Revolut to Introduce Crypto Exchange Targeting Advanced Traders!
Key Points:
- Revolut is launching an advanced trader-centric crypto exchange, offering lower fees and robust analytics.
- The platform promises a fee range of 0% to 0.09%, introduces limit and market orders, with no fees on limit orders.
- After halting crypto services for UK business customers, Revolut now targets advanced traders with enhanced tools.
Revolut is gearing up to launch a cryptocurrency exchange tailored for “advanced traders”.
Currently providing basic crypto services to its extensive user base of 30 million customers, Revolut‘s new exchange is poised to offer a more sophisticated platform with reduced fees and advanced market analytics.
The email, inviting customers to test the upcoming platform, emphasized the exchange’s focus on advanced traders, promising a suite of deeper analytical tools and lower fees compared to the existing app.
Revolut Revolutionizes Trading with Advanced Crypto Exchange for Pro Investors
Fees for the new exchange will range from 0% to 0.09%, and users will enjoy added functionality allowing them to execute trades using both limit and market orders. Notably, limit orders, a tool often favored by seasoned traders for executing transactions at specific prices, will be fee-free.
This strategic move by Revolut follows its suspension of crypto services for business customers in the U.K. last December, citing compliance with the Financial Conduct Authority’s (FCA) new regulations governing crypto promotions. The customer email in question was received by a U.K.-based customer, indicating the initial target market for this new offering.
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Revolut Targets Advanced Traders with New Crypto Exchange
In a bid to further diversify its crypto offerings, Revolut has also recently disclosed plans to list BONK, Solana’s notable meme coin, as part of a unique “learn and earn” campaign. This initiative aims to distribute BONK tokens to select Revolut customers, showcasing the platform’s commitment to providing engaging and educational experiences within the cryptocurrency space.
Revolut’s foray into a specialized crypto exchange for advanced traders signals a bold step toward catering to the evolving needs of its user base, promising enhanced tools and cost-effective trading options in the fast-paced world of digital assets.
