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What are the fees associated with using the Revolut app for buying and selling cryptocurrencies?

avatarAnmol SharmaDec 16, 2021 · 3 years ago3 answers

Can you provide a detailed explanation of the fees charged when using the Revolut app for buying and selling cryptocurrencies?

What are the fees associated with using the Revolut app for buying and selling cryptocurrencies?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    When using the Revolut app for buying and selling cryptocurrencies, you may encounter several types of fees. Firstly, there is a conversion fee of 1.5% for transactions made on weekends and a 0.5% fee for transactions made during weekdays. Additionally, there might be a spread fee, which is the difference between the buy and sell price of the cryptocurrency. It's important to note that the fees may vary depending on the specific cryptocurrency you are trading. To get the most accurate information about the fees, it's recommended to check the Revolut app or their official website.
  • avatarDec 16, 2021 · 3 years ago
    The fees associated with using the Revolut app for buying and selling cryptocurrencies are relatively low compared to other platforms. They charge a 1.5% fee for transactions made on weekends and a 0.5% fee for transactions made during weekdays. However, it's worth noting that there might be additional fees depending on the specific cryptocurrency you are trading. To get a complete understanding of the fees, it's best to refer to the Revolut app or their official website.
  • avatarDec 16, 2021 · 3 years ago
    When it comes to fees associated with using the Revolut app for buying and selling cryptocurrencies, it's important to consider the conversion fee and the spread fee. The conversion fee is 1.5% for transactions made on weekends and 0.5% for transactions made during weekdays. The spread fee, on the other hand, is the difference between the buy and sell price of the cryptocurrency. Keep in mind that these fees may vary depending on the specific cryptocurrency you are trading. For the most accurate and up-to-date information about the fees, it's recommended to refer to the Revolut app or their official website.