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Revolut’s Crypto Exchange Goes Live for Experienced Traders

Revolut, the digital bank with over 40 million customers, has launched its cryptocurrency exchange, Revolut X, for professional traders. This move positions Revolut as one of the early adopters of a standalone crypto exchange within the banking industry. While Revolut has allowed customers to buy and sell cryptocurrencies within its app for years, the introduction of Revolut X aims to attract users to trade directly through the exchange by offering lower fees. According to an email announcement, Revolut will charge zero fees to makers of trades and 0.09% to takers. This development puts Revolut in direct competition with leading crypto exchanges.