Digital banking powerhouse Revolut has announced a significant expansion of its cryptocurrency exchange platform, Revolut X, to 30 new markets across the European Economic Area (EEA).

Revolut Expands Crypto Exchange Across Europe

The expansion follows the successful launch of Revolut X in the United Kingdom earlier this year, where tens of thousands of traders have already embraced the platform. The standalone crypto exchange offers users access to over 200 digital tokens with competitive pricing, including zero fees for limit orders and a mere 0.09% fee for market orders.

"The feedback from experienced traders has been very positive, with many already taking advantage of our near-zero fees, wide range of available assets, and seamless integration with their Revolut accounts," said Leonid Bashlykov, Revolut's head of product for crypto exchange.

JUST IN: Revolut officially launches Revolut X, their standalone crypto exchange 😳

I have a feeling this will be a wild bull market… pic.twitter.com/IFxjyBcAFD

— Linas Beliūnas (@linasbeliunas) November 13, 2024

This expansion positions Revolut as a formidable competitor in the European cryptocurrency trading landscape. The company's approach combines traditional banking services with innovative crypto offerings, setting it apart from both conventional financial institutions and pure-play crypto exchanges.

“With the expansion of Revolut X, we’re aiming to make a real impact in the crypto trading space and offer a strong alternative to some of the more established platforms,” added Bashlykov.

Revolut has maintained a compliance-first approach, having secured necessary regulatory approvals across its operating markets. The company recently received its UK banking license in July 2024 and informed it wants to issue its own stablecoin.