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After the successful launch in the United Kingdom, Revolut has extended its cryptocurrency exchange to the entire European Union. The expansion aims to consolidate the digital bank’s position among the leaders in crypto trading.
Let’s see all the details in this article.
Summary
After the success in the United Kingdom, the financial app Revolut launches the cryptocurrency exchange in 30 countries of the European Union
The London-based digital bank Revolut has announced a major expansion of its cryptocurrency exchange, now available for users across the entire European Union.
After the success achieved in the United Kingdom earlier this year, where the app quickly gained the interest of tens of thousands of traders, the platform is preparing to attract millions of new users in 30 European countries.
Revolut X, the standalone app launched in May for professional traders in the United Kingdom, now offers the possibility to trade over 200 digital tokens with extremely competitive fees.
Limit orders are exempt from costs, while for market orders a commission of 0.09% is applied. Leonid Bashlykoc, product manager at Revolut, commented:
“The expansion of Revolut X represents a significant step in our ambition to become a reference trading platform for both novice traders and more experienced investors.”
This move strengthens the company’s international growth strategy, which already has over 40 million customers worldwide.
European users can now access a wide range of criptovalute directly through the Revolut X app, which is fully integrated with Revolut bank accounts. This offers a seamless transition between financial management and crypto trading.
An approach that focuses on safety and compliance
One of the distinctive elements of Revolut’s offering is the rigorous approach to regulatory compliance.
The digital bank has adopted significant measures to ensure that the platform complies with the standards required by European and global regulators.
This focus on security aims to provide a stable and secure environment for traders, moving away from the concerns that have long characterized the bull and bear cryptocurrency sector.
A spokesperson for Revolut reported that the feedback received from traders in the UK has been extremely positive, thanks to the reduced fees and the wide range of assets available.
“Many users have already taken advantage of our benefits, including seamless integration with Revolut accounts, which allows for moving capital without complications.”
Future prospects: stablecoin and new developments
In any case, Revolut does not stop only at the launch of the exchange. Recently, the company announced its intention to issue its own stablecoin, confirming the intention to diversify and strengthen its crypto offering.
This project could open new opportunities for users and investors, increasing the stability and reliability of the transactions carried out on the platform.
The expansion of Revolut X fits into a context of growing adoption of cryptocurrencies at a global level.
As financial markets evolve and the trading of digital assets gains popularity, solutions like Revolut’s are set to play a key role.
By offering simple and convenient tools, the bank aims to democratize access to the crypto world, both for those taking their first steps and for more sophisticated traders.
With the promise of low fees, a wide range of tokens, and a strong focus on security, Revolut X seems destined to become a point of reference for the crypto community in Europe.
It remains to be seen how the platform will manage to maintain its competitive momentum as the cryptocurrency landscape continues to evolve.