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“Crypto users are so active and such high spenders that a million devices with active crypto users is a better distribution channel for developers than the general-purpose internet.” - Seeker szn

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Seeker | Solana Mobile

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77,389 views • 9 months ago •via X (Twitter)

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Lower fees don’t drive adoption in perps - better product does. As an ex-Head of Crypto Ops at Revolut, rf.extended has seen this play out at scale. Revolut’s crypto fees were 10x higher than major CEX fees - yet it still had: - 10M+ crypto users (about 20% of the entire Revolut user base) - 1M+ monthly active crypto users
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Lower fees don’t drive adoption in perps - better product does. As an ex-Head of Crypto Ops at Revolut, rf.extended has seen this play out at scale. Revolut’s crypto fees were 10x higher than major CEX fees - yet it still had: - 10M+ crypto users (about 20% of the entire Revolut user base) - 1M+ monthly active crypto users

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