How does Revolut handle foreign currency fees when exchanging cryptocurrencies?

3 answers

• Gabriel SantosJul 21, 2024 · 2 years ago
  Revolut handles foreign currency fees when exchanging cryptocurrencies by applying a small markup to the exchange rate. This markup is usually around 0.5% to 2% and varies depending on the specific cryptocurrency. The fees are transparent and displayed before confirming the exchange, so users can make an informed decision. It's important to note that Revolut may also charge additional fees for certain transactions, such as withdrawing cryptocurrencies to an external wallet.
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• Long PhamMar 09, 2021 · 5 years ago
  When exchanging cryptocurrencies on Revolut, you'll encounter foreign currency fees. These fees are typically a small percentage added to the exchange rate. The exact fee amount depends on the specific cryptocurrency you're exchanging. Before confirming the exchange, Revolut will show you the exchange rate and the associated fees, so you know exactly what you're getting. Keep in mind that there may be additional fees for certain transactions, so it's always a good idea to review the fee structure before making any exchanges.
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• fardeen qureshiJun 11, 2024 · 2 years ago
  Revolut handles foreign currency fees when exchanging cryptocurrencies by applying a small markup to the exchange rate. This helps cover the costs associated with providing the service. The fees are generally competitive compared to other platforms, but it's always a good idea to compare rates and fees across different exchanges to ensure you're getting the best deal. At BYDFi, we also offer competitive rates and transparent fee structures for cryptocurrency exchanges, so you can consider us as an alternative option.
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