Revolut, a British fintech firm, recently completed beta testing for its own cryptocurrency trading platform, targeting experienced crypto traders. CoinDesk, citing reliable sources, revealed that Revolut plans to launch its own platform for trading digital assets in the near future.
“We are excited to introduce a cryptocurrency exchange tailored for seasoned traders, offering lower fees and advanced analytics tools compared to the Revolut app,” stated the company.
The platform will provide users with reduced trading fees ranging from 0% to 0.09% when buying and selling cryptocurrencies. Additionally, traders will have access to advanced analytics and limit orders, enabling them to execute purchases within predetermined price parameters.
Meanwhile, in December, Revolut temporarily halted its services to UK corporate business clients due to regulatory pressures from the Financial Conduct Authority (FCA).
Eleanor Ashworth is editor-in-chief at BTCNews. A Cambridge-trained journalist with 18 years across the Financial Times, Reuters and the Telegraph, she joined the crypto beat in 2017 after covering the Bank of England and HM Treasury. She holds the SABEW Best in Business award (2022) and was shortlisted for the British Journalism Awards (2023). At BTCNews she sets the editorial line for Bitcoin and macro markets coverage, with a focus on institutional adoption, regulation and central-bank policy. Based in London.