What are the fees associated with using a Revolut card for buying and selling cryptocurrencies?
Mohammed Affan R ShaikhsurabDec 15, 2021 · 3 years ago3 answers
Can you provide a detailed explanation of the fees associated with using a Revolut card for buying and selling cryptocurrencies? I am interested in understanding the costs involved before using this service.
3 answers
- Dec 15, 2021 · 3 years agoCertainly! When using a Revolut card for buying and selling cryptocurrencies, there are a few fees to consider. Firstly, Revolut charges a 2.5% markup on the exchange rate for cryptocurrency transactions. This means that the rate you see on Revolut may not be the same as the market rate. Additionally, there may be fees for certain types of transactions, such as sending cryptocurrencies to external wallets. It's important to check the Revolut app or website for the most up-to-date fee information before making any transactions.
- Dec 15, 2021 · 3 years agoUsing a Revolut card for buying and selling cryptocurrencies comes with some fees. Revolut charges a 2.5% markup on the exchange rate, which means you may not get the exact market rate. There may also be fees for certain transactions, like sending cryptocurrencies to external wallets. Make sure to check the latest fee information on the Revolut app or website to avoid any surprises.
- Dec 15, 2021 · 3 years agoWhen it comes to using a Revolut card for buying and selling cryptocurrencies, there are a few fees to be aware of. Revolut applies a 2.5% markup on the exchange rate for cryptocurrency transactions, which means you may not get the same rate as the market. Additionally, there may be fees for specific types of transactions, such as sending cryptocurrencies to external wallets. It's always a good idea to review the fee information on the Revolut app or website before making any cryptocurrency transactions.
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