Revolut launches cryptocurrency exchange for experienced traders

British fintech company Revolut announced the completion of the beta testing phase of its own cryptocurrency trading platform, aimed at “advanced” crypto traders.

CoinDesk, citing its own sources, reports that Revolut is preparing to offer the crypto market its own platform for trading digital assets in the near future.

“We're launching a new cryptocurrency exchange designed for experienced traders, where you'll find lower fees and more advanced analytics tools than the Revolut app,” the company said..

The announcement states that platform users will be able to count on reduced trading commissions 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 predetermined price parameters.

Last December, British fintech company Revolut said that under pressure from the Financial Conduct Authority (FCA), it was forced to temporarily stop serving UK corporate business clients.