crypto

Revolut Launches Revolut X: A New Crypto Trading Platform with Minimal Fees

The Big Whale

07 May 2024 — 1 min read

Revolut, a global fintech company and neobank, has launched a new crypto trading platform called Revolut X. The platform aims to compete with major cryptocurrency exchanges by offering easy access and minimal fees. It allows users to convert fiat currencies to crypto and vice versa, with fixed fees of 0% for makers and 0.09% for takers. Initially, Revolut X will support trading for over 100 cryptocurrencies, including Bitcoin, Ether, and XRP, with plans to expand the selection in the future. The platform is available to all UK retail customers with a Revolut account, and users can trade directly between Revolut X and their Revolut accounts without additional fees or limitations. This move marks Revolut's renewed focus on crypto services after scaling back its offerings in the UK and the US due to regulatory challenges. Revolut, which started as a money transfer service in 2015, has grown to become one of the UK's largest fintech companies, with over 40 million users worldwide.

Sources :
- CoinTelegraph
- TheBlock

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