Revolut Rolls Out a Crypto Trading Platform in UK

Reading Time: < 1 minute

Revolut, a leading fintech company, has today launched Revolut X, a standalone crypto trading platform available to its retail customers in the UK.

The firm, which first started in the UK offering money transfers in 2015, began allowing customers to buy, hold, and exchange cryptocurrencies in 2017. It has since grown to become the UK’s largest fintech company, with over 40 million customers worldwide.

According to a statement released by the company, Revolut X aims to compete with other leading crypto exchanges by providing easy on/off-ramping and low fees.

While the platform is designed for professional traders, it is available on desktop for all UK users with a Revolut retail account. Revolut X offers more than 100 tokens with fixed 0% maker and 0.09% taker fees, regardless of the trading volume, the company said.

Initially, the platform will feature the same assets as the Revolut retail app, such as Bitcoin, Ether, and XRP. However, Revolut plans to expand its offerings in the coming months.