The post Revolut Has Plans To Launch Cutting-Edge Crypto Exchange appeared on BitcoinEthereumNews.com.

Revolut has revealed its plans to launch a crypto exchange with lower fees and BONK coin listing. A recent report has revealed that Revolut is setting up a crypto trading platform.  A customer email from the UK hints at this new service, designed for expert traders, offering “advanced analytical tools and reduced fees” compared to its existing app.  The trading costs will range from 0% to 0.09%, with no charge for limit orders, although it’s unclear if these fees are for the new or existing services.  Currently, Revolut applies a fixed fee of 0.99% to 1.99% for crypto transactions, based on the user’s plan. See Also: Circle Executive Wants The US Treasury Department To Probe Rival Company Tether, Is This Stablecoin Wars? This move comes after Revolut scaled back its crypto offerings in the UK and the US due to regulatory changes.  In December 2023, it limited crypto access for UK businesses and paused such services in the US in August 2023.  Revolut might add Solana’s BONK meme coin to its list, driven by a potential collaboration featuring a $1.2 million “learn and earn” initiative.  Although not named directly, a BONK community proposal matches Revolut’s profile, pointing to a likely partnership.  Despite a recent spike in its value, BONK has dropped 62% from its December high.  It faces criticism for its centralized distribution and lack of foundational documentation but has been picked up by major exchanges like Binance and Coinbase. Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.   #Binance #WRITE2EARN Source: https://bitcoinworld.co.in/watch-out-revolut-has-plans-to-launch-cutting-edge-crypto-exchange/

---

Filed under: News - @ February 20, 2024 12:16 am