What are the fees associated with sending money through Revolut in the world of cryptocurrencies?

1 answers

• Dec 18, 2021 · 3 years ago
  Sending money through Revolut in the world of cryptocurrencies involves certain fees. Firstly, there is a conversion fee when converting fiat currency to cryptocurrencies. This fee is typically a small percentage of the transaction amount and is charged by Revolut. Additionally, there may be network fees associated with the specific cryptocurrency being sent. These fees are determined by the blockchain network and can vary depending on network congestion and other factors. It's important to note that Revolut does not control these network fees. Lastly, if you choose to withdraw your cryptocurrencies to an external wallet, Revolut may charge a withdrawal fee. This fee is usually a fixed amount and varies depending on the cryptocurrency. It's advisable to check Revolut's fee schedule for the most accurate and up-to-date information.
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