Revolut is extending its dedicated cryptocurrency trading platform, Revolut X, to users across the European Union. Initially launched in May for UK-based professional traders, the platform offers advanced features compared to Revolut’s standard buy/sell options.
Key Features of Revolut X
- Simplified Trading: Designed for retail investors with competitive fees and efficient currency conversion.
- Seamless Integration: Users log in with existing Revolut credentials, enabling fee-free transfers between Revolut and Revolut X accounts.
- Low-Cost Model: Fixed 0% fees for makers and 0.09% for takers, positioning it as a cost-effective alternative to major crypto exchanges.
👉 Discover how Revolut X compares to traditional exchanges
Market Reach and Offerings
Available in 30 European countries, Revolut X supports 200+ tokens. With over 400,000 global clients, Revolut aims to become a leading crypto trading hub.
Leonid Bashlykoc, Product Lead, notes: "Feedback highlights traders leveraging near-zero fees and diverse assets. This expansion marks a milestone in our mission to serve both beginners and experts."
Strategic Expansion and Compliance
Revolut prioritizes regulatory compliance, positioning itself as a secure gateway into crypto. Recent developments include:
- Pursuing a UK banking license (valued at $4.5B).
- Exploring an in-house stablecoin, joining competitors like Tether (USDT) and Circle (USDC).
Stablecoin Market Trends
| Stablecoin | Market Cap | Notes |
|------------|-------------|---------------------------|
| USDT | ~$125B | Market leader |
| USDC | ~$41B | Fast-growing alternative |
| Upcoming| – | PayPal, Ripple, BitGo |
👉 Learn why stablecoins matter for crypto trading
FAQs
1. Is Revolut X available worldwide?
Currently limited to 30 European countries; global rollout plans unannounced.
2. How do fees compare to Binance or Coinbase?
Revolut X’s 0%/0.09% structure undercuts many rivals’ tiered pricing.
3. Can I trade between Revolut and Revolut X?
Yes—transfers are instant and free.
4. What’s next for Revolut’s crypto services?
A stablecoin launch and broader EU expansion are underway.
5. How secure is Revolut X?
It adheres to EU financial regulations, including AML/KYC protocols.