Revolut, the digital banking platform, is on the brink of launching an exclusive cryptocurrency exchange designed to cater to seasoned traders, as revealed in a recent email obtained by CoinDesk.
With over 30 million users worldwide, Revolut has become a significant player in the realm of digital finance. The forthcoming exchange aims to offer a sophisticated trading experience with reduced fees and advanced market analysis tools.
The email invites select customers to explore the platform, highlighting its tailored features for experienced traders. It promises a suite of comprehensive analytics tools and more competitive fee structures compared to the existing app.
Transaction fees for the exchange range from 0% to 0.09%, with support for both limit and spot orders. Notably, limited orders, favored by traders seeking to execute trades at specific prices, will be exempt from fees.
In December, Revolut temporarily suspended crypto services for its UK business clients. This action was due to regulatory changes imposed by the Financial Conduct Authority (FCA). Despite regulatory challenges, Revolut remains committed to enhancing its crypto offerings and expanding its market reach.
Furthermore, Revolut’s plans to list Solana’s popular meme coin, BONK, in a “learn and earn” campaign underscore its commitment to engaging its user base and exploring new opportunities in the crypto space.
As Revolut continues to innovate and adapt to evolving market trends, the introduction of a standalone cryptocurrency exchange represents a significant step forward. It aligns with its mission to empower users with accessible and advanced financial tools.
Stay tuned for further updates as Revolut prepares to revolutionize the crypto trading experience for advanced traders worldwide.
