Share this article
Revolut to Introduce Crypto Exchange Targeting 'Advanced Traders'
The platform will feature deeper analytics and lower fees than the digital bank's app.
Updated Mar 8, 2024, 9:42 p.m. Published Feb 16, 2024, 3:43 p.m.
Make us preferred on Google
- Digital bank Revolut is testing a beta version of a cryptocurrency exchange targeted at "advanced traders."
- The exchange will offer lower fees than trading through the Revolut app alongside enhanced market analytics.
Digital bank Revolut is set to introduce a cryptocurrency exchange targeting "advanced traders," according to a customer email seen by CoinDesk.
Revolut currently offers basic crypto services to many of its 30 million customers. The exchange will offer lower fees and enhanced market analytics.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
"We're launching a new crypto exchange, built with advanced traders in mind," the email, which asked the customer to test the new platform, read. "You'll find deeper analytical tools and lower fees than the app."
Fees have been 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 purchase or sell an asset at a specific price. Limit orders will incur no fees.
"We always develop new products and functionalities, desired by our customers or asked by the market," a Revolut spokesperson told CoinDesk. "The standalone cryptocurrency exchange is one of the future developments, but more information will be released only when the product will be available in-app. Currently this product is accessible by invite only, we will be rolling this out and inviting more customers to take part."
Revolut suspended crypto services for business customers in the U.K. in December, citing the Financial Conduct Authority's (FCA) new regulations covering crypto promotions. The email seen by CoinDesk was received by a U.K.-based customer.
Earlier this week, it emerged that Revolut plans to list Solana's biggest meme coin, BONK, in a "learn and earn" campaign that will see the distribution of BONK to some of its customers.
UPDATE (Feb. 19, 07:31 UTC): Adds comment from Revolut.
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
How the ultra-wealthy are using bitcoin to fund their yacht upgrades and Cannes trips
Cometh founder Jerome de Tychey is applying DeFi lending and borrowing on platforms like Aave, Morpho, and Uniswap to structures that help the ultra-wealthy secure loans against their massive crypto fortunes.
What to know:
- Wealthy investors who hold much of their fortune in crypto are increasingly turning to decentralized finance platforms to secure flexible credit lines without selling their digital assets.
- Firms like Cometh help family offices and other rich clients navigate complex DeFi tools, using assets such as bitcoin, ether and stablecoins to replicate traditional Lombard-style collateralized loans.
- DeFi loans can be faster and more anonymous than traditional bank credit but carry volatility and liquidation risks, and Cometh is also experimenting with applying DeFi strategies to traditional securities via ISIN-based tokenization.
Top Stories
