What are the fees associated with investing in digital currencies on Revolut?
Anthony KevinJan 10, 2022 · 3 years ago3 answers
Can you provide a detailed explanation of the fees associated with investing in digital currencies on Revolut? I would like to know the costs involved before I start investing.
3 answers
- Jan 10, 2022 · 3 years agoSure! When investing in digital currencies on Revolut, there are a few fees to keep in mind. Firstly, there is a 1.5% markup on the exchange rate for all digital currency transactions. This means that when you buy or sell digital currencies, the rate you get will be slightly different from the market rate. Additionally, there may be a small fee for certain types of transactions, such as sending digital currencies to external wallets. It's important to check the Revolut app or website for the most up-to-date information on fees, as they may vary depending on the specific digital currency and transaction type.
- Jan 10, 2022 · 3 years agoInvesting in digital currencies on Revolut comes with a few fees. The main fee to be aware of is the 1.5% markup on the exchange rate. This means that when you buy or sell digital currencies, you'll be paying a slightly higher rate than the market rate. There may also be fees for certain types of transactions, such as sending digital currencies to external wallets. It's always a good idea to check the Revolut app or website for the latest fee information before making any transactions.
- Jan 10, 2022 · 3 years agoWhen it comes to investing in digital currencies on Revolut, there are a couple of fees to consider. The most notable fee is the 1.5% markup on the exchange rate. This means that when you buy or sell digital currencies, you'll be paying a slightly higher rate than the market rate. Additionally, there may be fees for certain types of transactions, such as sending digital currencies to external wallets. It's important to keep these fees in mind and factor them into your investment decisions. For more detailed information, you can visit the Revolut app or website to see the specific fees associated with each digital currency and transaction type.
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