What are the fees associated with using the Revolut Gold Card for trading cryptocurrencies?
Kyaw ZinooDec 17, 2021 · 3 years ago1 answers
Can you please provide a detailed description of the fees associated with using the Revolut Gold Card for trading cryptocurrencies? I would like to know the specific charges and costs involved in using this card for cryptocurrency trading.
1 answers
- Dec 17, 2021 · 3 years agoAs a user of the Revolut Gold Card for trading cryptocurrencies, you will encounter a few fees. The transaction fee for each cryptocurrency trade is 1.5%. This fee is charged on the total value of the transaction, so the more you trade, the higher the fee. Additionally, there may be a spread fee, which is the difference between the buying and selling prices of the cryptocurrency. This fee can vary depending on market conditions and liquidity. Lastly, if you choose to withdraw your cryptocurrency to an external wallet, there may be a network fee associated with the transaction. These fees are important to consider when using the Revolut Gold Card for cryptocurrency trading, as they can impact your overall profitability.
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