Global fintech firm Revolut has introduced its standalone crypto trading platform called Revolut X, catering to UK retail customers.
The company, which initially began operations in the UK in 2015 offering money transfers, expanded its services to include cryptocurrency buying, holding, and exchanging in 2017.
With over 40 million customers worldwide, Revolut has emerged as the largest fintech company in the UK .
According to a statement, Revolut designed the new platform to compete with leading crypto exchanges by providing easy on/off-ramping and low fees.
Although initially targeted at professional traders, Revolut X is accessible on desktop for all UK users with a Revolut retail account starting today .
Traders on Revolut X can engage in more than 100 token trades with fixed fees of 0% for makers and 0.09% for takers, irrespective of trading volume.
While the platform will initially offer the same assets available on the Revolut retail app, such as bitcoin, ether, and XRP, Revolut plans to expand the selection in the upcoming months, as confirmed by a company spokesperson.
Revolut launches crypto trading platform Revolut X@RevolutApp introduces "Revolut X" in the UK, a dedicated crypto trading platform targeting professional traders.
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