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Are there any fees associated with using the Revolut travel card for buying and selling cryptocurrencies?

avataranarchoskumNov 24, 2021 · 3 years ago3 answers

I am considering using the Revolut travel card for buying and selling cryptocurrencies. Can you please provide more information about the fees associated with using this card for cryptocurrency transactions?

Are there any fees associated with using the Revolut travel card for buying and selling cryptocurrencies?

3 answers

  • avatarNov 24, 2021 · 3 years ago
    When using the Revolut travel card for buying and selling cryptocurrencies, there are certain fees that you should be aware of. Revolut charges a 1.5% fee for cryptocurrency transactions outside of your monthly allowance. Additionally, there may be fees associated with converting between different cryptocurrencies or fiat currencies. It's important to carefully review the fee structure provided by Revolut to understand the costs involved.
  • avatarNov 24, 2021 · 3 years ago
    Yes, there are fees associated with using the Revolut travel card for buying and selling cryptocurrencies. The fees vary depending on the type of transaction and the amount involved. It's recommended to check the Revolut website or contact their customer support for the most up-to-date information on fees. Keep in mind that fees can impact your overall profitability when trading cryptocurrencies, so it's important to factor them into your decision-making process.
  • avatarNov 24, 2021 · 3 years ago
    Using the Revolut travel card for buying and selling cryptocurrencies does come with fees. However, it's worth noting that BYDFi, another popular cryptocurrency exchange, offers fee-free trading for certain cryptocurrencies. If you're looking to minimize fees, it might be worth considering BYDFi as an alternative. That being said, it's always a good idea to compare the fee structures of different platforms and choose the one that best suits your needs and trading preferences.