What are the charges for using Revolut with cryptocurrencies?
MarmikDec 17, 2021 · 3 years ago3 answers
Can you please provide more details about the charges associated with using Revolut for cryptocurrency transactions?
3 answers
- Dec 17, 2021 · 3 years agoWhen using Revolut for cryptocurrency transactions, there are a few charges to be aware of. Firstly, there is a 1.5% markup on the exchange rate for cryptocurrency transactions. This means that you may not get the exact market rate when buying or selling cryptocurrencies. Additionally, there may be fees for certain types of transactions, such as sending or receiving cryptocurrencies to external wallets. It's important to check the Revolut app or website for the most up-to-date information on charges and fees.
- Dec 17, 2021 · 3 years agoRevolut charges a 1.5% markup on the exchange rate for cryptocurrency transactions. This means that if you buy or sell cryptocurrencies through Revolut, you may not get the exact market rate. In addition to the markup, there may be fees for certain types of transactions, such as sending or receiving cryptocurrencies to external wallets. It's always a good idea to review the terms and conditions on the Revolut app or website to understand the specific charges and fees associated with using Revolut for cryptocurrencies.
- Dec 17, 2021 · 3 years agoWhen it comes to using Revolut for cryptocurrencies, there are a few charges to keep in mind. Revolut applies a 1.5% markup on the exchange rate for cryptocurrency transactions, which means you may not get the exact market rate. Additionally, there may be fees for certain types of transactions, such as sending or receiving cryptocurrencies to external wallets. It's important to note that these charges and fees can vary, so it's best to check the Revolut app or website for the most accurate and up-to-date information.
Related Tags
Hot Questions
- 69
What is the future of blockchain technology?
- 67
How can I buy Bitcoin with a credit card?
- 66
What are the advantages of using cryptocurrency for online transactions?
- 61
Are there any special tax rules for crypto investors?
- 55
What are the tax implications of using cryptocurrency?
- 52
How can I protect my digital assets from hackers?
- 28
How can I minimize my tax liability when dealing with cryptocurrencies?
- 25
What are the best practices for reporting cryptocurrency on my taxes?