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Nubank Lowers Cryptocurrency Trading Fees

Nubank, a fintech company focused on Latin America, has announced a reduction in its cryptocurrency trading fees, lowering them from 0.8% to 0.6% per transaction. The platform offers trading of 15 different cryptocurrencies, including popular ones like Bitcoin, Ether, Solana, and USDC stablecoin. Nubank has been gradually lowering its fees since last year when it charged 1.6% per transaction. The company charges users differently based on their trading volume over a certain period, but the reduced 0.6% fee is available for most customers. This move follows Nubank's decision to end trading for its nucoin token and repurpose it for an in-house rewards system.

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