Are there any fees associated with buying bitcoins through Revolut?
Sukhwinder KumarDec 16, 2021 · 3 years ago5 answers
What are the fees associated with buying bitcoins through Revolut? Are there any additional costs or charges that I should be aware of?
5 answers
- Dec 16, 2021 · 3 years agoWhen buying bitcoins through Revolut, there are some fees involved. Revolut charges a 1.5% markup on the exchange rate for cryptocurrency transactions. This means that the price you pay for bitcoins will be slightly higher than the market rate. Additionally, if you make a cryptocurrency transaction on weekends or during market volatility, Revolut may apply an additional fee of up to 0.5%. It's important to note that these fees are subject to change, so it's always a good idea to check the latest fee structure on Revolut's website.
- Dec 16, 2021 · 3 years agoYes, there are fees associated with buying bitcoins through Revolut. The fees include a markup on the exchange rate and a potential additional fee during weekends or market volatility. The markup fee is 1.5%, which means that you'll be paying a slightly higher price for bitcoins compared to the market rate. On top of that, if you make a cryptocurrency transaction on weekends or during periods of high market activity, there might be an extra fee of up to 0.5%. It's advisable to review the current fee structure on Revolut's website before making a purchase.
- Dec 16, 2021 · 3 years agoWhen it comes to buying bitcoins through Revolut, there are indeed fees involved. Revolut applies a 1.5% markup on the exchange rate for cryptocurrency transactions, which means that you'll be paying a bit more than the actual market price. Additionally, if you make a cryptocurrency transaction on weekends or during times of high market volatility, there might be an extra fee of up to 0.5%. It's worth noting that these fees can vary and it's recommended to check the latest fee information on Revolut's official website for the most accurate details.
- Dec 16, 2021 · 3 years agoBuying bitcoins through Revolut does come with fees. Revolut charges a 1.5% markup on the exchange rate for cryptocurrency transactions, meaning that you'll be paying a slightly higher price for bitcoins compared to the market rate. Additionally, if you make a cryptocurrency transaction on weekends or during periods of high market volatility, there may be an additional fee of up to 0.5%. It's important to stay informed about the current fee structure by visiting Revolut's website.
- Dec 16, 2021 · 3 years agoYes, there are fees associated with buying bitcoins through Revolut. Revolut applies a 1.5% markup on the exchange rate for cryptocurrency transactions, which means that the price you pay for bitcoins will be slightly higher than the market rate. In addition, if you make a cryptocurrency transaction on weekends or during times of high market volatility, there might be an extra fee of up to 0.5%. It's recommended to check Revolut's website for the most up-to-date fee information before purchasing bitcoins.
Related Tags
Hot Questions
- 83
How does cryptocurrency affect my tax return?
- 82
What are the best practices for reporting cryptocurrency on my taxes?
- 73
What are the tax implications of using cryptocurrency?
- 68
How can I minimize my tax liability when dealing with cryptocurrencies?
- 50
How can I buy Bitcoin with a credit card?
- 38
What are the advantages of using cryptocurrency for online transactions?
- 30
What are the best digital currencies to invest in right now?
- 30
How can I protect my digital assets from hackers?