Revolut Expands Crypto Exchange to 30 Markets in Europe
Revolut X, the cryptocurrency exchange platform from neobank Revolut, has expanded into 30 new markets across the European Economic Area (EEA). This rollout comes after the platform’s initial launch in the United Kingdom in May, where it was tailored for professional crypto traders.
Revolut X Targets EEA Customers
Revolut X is now accessible to customers in all 30 EEA countries, including Belgium, Cyprus, and Denmark, the company announced on Nov. 13. With this expansion, eligible users can trade over 200 cryptocurrencies and tokens through their Revolut accounts.
This development builds on Revolut’s success in the UK, where the exchange was designed to cater to experienced traders but also supports retail customers. Revolut X offers advanced features for seasoned traders, such as real-time trading, analytics, and TradingView tools.
Pricing and Accessibility
Revolut X maintains competitive pricing, charging zero fees for maker orders and 0.09% for taker orders, regardless of trading volume. Customers in the EEA and the UK can access Revolut X through their Revolut accounts.
The platform also prioritizes security, keeping most funds in cold storage and employing advanced risk monitoring tools to prevent account takeovers. Revolut collaborates with trusted custodians selected through a rigorous due diligence process.
Expanding Crypto Services
This move underscores Revolut’s commitment to the cryptocurrency space following the successful launch of Revolut Ramp, a feature that allows traders to buy cryptocurrencies directly in their wallets via integrations with platforms like MetaMask and Ledger.
Leonid Bashlykov, Revolut’s head of crypto exchange products, expressed the company’s vision:
“With the expansion of Revolut X, we aim to make a significant impact in the crypto trading space and provide a strong alternative to established platforms. Crypto aligns with Revolut’s mission to enable banking without borders and promote financial freedom.”
This expansion strengthens Revolut’s position as a key player in the evolving cryptocurrency market, offering innovative solutions to both professional and retail traders.
