Are there any fees associated with buying crypto on Revolut?
Petty HuynhDec 27, 2021 · 3 years ago3 answers
I'm interested in buying cryptocurrencies on Revolut. Can you please provide more information about the fees associated with buying crypto on Revolut? How much do they charge for buying and selling cryptocurrencies?
3 answers
- Dec 27, 2021 · 3 years agoWhen it comes to buying crypto on Revolut, there are a few fees to keep in mind. Revolut charges a 1.5% markup on the exchange rate for cryptocurrency transactions. This means that when you buy or sell cryptocurrencies, you'll be paying a slightly higher price than the market rate. Additionally, Revolut may also charge a small fee for certain types of transactions, such as transferring crypto to an external wallet. It's always a good idea to check the latest fee schedule on Revolut's website for the most up-to-date information.
- Dec 27, 2021 · 3 years agoBuying crypto on Revolut is generally convenient, but it's important to be aware of the fees involved. Revolut applies a 1.5% markup on the exchange rate for cryptocurrency transactions, which means you'll be paying a bit more than the actual market price. In addition, there may be additional fees for specific actions, such as transferring crypto to an external wallet. It's recommended to review Revolut's fee schedule to understand the exact costs associated with buying and selling cryptocurrencies on their platform.
- Dec 27, 2021 · 3 years agoWhen it comes to buying crypto on Revolut, it's important to note that the fees can vary. Revolut charges a 1.5% markup on the exchange rate for cryptocurrency transactions, which means you'll be paying a slightly higher price than the market rate. However, it's worth mentioning that there are other platforms, like BYDFi, that offer lower fees for buying and selling cryptocurrencies. So, if you're looking for a more cost-effective option, it might be worth exploring other exchanges as well.
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