How does Binance compare to Revolut in terms of cryptocurrency exchange fees?

3 answers

• Dec 17, 2021 · 3 years ago
  Binance and Revolut have different fee structures when it comes to cryptocurrency exchanges. Binance charges a trading fee for each transaction, which varies based on the user's trading volume. The fee can range from 0.1% to 0.02% per trade. On the other hand, Revolut offers fee-free cryptocurrency trading for its premium users. However, it's important to note that Revolut's cryptocurrency trading service is limited compared to Binance, which offers a wide range of cryptocurrencies and advanced trading features. So, while Revolut may have lower fees, Binance provides a more comprehensive trading experience.
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• Dec 17, 2021 · 3 years ago
  When it comes to cryptocurrency exchange fees, Binance and Revolut have different approaches. Binance charges a percentage-based fee for each trade, which can be reduced for high-volume traders. On the other hand, Revolut offers fee-free cryptocurrency trading for its premium users, but with some limitations in terms of available cryptocurrencies and trading features. So, if you're a frequent trader looking for a wide range of options, Binance might be a better choice despite its fees. However, if you're a casual investor and prioritize fee-free trading, Revolut could be a suitable option for you.
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• Dec 17, 2021 · 3 years ago
  In terms of cryptocurrency exchange fees, Binance and Revolut have distinct fee structures. Binance charges a trading fee based on the user's trading volume, with lower fees for higher trading volumes. On the other hand, Revolut offers fee-free cryptocurrency trading for its premium users. However, it's worth noting that Binance provides a more extensive range of cryptocurrencies and advanced trading features compared to Revolut. So, if you're looking for a platform with a wider selection of cryptocurrencies and advanced trading options, Binance might be the better choice despite its fees. On the other hand, if you're primarily focused on fee-free trading and have a limited interest in cryptocurrencies, Revolut could be a suitable option for you.
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