Revolut launches cryptocurrency exchange

The British fintech company Revolut has announced the completion of the beta testing phase of its own cryptocurrency trading platform aimed at «advanced» crypto traders. The CoinDesk publication, citing its own sources, reports that Revolut is preparing to offer its own digital asset trading platform to the crypto market in the near future.

«We are launching a new cryptocurrency exchange designed for experienced traders, where you will find lower fees and more advanced analytical tools than the Revolut app,» the company said.

According to the announcement, users of the platform will be able to count on reduced trading fees of 0−0.09% when buying and selling crypto assets.

In addition, traders will have access to advanced analytics and limit orders, which will allow them to make purchases at predefined price parameters.

In December last year, Revolut announced that under pressure from the Financial Conduct Authority (FCA), it was forced to temporarily suspend services to corporate business clients from the UK.