Key Points
- Revolut expanded to 30 countries in Europe with its crypto exchange, Revolut X.
- The crypto services will serve experienced traders in the new markets.
In an effort to support global crypto adoption, Revolut expanded its crypto services to 30 European countries.
The platform will provide crypto services to experienced traders via its trading platform Revolut X in new markets across Europe.
Making a Real Impact in Crypto Trading
Head of Product at Revolut’s crypto exchange, Leonid Bashlykov, released an official statement, saying that with the expansion of Revolut X, the platform is aiming to make a real impact in the crypto trading space.
They will offer a strong alternative to some of the more established platforms, he said.
The move made by Revolut comes at a time when the crypto industry is gaining more traction and adoption is increasing exponentially.
Real-Time Analytics and High Fund Security
To gain access to the platform’s vast pallette of over 200 cryptos, European users must have a European Economic Area (EEA) or UK-based Revolut account.
Revolut X eligible users will also benefit from real-time trading analytics and market monitoring tools integrated with TradingView’s charts, according to the official notes released by the platform.
The company also said that most of the crypto assets are kept in cold storage, with risk monitoring tools and enhanced fund safety protocols to prevent potential bad actors from breaching security.
Revolut reportedly has more than 45 million users at a global scale, and the platform launched its crypto service, Revolut X as its stand-alone exchange in the UK this year.
In July, the fintech giant entered the mobilization stage to complete bank operations, as it received a UK banking license.
Revolut has been providing crypto services to traders since 2017.
The recent crypto services expansion of the platform comes amidst a growing demand for digital assets and related offerings throughout the world.
