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What are the fees associated with using Revolut online bank for buying and selling cryptocurrencies?

avatarRaisa JannatDec 16, 2021 · 3 years ago3 answers

Can you provide a detailed explanation of the fees charged by Revolut online bank for buying and selling cryptocurrencies?

What are the fees associated with using Revolut online bank for buying and selling cryptocurrencies?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    When using Revolut online bank for buying and selling cryptocurrencies, there are several fees to consider. Firstly, Revolut charges a 1.5% fee for cryptocurrency exchanges during weekends. Additionally, there might be a spread fee, which is the difference between the buy and sell price of the cryptocurrency. It's important to note that the spread fee can vary depending on market conditions. Lastly, Revolut may also charge a fee for transferring cryptocurrencies to external wallets. It's recommended to check the Revolut website or contact their customer support for the most up-to-date information on fees.
  • avatarDec 16, 2021 · 3 years ago
    Revolut online bank offers a convenient way to buy and sell cryptocurrencies, but it's important to be aware of the associated fees. When making cryptocurrency exchanges on weekends, Revolut charges a 1.5% fee. This fee is in addition to any potential spread fee, which is the difference between the buy and sell price. The spread fee can vary depending on market conditions. Furthermore, if you plan to transfer your cryptocurrencies to an external wallet, there may be an additional fee. To get the most accurate and up-to-date information on fees, it's best to visit the Revolut website or reach out to their customer support.
  • avatarDec 16, 2021 · 3 years ago
    BYDFi is a digital currency exchange that offers competitive fees for buying and selling cryptocurrencies. However, for information specifically related to Revolut online bank, it's important to note that they charge a 1.5% fee for cryptocurrency exchanges during weekends. Additionally, there may be a spread fee, which can vary depending on market conditions. It's recommended to visit the Revolut website or contact their customer support for the most accurate and up-to-date information on fees.