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What are the fees and charges associated with using Revolut standard plan for buying and selling cryptocurrencies?

avatarIiz DewiDec 15, 2021 · 3 years ago3 answers

Can you provide a detailed explanation of the fees and charges that are associated with using the Revolut standard plan for buying and selling cryptocurrencies?

What are the fees and charges associated with using Revolut standard plan for buying and selling cryptocurrencies?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    When using the Revolut standard plan for buying and selling cryptocurrencies, there are several fees and charges to be aware of. First, there is a 1.5% fee for each cryptocurrency transaction. Additionally, there may be fees associated with exchanging between different cryptocurrencies. It's important to note that these fees can vary depending on market conditions and the specific cryptocurrency being traded. It's always a good idea to check the latest fee schedule on the Revolut website before making any transactions.
  • avatarDec 15, 2021 · 3 years ago
    The fees and charges for using the Revolut standard plan for buying and selling cryptocurrencies can add up, so it's important to understand them before getting started. In addition to the 1.5% fee for each cryptocurrency transaction, there may be fees for exchanging between different cryptocurrencies. These fees can vary depending on market conditions and the specific cryptocurrencies being traded. It's also worth noting that there may be additional fees for certain types of transactions, such as sending cryptocurrencies to external wallets. To avoid any surprises, it's recommended to review the fee schedule on the Revolut website and consider these costs when planning your cryptocurrency transactions.
  • avatarDec 15, 2021 · 3 years ago
    When using the Revolut standard plan for buying and selling cryptocurrencies, you can expect to encounter fees and charges. For each cryptocurrency transaction, there is a 1.5% fee. This fee is applied to the total value of the transaction and is deducted from the amount of cryptocurrency you receive. Additionally, there may be fees for exchanging between different cryptocurrencies. These fees can vary depending on market conditions and the specific cryptocurrencies being traded. It's important to keep these fees in mind when considering using the Revolut standard plan for cryptocurrency transactions.