How does Revolut handle foreign currency conversions for trading digital assets?

3 answers

• Nov 26, 2021 · 3 years ago
  Revolut handles foreign currency conversions for trading digital assets by using their own exchange rate. When you make a trade, Revolut automatically converts your funds from your base currency to the currency of the digital asset you're trading. They aim to provide competitive rates, but keep in mind that there may be a small fee involved for the conversion. It's important to check the fees and rates before making any trades to ensure you're aware of any costs involved.
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• Nov 26, 2021 · 3 years ago
  When it comes to foreign currency conversions for trading digital assets on Revolut, they have a straightforward process. Once you've selected the digital asset you want to trade, Revolut will automatically convert your funds from your base currency to the currency of the digital asset at the current exchange rate. This allows you to seamlessly trade digital assets without having to manually convert your funds beforehand. Just keep in mind that there may be some fees associated with the conversion, so it's always a good idea to review the fee schedule on Revolut's website or app before making any trades.
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• Nov 26, 2021 · 3 years ago
  Revolut handles foreign currency conversions for trading digital assets in a convenient and efficient manner. When you initiate a trade, Revolut automatically converts your funds from your base currency to the currency of the digital asset you're trading at the prevailing exchange rate. This ensures that you can easily trade digital assets without the need to manually convert your funds. However, it's worth noting that Revolut may charge a small fee for the conversion, so it's important to review their fee schedule to understand any potential costs involved. Overall, Revolut's approach to foreign currency conversions for trading digital assets offers a seamless and user-friendly experience.
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