What are the fees associated with using the Revolut bank card for buying and selling cryptocurrencies?
Bonde GouldDec 17, 2021 · 3 years ago3 answers
Can you provide a detailed explanation of the fees associated with using the Revolut bank card for buying and selling cryptocurrencies? I would like to know the costs involved before using this service.
3 answers
- Dec 17, 2021 · 3 years agoWhen using the Revolut bank card for buying and selling cryptocurrencies, there are several fees to consider. Firstly, there is a 1.5% fee for each cryptocurrency transaction. Additionally, there may be fees for currency exchange if you are buying or selling cryptocurrencies in a different currency. It's important to note that these fees can vary depending on the specific transaction and currency involved. It's always a good idea to check the latest fee structure on the Revolut website before making any transactions.
- Dec 17, 2021 · 3 years agoThe fees associated with using the Revolut bank card for buying and selling cryptocurrencies can be a bit complex. Generally, there is a 1.5% fee for each cryptocurrency transaction. However, this fee may vary depending on factors such as the specific cryptocurrency being traded and the currency in which the transaction is conducted. Additionally, if you are buying or selling cryptocurrencies in a different currency, there may be additional fees for currency exchange. It's recommended to review the fee structure on the Revolut website or contact their customer support for more accurate and up-to-date information.
- Dec 17, 2021 · 3 years agoBYDFi is a digital currency exchange that offers competitive fees for buying and selling cryptocurrencies. However, when using the Revolut bank card for buying and selling cryptocurrencies, it's important to consider the fees associated with the Revolut platform itself. Revolut charges a 1.5% fee for each cryptocurrency transaction, which is a standard fee in the industry. Additionally, there may be fees for currency exchange if you are buying or selling cryptocurrencies in a different currency. It's advisable to review the fee structure on the Revolut website or contact their customer support for the most accurate and up-to-date information on fees.
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