What are the fees associated with using Revolut for cryptocurrency transfers?
siddharth sengarDec 17, 2021 · 3 years ago3 answers
Can you provide a detailed description of the fees associated with using Revolut for cryptocurrency transfers? I would like to know the costs involved before deciding to use their services.
3 answers
- Dec 17, 2021 · 3 years agoSure! When it comes to using Revolut for cryptocurrency transfers, there are a few fees to keep in mind. First, there is a 1.5% markup on the exchange rate for cryptocurrency transactions. This means that you'll be paying a slightly higher rate compared to the market rate. Additionally, if you transfer cryptocurrency to an external wallet, there is a network fee that varies depending on the cryptocurrency. It's important to note that these fees are subject to change, so it's always a good idea to check the latest fee schedule on Revolut's website before making any transfers.
- Dec 17, 2021 · 3 years agoAh, the fees associated with using Revolut for cryptocurrency transfers! Well, let me break it down for you. Revolut charges a 1.5% markup on the exchange rate for cryptocurrency transactions. This means that if you're buying or selling cryptocurrency through Revolut, you'll be paying a slightly higher rate compared to the market rate. On top of that, if you transfer your cryptocurrency to an external wallet, there will be a network fee involved. The amount of this fee depends on the specific cryptocurrency you're transferring. So, make sure to take these fees into account when using Revolut for your cryptocurrency transfers!
- Dec 17, 2021 · 3 years agoWhen it comes to the fees associated with using Revolut for cryptocurrency transfers, there are a couple of things to consider. First, there is a 1.5% markup on the exchange rate for cryptocurrency transactions. This means that if you're buying or selling cryptocurrency through Revolut, you'll be paying a slightly higher rate compared to the market rate. Additionally, if you transfer your cryptocurrency to an external wallet, there will be a network fee involved. The amount of this fee varies depending on the specific cryptocurrency. It's worth noting that these fees are subject to change, so it's always a good idea to check Revolut's website for the most up-to-date information.
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