What is the fee structure for currency exchange involving cryptocurrencies on Revolut?
Nifty Fifty SolutionsDec 18, 2021 · 3 years ago3 answers
Can you provide a detailed explanation of the fee structure for currency exchange involving cryptocurrencies on Revolut? I would like to know the fees involved when exchanging cryptocurrencies on the Revolut platform.
3 answers
- Dec 18, 2021 · 3 years agoWhen it comes to currency exchange involving cryptocurrencies on Revolut, there are a few fees to keep in mind. Firstly, Revolut charges a 1.5% fee for exchanging cryptocurrencies on weekends. This fee is applied to the exchange rate and is in addition to any other fees. Secondly, there may be fees associated with depositing or withdrawing cryptocurrencies from your Revolut account, depending on the specific cryptocurrency. It's important to check the fees for each cryptocurrency before making any transactions. Lastly, Revolut may also charge a markup on the exchange rate for certain cryptocurrencies. This markup is applied to the market rate and can vary depending on the cryptocurrency. Overall, it's recommended to review the fee structure on Revolut's website or contact their customer support for the most up-to-date information.
- Dec 18, 2021 · 3 years agoThe fee structure for currency exchange involving cryptocurrencies on Revolut can be summarized as follows: there is a 1.5% fee for exchanging cryptocurrencies on weekends, additional fees may apply for depositing or withdrawing cryptocurrencies, and there may be a markup on the exchange rate for certain cryptocurrencies. It's important to be aware of these fees and factor them into your decision-making process when using Revolut for cryptocurrency exchanges.
- Dec 18, 2021 · 3 years agoAs an expert in the cryptocurrency industry, I can tell you that the fee structure for currency exchange involving cryptocurrencies on Revolut is quite straightforward. Revolut charges a 1.5% fee for exchanging cryptocurrencies on weekends. This fee is applied to the exchange rate and is in addition to any other fees. Additionally, there may be fees associated with depositing or withdrawing cryptocurrencies from your Revolut account, depending on the specific cryptocurrency. It's always a good idea to review the fee structure on Revolut's website or contact their customer support for the most accurate and up-to-date information.
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