Nubank Lowers Cryptocurrency Trading Fees

Nubank, the Latam-focused fintech company, recently lowered its cryptocurrency trading fees from 0.8% to 0.6% for each transaction completed. The platform allows for purchasing and selling 15 different cryptocurrencies, including bitcoin (BTC), ether (ETH), solana (SOL), and the USDC stablecoin, among others. Nubank has been lowering its trading rates since last year when it charged 1.6% for each transaction. The organization disclosed that it charges users differently according to the volume traded over a determined period, but that the 0.6% fee was available for most customers. The measure comes after Nubank ended trading for its nucoin token last month, repurposing it for an in-house rewards system.