Crypto Broker Fees

Cryptocurrency News and Public Mining Pools

Crypto Broker Fees

Hello all, I’m fairly seasoned in the basics of traditional investing and decided it’s time to start exploring a little bit of crypto as part of the portfolio – I am totally aware of the risk and volatility and plan to DCA in and hold long term.

My question is regarding fees. I live in the UK and as a newbie not familiar really with how to buy/invest in crypto, I’ve used the option to do so from within my existing Revolut account. Already I can see how much money is going to be wasted in their fees doing DCA – £1.99 fixed fee or 1.49%, whichever is higher depending on the amount being invested. So if putting £50 in, they take £1.49 which is a lot, a crazy amount if this is going to be a regular thing.

So, are there any recommendations for how I can continue investing but elsewhere where I’m not getting stung on these fees?

submitted by /u/Specialist-Wish6285
[link] [comments]