Revolut X Expands Crypto Exchange Across Europe, Targeting Pro Traders

Cryptocurrency-friendly neobank Revolut is ramping up its crypto trading options in Europe with the launch of Revolut X in 30 additional European Economic Area (EEA) markets. Announced on November 13, this expansion makes Revolut X accessible to professional crypto traders and retail investors across all EEA countries, including Belgium, Cyprus, and Denmark, among others.

With this rollout, eligible EEA users can now trade over 200 cryptocurrencies and tokens through Revolut X using their Revolut bank accounts. Revolut X initially debuted in the United Kingdom earlier this year, where it targeted experienced crypto traders with sophisticated features and analytics. Now, Revolut aims to broaden its reach, supporting users across the EEA while maintaining a focus on high-quality tools for crypto enthusiasts.

As with its UK services, Revolut X caters to experienced traders with its advanced trading interface, real-time analytics, and monitoring tools like TradingView. Although the platform is optimized for seasoned users, anyone in the EEA with a Revolut account can join. Revolut X features a competitive fee structure, with zero fees for maker orders and a low 0.09% fee for taker orders. This structure applies uniformly regardless of trading volume, appealing to those looking for cost-effective options in crypto trading.

In terms of security, Revolut X is designed with robust protective measures. Most assets are kept in cold storage, reducing exposure to potential online threats, although Revolut has not disclosed the exact proportion stored in this manner. Revolut's risk management tools are active around the clock to prevent unauthorized access, and the company assures users that only trusted custodians, vetted through rigorous due diligence, are involved in safeguarding assets.

The expansion of Revolut X across Europe underscores Revolut‘s dedication to the cryptocurrency sector. Building on its Revolut Ramp initiative, which facilitates direct crypto purchases via wallets like MetaMask and Ledger, Revolut aims to provide a compelling alternative to established trading platforms. “With Revolut X’s growth, we‘re committed to making a strong impact in the crypto trading market,” said Leonid Bashlykov, Revolut’s Head of Crypto Exchange Product, expressing confidence in the platform's ability to meet the needs of both pro traders and new users.

Final Thoughts

The expansion of Revolut X to the EEA marks a significant step in Revolut‘s mission to innovate within the crypto space. By providing secure, user-friendly trading solutions backed by powerful analytics and robust security, Revolut is positioning itself as a leading choice for crypto traders in Europe. As crypto adoption grows, Revolut’s move into more regions may well set a new standard for accessible and secure digital asset trading.