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What are the fees associated with crypto trading on Revolut?

avatarpavan kalyanDec 17, 2021 · 3 years ago3 answers

Can you please provide a detailed explanation of the fees associated with crypto trading on the Revolut platform? I would like to know the different types of fees, their amounts, and how they are calculated.

What are the fees associated with crypto trading on Revolut?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    When it comes to crypto trading on Revolut, there are a few fees you should be aware of. First, there is a 1.5% markup on the exchange rate for crypto transactions. This means that when you buy or sell cryptocurrencies, the price you see on Revolut will be slightly higher or lower than the market price. Additionally, there may be fees for certain types of transactions, such as sending or receiving cryptocurrencies to external wallets. These fees can vary depending on the specific cryptocurrency and the amount being transferred. It's important to check the Revolut app or website for the most up-to-date fee information before making any transactions.
  • avatarDec 17, 2021 · 3 years ago
    Crypto trading on Revolut comes with its fair share of fees. One of the main fees to consider is the 1.5% markup on the exchange rate. This means that when you buy or sell cryptocurrencies, you'll be paying a slightly higher or lower price compared to the market rate. On top of that, there may be additional fees for certain types of transactions, such as transferring cryptocurrencies to external wallets. These fees can vary depending on the specific cryptocurrency and the amount being transferred. It's always a good idea to check the Revolut app or website for the latest fee details before making any trades.
  • avatarDec 17, 2021 · 3 years ago
    When it comes to crypto trading on Revolut, it's important to understand the fees involved. Revolut charges a 1.5% markup on the exchange rate for crypto transactions. This means that when you buy or sell cryptocurrencies, you'll be paying a slightly higher or lower price compared to the market rate. In addition to the exchange rate markup, there may be fees for certain types of transactions, such as sending or receiving cryptocurrencies to external wallets. These fees can vary depending on the specific cryptocurrency and the amount being transferred. It's recommended to review the fee schedule on the Revolut app or website to get a clear understanding of the fees associated with crypto trading on the platform.