Revolut reduces fees for trading digital assets
Revolut reduces fees for trading digital assets
A British fintech company and neobank, Revolut, has revised some of its cryptocurrency transaction fees.
The decision to reduce fees came after the neobank reviewed feedback from its clients, which indicated the company's goals to provide a competitive trading environment for its users.
"We've been listening to your feedback and have decided to update our fee structure," Revolut said in a statement.
According to information published on The Block website, cryptocurrency trading fees for users of Standard and Plus accounts will be reduced from 1.99% to 1.49%, and for clients with Premium and Metal accounts, the fee rate will drop from 1.49% to 0.99%.
Earlier, we reported that the number of Revolut clients had exceeded 30 million.
Founded in 2015, Revolut offers shares of more than 800 American and international companies, cryptocurrencies, and precious metals for investment. The company guarantees the security of transactions in the app, which is accessed with a fingerprint. The Sherlock anti-fraud system is used to warn of suspicious transactions on the client's account.
