What are the fees for converting cryptocurrency in Revolut?

3 answers

• Dec 30, 2021 · 3 years ago
  When converting cryptocurrency in Revolut, there are several fees to consider. First, there is a conversion fee which is applied when you exchange one cryptocurrency for another or when you convert cryptocurrency to fiat currency. This fee is typically a small percentage of the transaction amount. Additionally, there may be network fees associated with the blockchain network used for the transaction. These fees are determined by the network and can vary depending on network congestion. It's important to note that Revolut may also charge a markup on the exchange rate, which means you may not get the exact market rate when converting cryptocurrency. Overall, it's recommended to review the fee schedule provided by Revolut for specific details on the fees associated with converting cryptocurrency.
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• Dec 30, 2021 · 3 years ago
  Converting cryptocurrency in Revolut comes with certain fees. The conversion fee is the main fee you'll encounter, which is a small percentage charged when you exchange one cryptocurrency for another or convert cryptocurrency to fiat currency. Additionally, there may be network fees involved, which are fees charged by the blockchain network used for the transaction. These fees can vary depending on network congestion and are not controlled by Revolut. It's worth noting that Revolut may also apply a markup on the exchange rate, meaning you might not get the exact market rate. To get a clear understanding of the fees, it's best to refer to Revolut's fee schedule for cryptocurrency conversions.
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• Dec 30, 2021 · 3 years ago
  When it comes to converting cryptocurrency in Revolut, there are a few fees to keep in mind. First, there's a conversion fee that applies when you exchange one cryptocurrency for another or convert cryptocurrency to fiat currency. This fee is typically a small percentage of the transaction amount and is charged by Revolut. Additionally, there may be network fees associated with the blockchain network used for the transaction. These fees are determined by the network and can vary depending on network congestion. It's important to note that Revolut may also charge a markup on the exchange rate, which means you may not get the exact market rate. It's always a good idea to review Revolut's fee schedule for specific details on the fees involved in converting cryptocurrency.
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