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Revolut, a leading digital bank based in London, has announced the expansion of its cryptocurrency exchange, Revolut X, to the European Union. Initially launched in May for professional traders in the UK, Revolut X now offers its services to users in 30 European countries. This expansion enables customers to trade over 200 tokens through a standalone app, supporting Revolut’s global customer base of over 40 million.
According to company officials, Revolut X aims to be the preferred platform for both new and seasoned crypto traders. “The expansion of Revolut X marks a significant step in our journey to dominate the crypto trading space,” a spokesperson said. Feedback from UK-based traders has been overwhelmingly positive, highlighting the app’s competitive fees, broad asset availability, and smooth integration with existing Revolut accounts.
Revolut’s strategy includes a compliance-first approach to safely engage the broader crypto community. Besides expanding its trading capabilities, the bank is also poised to launch its own stablecoin, further cementing its position in the cryptocurrency market.