Revolut bank, which closed its US operations in the past period, opened its cryptocurrency exchange. Customers of London-based companies were previously able to buy and sell cryptocurrencies through the bank’s application. However, Revolut announced earlier this year that it would establish its own exchange to compete with other cryptocurrency exchanges.

Revolut’s new cryptocurrency exchange will offer lower transaction fees. While the transaction fee for market interest makers (makers) will be zero, the transaction fee for market takers (takers) is determined as 0.09%.

In March, Revolut collaborated with MetaMask to introduce the Revolut Ramp product, which will enable users to buy cryptocurrencies more easily and quickly.

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