- Revolut has launched Revolut X, a new cryptocurrency exchange platform for professional traders.
- The exchange will initially only be available to UK users.
Revolut’s new cryptocurrency trading platform, Revolut X, is now live, the fintech company announced on Tuesday.
Revolut
Revolut X has been released to UK users.
Aimed at professional traders, Revolut X is designed to be the most accessible cryptocurrency exchange for UK users, with no instant on/off ramps and no fees.
Leonid Bashlykov, head of cryptocurrency exchange products at Revolut, said:
“We know that easy switching on and off, as well as competitive fees, are at the heart of what experienced traders want from a cryptocurrency platform.”
The new platform offers real-time trading and analysis for over 100 tokens. Users have access to advanced features such as market and limit orders. Available tokens include Bitcoin (BTC), Ethereum (ETH), and XRP (XRP).
With more than 40 million users globally, the London-based digital bank’s launch of Revolut X could become a major growth channel as the cryptocurrency attracts more people.
Plans for a cryptocurrency exchange surfaced in February, with the standalone exchange set to give users the opportunity to buy and sell cryptocurrencies without having to go to the Revolut app.