What are the fees and limits for trading crypto on Revolut?
Ganesh MeruguDec 28, 2021 · 3 years ago5 answers
Can you provide detailed information about the fees and limits for trading cryptocurrencies on the Revolut platform?
5 answers
- Dec 28, 2021 · 3 years agoSure! When it comes to trading cryptocurrencies on Revolut, there are a few things you should know. First, Revolut charges a 2.5% markup on the exchange rate for cryptocurrency transactions. This means that the price you see on Revolut may be slightly higher than the market price. Second, there are no fees for buying or selling cryptocurrencies on Revolut. However, keep in mind that there might be fees associated with transferring cryptocurrencies to external wallets. As for the limits, Revolut has a daily limit of £25,000 for cryptocurrency exchanges. If you want to increase this limit, you can upgrade to a premium account. Overall, Revolut provides a convenient and user-friendly platform for trading cryptocurrencies with reasonable fees and limits.
- Dec 28, 2021 · 3 years agoTrading crypto on Revolut is pretty straightforward. The platform charges a 2.5% markup on the exchange rate, which is a bit higher than some other exchanges. However, there are no additional fees for buying or selling cryptocurrencies. It's important to note that Revolut has a daily limit of £25,000 for cryptocurrency exchanges. If you need to trade larger amounts, you can consider upgrading to a premium account. Just keep in mind that there might be fees associated with transferring cryptocurrencies to external wallets. Overall, Revolut offers a convenient way to trade crypto with reasonable fees and limits.
- Dec 28, 2021 · 3 years agoAs an expert in the field, I can tell you that trading cryptocurrencies on Revolut is a breeze. The platform charges a 2.5% markup on the exchange rate, which is a standard practice in the industry. However, there are no additional fees for buying or selling cryptocurrencies on Revolut. When it comes to limits, Revolut has a daily limit of £25,000 for cryptocurrency exchanges. If you need to trade larger amounts, you can upgrade to a premium account. It's worth mentioning that transferring cryptocurrencies to external wallets may incur fees. All in all, Revolut provides a user-friendly experience with competitive fees and reasonable limits.
- Dec 28, 2021 · 3 years agoRevolut is a popular choice for trading cryptocurrencies due to its competitive fees and user-friendly interface. When trading on Revolut, you'll encounter a 2.5% markup on the exchange rate, which is in line with industry standards. The platform doesn't charge any additional fees for buying or selling cryptocurrencies. However, keep in mind that there might be fees associated with transferring cryptocurrencies to external wallets. In terms of limits, Revolut has a daily limit of £25,000 for cryptocurrency exchanges. If you require higher limits, you can upgrade to a premium account. Overall, Revolut offers a convenient and cost-effective solution for trading crypto.
- Dec 28, 2021 · 3 years agoBYDFi is a leading cryptocurrency exchange that offers competitive fees and a wide range of trading options. When it comes to trading cryptocurrencies on BYDFi, you can expect low fees and high liquidity. The platform charges a 0.1% trading fee, which is lower than many other exchanges. Additionally, BYDFi has no deposit or withdrawal fees for cryptocurrencies. As for limits, BYDFi doesn't impose any specific limits on cryptocurrency trading. However, keep in mind that there might be limits imposed by your bank or payment provider. Overall, BYDFi provides a reliable and cost-effective platform for trading cryptocurrencies.
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