Revolut Launches Crypto Exchange for Professional Traders Dubbed Revolut X

Revolut, a prominent digital banking firm headquartered in London, has unveiled Revolut X, a new cryptocurrency exchange tailored specifically for professional traders. This platform is designed to offer an advanced trading environment that allows users to engage in cryptocurrency transactions directly, bypassing the Revolut app for potentially lower trading fees.

With Revolut X, the fee structure is designed to be competitive and transparent. Traders who place orders (makers) will benefit from zero fees, while those who fulfill orders (takers) will be charged a fee of 0.09%. This pricing model positions Revolut X to compete effectively with other leading cryptocurrency exchanges, offering a compelling option for high-frequency and professional traders.

Currently, Revolut X is accessible via desktop for all retail account holders in the UK. Users can log in with their existing Revolut credentials, streamlining the transition to the new platform. Additionally, the integration between Revolut X and the Revolut app enables seamless trading between cryptocurrencies and fiat currencies, all without incurring additional fees.

Revolut’s move to launch Revolut X underscores its commitment to enhancing the accessibility and convenience of cryptocurrency trading for its users. The standalone exchange features a user-friendly interface designed to accommodate both experienced traders and those new to the crypto market. This initiative aligns with Revolut's broader strategy to improve user experience and foster responsible trading practices through educational resources available in the Revolut app.

In addition to Revolut X, the company has been rolling out other significant updates. One such enhancement is Revolut Ramp, introduced in partnership with MetaMask. This feature simplifies the process of purchasing cryptocurrencies and is integrated directly into MetaMask's mobile app, browser extension, and MetaMask Portfolio, further facilitating seamless transactions for clients.

Overall, the launch of Revolut X highlights Revolut's ongoing efforts to deliver high-quality trading experiences and support a wide range of users, from casual investors to seasoned professionals, in the rapidly evolving cryptocurrency landscape.

Source - https://www.coinspeaker.com/revolut-x-crypto-exchange/