- Revolut has added Binance Coin (BNB) to its platform, expanding its crypto offerings.
- Changpeng Zhao (CZ) of Binance expressed his satisfaction with the listing on X.
- BNB is currently trading at $640, down by 8% over the past 24 hours.
Revolut, Europe’s largest fintech unicorn with over 40 million users globally, added Binance Coin (BNB) to its platform. BNB is the fifth-biggest cryptocurrency by market cap.
Revolut’s cryptocurrency offerings already include popular assets like Bitcoin (BTC), Ethereum (ETH), and XRP. This addition expands its offerings even more.
Notably, the news was revealed by Changpeng Zhao (CZ) , founder of the world’s largest crypto exchange, Binance, who took to X (formerly Twitter) to express his satisfaction with the move. “I just learned that Revolut has listed BNB. I didn’t know about it until a few minutes ago,” CZ said.
Furthermore, Zhao described the development as an indication that the BNB Chain ecosystem is growing.
This new listing improves Revolut’s position in the crypto market, especially because its integrated trading platform, Revolut X, is attracting users.
Revolut Entering Crypto Trading Market
Revolut launched Revolut X, a crypto trading platform designed for professional traders, on May 7. Revolut X aims to compete with leading exchanges by offering smooth transitions into and out of crypto positions alongside competitive fees.
The platform charges a zero maker fee and a 0.09% taker fee, regardless of trade size. It offers real-time trading and advanced analytics, including TradingView charts with various market tracking tools and technical indicators.
With BNB now available for trading, Revolut users gain access to yet another prominent cryptocurrency. The move also underscores the growing popularity of Binance Coin. However, amid the ongoing bearish trend in the market, BNB’s price has not significantly reflected this development. BNB is currently trading at $640, down by 8% over the past 24 hours.
Notably, Revolut started in the crypto space in 2017 and let users buy, hold, and exchange digital currencies. By May 2018, it expanded its offerings to include XRP and Bitcoin Cash (BCH).
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