Revolut Expands Revolut X Crypto Exchange Across Europe

Revolut X, a stand-alone cryptocurrency trading app, is now available to users across the European Union, according to London-based digital banking behemoth Revolut. Revolut X, which was first released in the UK in May, caters to experienced cryptocurrency traders by providing a wide range of capabilities beyond the basic buy-and-sell choices found in the original Revolut app. Customers in 30 European nations can now access more than 200 cryptocurrency tokens through this extension, utilizing the app’s top-notch capabilities and features.

Revolut, which serves over 40 million customers globally, aims to make Revolut X a versatile platform suited to both novice and experienced crypto traders. “Revolut X’s expansion is a key milestone in the global financial app’s ambition to become the go-to trading platform for crypto beginners and pros alike,” a recent press release announced. According to Leonid Bashlykoc, Revolut’s head of product, experienced traders have responded positively to the app. “The feedback from experienced traders has been very positive, with many already taking advantage of our near-zero fees, wide range of available assets, and seamless integration with their Revolut accounts,” Bashlykoc shared.

Low Fees and a Compliance-First Approach

Revolut X has garnered tens of thousands of users in the UK, thanks in part to its competitively low fees, charging zero to the maker and only 0.09% to the taker. This pricing model, along with a vast selection of tokens, makes it an appealing choice for active traders seeking cost-efficient transactions and convenient access to diverse crypto assets.

In addition to expanding access to crypto trading, Revolut is committed to building a secure and compliant environment for its users. As a crypto-friendly bank, it emphasizes a compliance-first strategy to attract and retain traders. Recently, Revolut revealed plans to introduce its own stablecoin, further strengthening its position in the crypto industry.

With Revolut X now available across Europe, Revolut continues to establish itself as a comprehensive financial app for both crypto enthusiasts and casual traders, providing ease of access, low fees, and a growing list of services. This latest move represents a step closer to Revolut’s goal of becoming a leading platform in the global crypto market.