Revolut X: New Crypto Trading Platform Unveiled
Revolut, a leading fintech company with over 40 million customers worldwide, has recently launched Revolut X, a dedicated cryptocurrency trading platform aimed at professional traders.
One of the standout features of Revolut X is its fee structure. With 0% maker fees and a low 0.09% fee for takers, regardless of trade volume, it sets a new standard in cost-effectiveness. This fee model, combined with easy fiat-to-crypto conversion and seamless integration with Revolut accounts, makes trading on the platform hassle-free and cost-efficient.
The platform boasts a wide range of cryptocurrencies for trading, initially offering over 100 tokens, including popular choices like Bitcoin, Ether, and XRP. With plans to expand the selection further, Revolut X ensures that traders have access to a diverse portfolio of assets.
Security is paramount in the world of cryptocurrency, and Revolut X prioritizes the safety of users’ digital assets. Funds are held 1:1 and never lent out, with the majority stored in cold storage for added security. Rigorous custodian due diligence and constant risk monitoring provide users with peace of mind, knowing that their assets are protected.
Revolut X is designed for desktop use, offering real-time trading with market and limit orders. The platform provides advanced trading features such as technical indicators and TradingView charts, empowering traders to make informed decisions.
The launch of Revolut X comes at a pivotal time, amidst a bullish market and increasing regulatory clarity. While regulatory challenges have led to the scaling back of crypto offerings in some regions, Revolut remains committed to compliance. Taking a “compliance first” approach, the company aims to adhere to legal and regulatory requirements in all jurisdictions where it operates.
This renewed focus on crypto services follows the introduction of Revolut Ramp, a service that allows users to purchase crypto directly within their Web3 wallets through a partnership with Consensys, the developer of MetaMask. These initiatives underscore Revolut’s commitment to providing innovative solutions that meet the evolving needs of its customers.
