Cryptos are pretty Expensive on Revolut


#1

Hey guys,

I noticed that there are hidden charges on Revolut when buying Cryptos. There’s a one off fee, but also the buying price is higher than the market price. It would be great if this can be shown to the user and explained!


#2

Read this:


Especially this:

You can find information in here too.


#3

Hi there.

Our prices are streamed from the bid/ask prices quoted in realtime by the exchanges we use. They are computed as a Volume Weighted Average Price to which a 1.5% fee is added.

You can read about our crypto rates on our blog post here: bit.ly/2Cugk8w


#4

Revolut earns double commissions on cryptos.
First, you earn from the spread that is difference in the buying and selling quote price at any particular time (Trading 212 model).
Secondly you charge a fee also on top of that.