Originally published on: November 13, 2024
Popular neobank Revolut is making waves in the cryptocurrency world with the expansion of its crypto exchange, Revolut X, into 30 new markets throughout Europe. This move extends the reach of Revolut X to all 30 countries in the European Economic Area (EEA), including Belgium, Cyprus, Denmark, and more.
Revolut X is designed for professional crypto traders and now allows eligible customers in the EEA to trade over 200 cryptocurrencies and tokens using their Revolut bank accounts. This expansion follows the successful launch of the exchange in the United Kingdom earlier this year.
The exchange, tailored for both seasoned traders and retail customers, offers advanced features and zero fees for maker orders. Taker orders, which are executed instantly, incur a fee of 0.09%, regardless of the trading volume.
Revolut X provides real-time trading, advanced analytics, TradingView monitoring tools, and round-the-clock customer support.
With a focus on security, Revolut X keeps the majority of funds in cold storage and utilizes market-leading risk monitoring tools to prevent unauthorized access. The platform conducts thorough due diligence when selecting custodians to ensure the safety of users’ assets.
This latest expansion into Europe solidifies Revolut’s commitment to the crypto industry and serves as a significant step in providing a competitive alternative to established trading platforms. Leonid Bashlykov, Revolut’s head of crypto exchange products, expressed excitement about the impact Revolut X will have in the crypto trading space.
Revolut’s expansion of its crypto exchange aligns with its recent feature, Revolut Ramp, which enables users to purchase cryptocurrency directly into their wallets through partnerships with platforms like MetaMask and Ledger.
If you’re looking to enhance your crypto trading experience, Revolut X may be the solution you’ve been waiting for. Keep an eye on Revolut as they continue to make strides in the cryptocurrency market with innovative features and improvements to benefit their customers.
