What are the fees associated with using the Revolut black card for buying and selling cryptocurrencies?
Chirag JethwaniDec 17, 2021 · 3 years ago3 answers
Can you provide a detailed explanation of the fees associated with using the Revolut black card for buying and selling cryptocurrencies? I would like to know the different types of fees, their amounts, and how they are calculated.
3 answers
- Dec 17, 2021 · 3 years agoWhen using the Revolut black card for buying and selling cryptocurrencies, there are several fees to consider. Firstly, there is a 1.5% fee for each cryptocurrency transaction. This fee is calculated based on the total transaction amount. Additionally, there may be fees associated with converting between different cryptocurrencies. These fees vary depending on the specific cryptocurrencies involved. It's important to note that Revolut may also charge a markup on the exchange rate when converting between cryptocurrencies. Overall, it's recommended to carefully review the fee structure provided by Revolut before using the black card for cryptocurrency transactions.
- Dec 17, 2021 · 3 years agoThe fees associated with using the Revolut black card for buying and selling cryptocurrencies can be quite significant. For each cryptocurrency transaction, there is a 1.5% fee. This means that if you buy or sell $100 worth of cryptocurrencies, you will be charged a $1.50 fee. Additionally, there may be fees for converting between different cryptocurrencies. These fees can vary depending on the specific cryptocurrencies involved. It's important to consider these fees when deciding whether to use the Revolut black card for cryptocurrency transactions.
- Dec 17, 2021 · 3 years agoAt BYDFi, we understand the importance of transparency when it comes to fees. When using the Revolut black card for buying and selling cryptocurrencies, there is a 1.5% fee for each transaction. This fee is calculated based on the total transaction amount. Additionally, there may be fees associated with converting between different cryptocurrencies. These fees can vary depending on the specific cryptocurrencies involved. It's important to carefully review the fee structure provided by Revolut to ensure you are aware of the costs associated with using the black card for cryptocurrency transactions.
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