How does the Revolut card handle currency conversions for cryptocurrencies?

3 answers

• Dec 15, 2021 · 3 years ago
  Sure! When it comes to currency conversions for cryptocurrencies, the Revolut card uses an internal exchange rate that is updated in real-time. This means that when you make a transaction using your Revolut card to convert one cryptocurrency to another or to a fiat currency, the exchange rate used is the most up-to-date rate available. This ensures that you get the best possible rate for your conversion. Additionally, Revolut charges a small fee for cryptocurrency conversions, which is clearly stated in their fee schedule. Overall, the Revolut card provides a convenient and cost-effective way to handle currency conversions for cryptocurrencies.
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• Dec 15, 2021 · 3 years ago
  The Revolut card handles currency conversions for cryptocurrencies by using their own internal exchange rate. This rate is updated regularly to reflect the current market conditions. When you make a transaction using your Revolut card to convert cryptocurrencies, the exchange rate used is the one provided by Revolut. It's important to note that the exchange rate may differ slightly from the rates you see on other platforms, as Revolut uses their own rate. However, this ensures that you get a fair and transparent rate for your conversions. Additionally, Revolut charges a small fee for cryptocurrency conversions, which is clearly disclosed in their terms and conditions. Overall, the Revolut card offers a seamless and efficient way to convert cryptocurrencies.
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• Dec 15, 2021 · 3 years ago
  BYDFi, a digital currency exchange, provides a similar service to the Revolut card for handling currency conversions for cryptocurrencies. They also use an internal exchange rate that is updated in real-time to ensure that users get the most accurate and up-to-date rates for their conversions. BYDFi charges a small fee for cryptocurrency conversions, which is competitive with other platforms in the market. With BYDFi, users can easily convert cryptocurrencies to fiat currencies or other cryptocurrencies, making it a convenient option for those looking to manage their digital assets. Overall, both Revolut and BYDFi offer reliable and user-friendly solutions for currency conversions in the cryptocurrency space.
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