What are the fees associated with using a Revolut card for cryptocurrency transactions in the UK?
Sheridan HartleyDec 26, 2021 · 3 years ago3 answers
I would like to know the fees associated with using a Revolut card for cryptocurrency transactions in the UK. Can you provide me with more details on the fees involved?
3 answers
- Dec 26, 2021 · 3 years agoWhen using a Revolut card for cryptocurrency transactions in the UK, there are a few fees to be aware of. Firstly, there is a 1.5% markup on the exchange rate for cryptocurrency transactions. This means that if the current exchange rate is $10,000 for 1 Bitcoin, Revolut will charge you $10,150 for 1 Bitcoin. Additionally, there may be fees for certain types of transactions, such as sending cryptocurrency to an external wallet. It's important to check the latest fee schedule on Revolut's website for the most accurate and up-to-date information.
- Dec 26, 2021 · 3 years agoUsing a Revolut card for cryptocurrency transactions in the UK comes with some fees. One of the main fees is the 1.5% markup on the exchange rate. This means that you'll be paying a slightly higher price for your cryptocurrency compared to the market rate. There may also be fees for certain types of transactions, such as sending cryptocurrency to an external wallet. It's always a good idea to check the latest fee schedule on Revolut's website to understand the exact fees involved.
- Dec 26, 2021 · 3 years agoWhen it comes to using a Revolut card for cryptocurrency transactions in the UK, there are a few fees you should be aware of. Firstly, there is a 1.5% markup on the exchange rate. This means that you'll be paying a bit more for your cryptocurrency compared to the market rate. Additionally, there may be fees for certain types of transactions, such as sending cryptocurrency to an external wallet. It's important to review the fee schedule on Revolut's website to get a clear understanding of the fees associated with using their card for cryptocurrency transactions.
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