
  • avatarDec 18, 2021 · 3 years ago
    When it comes to using Revolut for cryptocurrency transactions in the USA, there are a few fees to keep in mind. First, there is a 1.5% fee for buying or selling cryptocurrencies. This fee is calculated based on the total transaction amount. Additionally, there may be a spread fee, which is the difference between the buy and sell prices of the cryptocurrency. The spread fee can vary depending on market conditions. It's important to note that Revolut does not charge any fees for transferring cryptocurrencies between Revolut users. Overall, Revolut's fees for cryptocurrency transactions in the USA are competitive compared to other exchanges. However, it's always a good idea to compare fees and features across different platforms to find the best option for your needs.