When withdrawing crypto, the only fee charged to you is the network fee. Revolut does not charge you a fee on top of this.
The minimum amount you can withdraw is £10 worth of crypto per withdrawal, before fees are applied.
The 'network fee' is a fee paid to cryptocurrency miners in return for processing your transaction on a given cryptocurrency blockchain (e.g. the Bitcoin blockchain). This fee is variable according to the speed of the transaction and the traffic on the network.
We show you an estimated network fee in the app before you confirm the transaction based on what we anticipate the fee to be for your transaction. The actual network fee paid by Revolut on your behalf may differ from this estimate, however, you will only ever be charged the amount we show you in the app.
Why is the network fee so high?
The fee is collected in order to process the transaction on the network. At times, network congestion, the size of the transaction or confirmation times can make the fee higher than usual.
Why network fee is not applied for crypto transfers within Revolut?
Transferring crypto from your Revolut account to another Revolut account does not involve a transaction on the blockchain (also known as an 'off-chain transfer'). Therefore, since there is no transaction on the blockchain, there is no network fee.