Revolut Rolls Out Crypto Exchange Services Across 30 European Markets

Crypto Reporter

Shalini Nagarajan

Crypto Reporter

Shalini Nagarajan

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Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

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Last updated:

November 13, 2024 03:00 EST

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UK-based digital banking app Revolut announced Wednesday that it has expanded its crypto exchange, Revolut X, to serve customers in 30 additional European countries.

Revolut X offers competitive flat fees, 0.00% for makers and 0.09% for takers, regardless of trading volume, the platform said. Additionally, existing Revolut customers can convert between fiat and cryptocurrency within the Revolut ecosystem.

The company launched Revolut X, in May this year, targeting retail customers in the UK.

Revolut X users with an European Economic Area (EEA) or UK-based Revolut account can access real-time trading and advanced analytics. These features provide crypto professionals with up-to-date market insights to improve their trading decisions.

The platform integrates TradingView charts and uses technical indicators, offering a range of market monitoring tools. These include dashboards that showcase top-traded tokens, biggest gainers and coins with the highest market cap.

Image Source: Revolut

Further, the fintech said it is improving crypto knowledge for retail users through its Crypto Learn tool. The firm said it encourages customers, particularly first-time crypto buyers, to use this feature.

Ledger Partnership for Direct Crypto Access

Most funds are stored in cold storage, and customer support is available 24/7 via encrypted chat. Revolut said it uses advanced risk monitoring tools to prevent account takeovers.

In August, Revolut partnered with Ledger, allowing customers to engage with the crypto ecosystem directly through its app. This new feature lets Ledger Live users in several EEA countries buy cryptocurrencies using their Revolut accounts or cards.

Additionally, Revolut plans to launch its own stablecoin to compete with industry leaders.

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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.