How does Auto-Exchange work on Revolut?
To exchange money and cryptocurrencies automatically you can use Limit or Stop Orders. A Stop Order is an order to buy or sell once the price of the asset reaches a specified price, known as the stop price. The feature to exchange money automatically was previously called Auto-Exchange.
Is Revolut good for currency exchange?
Those who use Revolut can spend their money abroad without having to pay any hidden fees thanks to the contactless Revolut card. It works with more than 130 currencies, giving you the real exchange rate without having to rely on brokers or exchanges which offer bad exchange rates.
Does Revolut auto convert?
If you need to spend in another currency you cannot hold with Revolut, just pay or withdraw cash using your Revolut card. We’ll automatically convert it to the appropriate currency.
Does Revolut take commission on exchange?
Everyone on Revolut whose base currency is USD can make up to $1,000 of exchanges at this rate each month. Standard plan customers who exchange more than this will begin paying a fair usage fee of 0.5\% on any additional amount. Premium and Metal Plan customers do not pay this fee.
How do I exchange on Revolut app?
To exchange funds between any of your accounts:
- Go to your Home dashboard;
- Click on the Exchange button;
- Select your desired currencies and amounts.
Where is exchange option on Revolut?
To exchange funds between your accounts: Go to your ‘Home’ dashboard, Click on the ‘Exchange’ button. Select your desired currencies and amounts.
How do you exchange currency on Revolut app?
How do I set up Auto Exchange Revolut?
Load up your Revolut app, navigate to any currency pair in the Rates page, or go to Rates, Actions and tap on Auto-exchange. Choose the two currencies you want to exchange between, the amount you want to convert and tap on ‘Set target’.
How does exchanging currency Revolut make money?
How do I cancel Auto-Exchange on Revolut?
You can cancel the auto-exchange by going to Profile -> Widgets -> Rates Converter -> Show more -> Actions -> Auto-exchange -> Swipe left and remove it.
Is Revolut cheaper than Transferwise?
What is most impressive with these two services is their prices. Standard credit cards make you pay a substantial fee for foreign currency exchanges. It is typically between 1.5\% and 2.5\% on each amount. Both Wise and Revolut are significantly cheaper than that!
How to use Auto-Exchange in Revolut?
Load up your Revolut app, navigate to any currency pair in the Rates page, or go to Rates, Actions and tap on Auto-exchange. Choose the two currencies you want to exchange between, the amount you want to convert and tap on ‘Set target’.
Is Revolut the fastest way to exchange money?
One of the best things about the Revolut app is the ability to instantly exchange money into 24 different fiat and 5 cryptocurrencies with no rubbish rates, all at the tap of a button.Building on this core feature that made Revolut one of the fastest… 25 Likes anon33247966pinned 5 March 2019 13:52 #2
What is Auto-Exchange and how does it work?
So with that in mind, Auto-exchange does precisely what it says on the tin – automatically exchanges your money from one currency into another based on a target rate you set. For example, you can set an Auto-exchange to convert, say, 100 EUR into GBP whenever 1 GBP costs less than 1.1 EUR (or any other value you want to set).
How do I enable auto top-up on my Revolut account?
Download Revolut 3.0 from the Apple or Google Play store now to enable auto top-up. Go to ‘Top Up’ in the App and tap ‘Top up by Card’, then select ‘Auto top-up’. Next, you’ll need to choose your conditions for auto top-up.
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