What are the fees associated with using a Revolut card for cryptocurrency transactions?

5 answers

• Dec 15, 2021 · 3 years ago
  When it comes to using a Revolut card for cryptocurrency transactions, there are a few fees that you should be aware of. First, there is a 1.5% fee for buying or selling cryptocurrencies on the Revolut platform. This fee is applied to the total transaction amount. Additionally, there may be fees associated with transferring cryptocurrencies to external wallets. These fees can vary depending on the specific cryptocurrency and the network fees at the time of the transaction. It's important to note that Revolut may also charge a markup on the exchange rate when converting between different cryptocurrencies or fiat currencies. This markup can range from 0.5% to 2% depending on the currency pair. Overall, it's essential to review the fee schedule provided by Revolut to understand the exact fees associated with using their card for cryptocurrency transactions.
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• Dec 15, 2021 · 3 years ago
  Alright, let's talk about the fees that come with using a Revolut card for cryptocurrency transactions. First off, there's a 1.5% fee for buying or selling cryptocurrencies on the Revolut platform. This fee is calculated based on the total transaction amount. On top of that, if you decide to transfer your cryptocurrencies to an external wallet, there might be additional fees involved. These fees can vary depending on the specific cryptocurrency and the network fees at the time of the transfer. Oh, and don't forget about the exchange rate markup. Revolut might charge a markup of 0.5% to 2% when converting between different cryptocurrencies or fiat currencies. So, make sure to check out Revolut's fee schedule to get the full picture.
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• Dec 15, 2021 · 3 years ago
  When it comes to using a Revolut card for cryptocurrency transactions, you'll encounter a few fees. Revolut charges a 1.5% fee for buying or selling cryptocurrencies on their platform. This fee is calculated based on the total transaction amount. If you decide to transfer your cryptocurrencies to an external wallet, there may be additional fees involved. These fees can vary depending on the specific cryptocurrency and the network fees at the time of the transfer. It's important to note that Revolut also applies a markup on the exchange rate when converting between different cryptocurrencies or fiat currencies. The markup can range from 0.5% to 2% depending on the currency pair. To get a complete understanding of the fees associated with using a Revolut card for cryptocurrency transactions, I recommend reviewing Revolut's fee schedule.
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• Dec 15, 2021 · 3 years ago
  As an expert in the field, I can tell you that using a Revolut card for cryptocurrency transactions comes with a few fees. Revolut charges a 1.5% fee for buying or selling cryptocurrencies on their platform. This fee is calculated based on the total transaction amount. If you decide to transfer your cryptocurrencies to an external wallet, there may be additional fees involved. These fees can vary depending on the specific cryptocurrency and the network fees at the time of the transfer. It's worth mentioning that Revolut also applies a markup on the exchange rate when converting between different cryptocurrencies or fiat currencies. The markup can range from 0.5% to 2% depending on the currency pair. To get a complete breakdown of the fees, I suggest checking out Revolut's fee schedule.
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• Dec 15, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, offers a comprehensive fee structure for using a Revolut card for cryptocurrency transactions. When buying or selling cryptocurrencies on the Revolut platform, a 1.5% fee is applied to the total transaction amount. This fee is calculated based on the current market price of the cryptocurrency. Additionally, if you decide to transfer your cryptocurrencies to an external wallet, there may be network fees involved. These fees can vary depending on the specific cryptocurrency and the network congestion at the time of the transfer. It's important to note that Revolut also applies a markup on the exchange rate when converting between different cryptocurrencies or fiat currencies. The markup can range from 0.5% to 2% depending on the currency pair. For a detailed breakdown of the fees associated with using a Revolut card for cryptocurrency transactions, please refer to BYDFi's fee schedule.
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