How does Revolut's pricing structure work for trading digital currencies?
Karthigeyan AktivoltDec 25, 2021 · 3 years ago1 answers
Can you explain in detail how Revolut's pricing structure works for trading digital currencies? I'm interested in knowing about the fees, spreads, and any other costs involved in trading on Revolut.
1 answers
- Dec 25, 2021 · 3 years agoRevolut's pricing structure for trading digital currencies is designed to be transparent and competitive. When you buy or sell digital currencies on Revolut, you'll be charged a fee based on the size of your transaction. The fee is a percentage of the total transaction amount and can vary depending on the specific currency pair you're trading. In addition to the fee, Revolut also applies a spread to the exchange rate, which means that the rate you see on the app may not be the exact market rate. This spread helps cover the costs and risks associated with providing the service. Overall, Revolut aims to offer a fair and cost-effective solution for trading digital currencies, but it's always a good idea to compare the pricing with other platforms to ensure you're getting the best deal.
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