Revolut Inquires to Launch an Ever-Advancing Crypto Exchange, Speculates Memecoin BONK

By: Eliza Bennet

Digital bank Revolut is anticipating to bring forth an improved crypto exchange, mainly built with advanced traders in its purview. Evidently, the speculated exchange is to offer deeper analytical tools, in addition to incorporating comparatively lower fees than those of Revolut's flag-carrying app.

As for the fees, the range is likely to fall between 0% and 0.09%, thereby excluding cost from limit orders. However, the application of such rates to current or forthcoming services remains undetermined.

Previously, the UK-based bank had scaled down access to UK business' crypto services in December 2023 and completely suspended the US access to crypto services in the following year owing to regulatory changes in the respective jurisdictions.

Alongside, there is a buzz about Revolut potentially listing Solana's memecoin BONK as part of a multi-million dollar 'learn and earn' campaign. The campaign coincides with a contemporary proposal by BONK's community, mentioning a tie-up with “a colossal European fintech firm” without explicitly naming Revolut.