What are the fees associated with using Revolut Pay for buying and selling cryptocurrencies?
IgriegaDec 18, 2021 · 3 years ago3 answers
Can you provide a detailed explanation of the fees involved when using Revolut Pay for buying and selling cryptocurrencies? I would like to understand the costs associated with using this service.
3 answers
- Dec 18, 2021 · 3 years agoWhen using Revolut Pay for buying and selling cryptocurrencies, there are several fees to consider. Firstly, Revolut charges a 1.5% fee for each cryptocurrency transaction. This fee is applied on top of the exchange rate, which is determined by Revolut. Additionally, there may be network fees associated with the specific cryptocurrency you are trading. These network fees are not controlled by Revolut and may vary depending on the current network congestion. It's important to keep these fees in mind when using Revolut Pay for cryptocurrency transactions to ensure you are aware of the total cost involved.
- Dec 18, 2021 · 3 years agoRevolut Pay charges a 1.5% fee for buying and selling cryptocurrencies. This fee is in addition to the exchange rate set by Revolut. It's important to note that the exchange rate may fluctuate and may not be the same as the market rate. Additionally, there may be network fees associated with the specific cryptocurrency you are trading. These fees are not controlled by Revolut and are determined by the respective cryptocurrency networks. It's recommended to review the fees and exchange rates before making any cryptocurrency transactions using Revolut Pay.
- Dec 18, 2021 · 3 years agoWhen using Revolut Pay for buying and selling cryptocurrencies, there is a 1.5% fee applied to each transaction. This fee is separate from the exchange rate and is charged by Revolut. It's important to consider this fee when calculating the total cost of your cryptocurrency transactions. Additionally, there may be network fees associated with the specific cryptocurrency you are trading. These fees are determined by the respective cryptocurrency networks and are not controlled by Revolut. Make sure to review the fees and exchange rates before using Revolut Pay for cryptocurrency transactions.
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