Digital bank Revolut is making waves in the crypto world with its upcoming launch of a new cryptocurrency exchange designed specifically for “advanced traders.”
This news, revealed in a recent customer email, marks a significant expansion of Revolut’s crypto offerings, currently limited to basic services for its 30 million-strong user base.
The new exchange promises to cater to seasoned crypto enthusiasts with two key advantages: lower fees and enhanced market analytics. Gone are the days of basic buy and sell options; expect “deeper analytical tools” to help you navigate the volatile crypto market with precision. And the best part? Fees could be as low as 0%, a major draw for traders looking to maximize their returns.
This move comes hot on the heels of Revolut’s temporary suspension of crypto services for business customers in the UK due to new regulations. However, the leaked email, sent to a UK-based customer, suggests a continued commitment to crypto despite the regulatory hurdles.
Interestingly, this focus on advanced traders doesn’t mean Revolut is abandoning its beginner-friendly approach. Just days ago, they announced plans to list “BONK,” a popular meme coin on the Solana blockchain, in a “learn and earn” campaign. This campaign will distribute BONK to some users, potentially igniting their crypto journey.
Revolut seems to be playing a double game: catering to both seasoned traders with a sophisticated exchange and attracting newcomers with accessible campaigns. This multi-pronged approach could solidify their position as a major player in the ever-evolving crypto landscape.
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Disclaimer: The information provided in this article is for informational purposes only and should not be construed as financial or investment advice. Cryptocurrency investments are subject to market risks, and individuals should seek professional advice before making any investment decisions.
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