Revolut, a UK fintech company, has announced the launch of Revolut X, a standalone cryptocurrency exchange.
Key features of the exchange:
- Access to more than 100 tokens via the desktop version of the exchange.
- The platform offers low flat fees of 0.00% for makers and 0.09% for takers.
- Seamless integration with Revolut retail accounts.
- Real-time trading and advanced analytics, including technical indicators and TradingView chart integration.
- Robust security measures, including cold storage for the majority of funds and 24/7 customer support via encrypted chat
Revolut X aims to compete with other leading exchanges by offering easy on-and-off ramping, low fees, and a user-friendly interface. The platform is initially launching with a desktop version, enabling experienced crypto traders to access a wide range of tokens and advanced trading tools.
Also read: Binance Slapped With $4.3 Million Penalty By Canadian Regulator
New crypto exchange provides seamless integration with Revolut ecosystem
Revolut X provides hassle-free integration with the Revolut ecosystem. Existing customers can easily switch between fiat and crypto within the Revolut X and retail accounts without incurring any fees or facing barriers or limitations.
In addition to its fees and seamless integration, the exchange offers a range of features. The platform provides real-time trading and advanced analytics, including technical indicators and full integration with TradingView charts.
Also read: Consensys CEO Joseph Lubin Accuses SEC Of Stifling Innovation Like Ethereum
The launch of Revolut X follows the recent introduction of Revolut Ramp, which allows traders to purchase crypto directly in their wallets through a partnership with MetaMask.
The launch follows the company’s decision in December to suspend cryptocurrency transactions for UK business accounts due to new British regulations regarding crypto asset promotions. The company also initially dropped hints about the exchange launch in February.
Also read: Binance Fires Employee Who Discovered Evidence Of DWF Labs Market Manipulation