Are there any fees associated with transferring cryptocurrency using Revolut?
Rudra PatelJan 05, 2022 · 3 years ago3 answers
Can you tell me if there are any fees involved when transferring cryptocurrency using Revolut? I'm considering using Revolut for my crypto transactions and I want to make sure I understand all the costs involved.
3 answers
- Jan 05, 2022 · 3 years agoYes, there are fees associated with transferring cryptocurrency using Revolut. When you transfer cryptocurrency to another Revolut user, there are no fees involved. However, if you transfer cryptocurrency to an external wallet or exchange, there may be fees depending on the type of cryptocurrency and the network fees associated with it. It's important to check the fees and terms on Revolut's website or app before making any transfers.
- Jan 05, 2022 · 3 years agoTransferring cryptocurrency using Revolut does come with some fees. While transferring to other Revolut users is fee-free, transferring to external wallets or exchanges may incur fees. These fees vary depending on the cryptocurrency and the network fees at the time of transfer. It's always a good idea to check the latest fee schedule on Revolut's platform to get accurate information on the fees involved.
- Jan 05, 2022 · 3 years agoRevolut does charge fees for transferring cryptocurrency to external wallets or exchanges. The fees vary depending on the type of cryptocurrency and the network fees associated with it. It's important to note that transferring cryptocurrency to other Revolut users is fee-free. To get the most accurate and up-to-date information on the fees, it's recommended to visit Revolut's official website or contact their customer support.
Related Tags
Hot Questions
- 86
Are there any special tax rules for crypto investors?
- 84
How can I minimize my tax liability when dealing with cryptocurrencies?
- 74
What is the future of blockchain technology?
- 72
What are the advantages of using cryptocurrency for online transactions?
- 51
What are the best digital currencies to invest in right now?
- 40
What are the tax implications of using cryptocurrency?
- 32
How can I buy Bitcoin with a credit card?
- 23
How does cryptocurrency affect my tax return?