Digital bank Revolut is set to offer a cryptocurrency exchange service targeting “advanced traders,” according to a client email seen by CoinDesk.
Revolut currently offers basic crypto services to many of its 30 million customers. The exchange will offer lower fees and improved market analysis.
“We are launching a new cryptocurrency exchange, designed with advanced traders in mind,” the email asking the client to test the new platform said. “You'll find deeper analytical tools and lower in-app fees.”
Fees are set between 0% and 0.09%, and functionality has been added to allow users to trade using limit and market orders. Limit orders are typically used when a trader wants to buy or sell an asset at a specific price. Limit orders will not incur any fees.
Revolut did not immediately respond to CoinDesk's request for comment.
