Revolut slashes crypto trading fees by 20% starting October 2022
Revolut has acquired regulatory authorization to provide cryptocurrency services to its 17 million customers in Europe and announced the bank has ambitions to expand its crypto workforce on the continent. On September 1, Revolut announced to its customer through email that as of October 3, 2022, it will change its fees for “buying and selling crypto from 2.50% to 1.99% or EUR 0.99, whichever is higher.”
The drop in crypto trading prices represents a decrease of 20.4%; whether this is due to the volatility in the crypto market remains to be seen as, despite the vast correction that occurred in 2022, the bank has reported a customer interest in acquiring knowledge about cryptocurrencies. Indeed, Revolut announced in August that its crypto learning platform has attracted about 1.5 million users a month after launching. The ‘Learn & Earn’ learners have utilized the platform.
Source
https://t.me/CryptoMarketUpdates
