- Revolut has launched Revolut X, a brand new crypto change platform for professional merchants.
- The change will initially solely be availabe to UK customers.
Revolut’s new crypto buying and selling platform Revolut X is now dwell, the fintech firm introduced on Tuesday.
Revolut X brings retail crypto buying and selling to UK clients and gives quite a few high options that would see it take a bit of customers from established cryptocurrency platforms at the moment accessible in the UK.
Revolut X goes dwell for UK customers
With its purpose at skilled merchants, Revolut X is designed to be essentially the most accessible crypto change to customers within the UK through on the spot on & off ramp and nil charges.
Leonid Bashlykov, Revolut’s Head of Crypto Alternate Product, stated in a remark:
“We perceive that aggressive charges in addition to simple on and off ramping are on the coronary heart of what skilled merchants need from a crypto platform.”
The brand new platform will provide real-time buying and selling and analytics for greater than 100 tokens. Customers have entry to superior options resembling market and restrict orders. Out there tokens embrace Bitcoin (BTC), Ethereum (ETH) and XRP (XRP).
With greater than 40 million customers worldwide, the London-based digital financial institution’s launch of Revolut X might be a significant development channels as crypto attracts extra folks.
Plans for the crypto change surfaced in February, with the standalone change set to gives customers an opportunity to purchase and promote crypto with out having to go to the Revolut app.