Crypto trading in Europe enjoyed some major updates this week as Revolut X added support for a set of 30 new markets. Users across the European Economic Area can now trade over 200 cryptocurrencies. At the same time, VanEck introduces its SUI ETN to 15 European countries, strengthening blockchain expansion efforts across the region, and the world at large.
Also Read: Shiba Inu: SHIB to Breach Its All-Time High of $0.00008616?
Revolut X and VanEck SUI ETN: Navigating Market Volatility and Blockchain Expansion
Revolut X Brings Advanced Trading to European Markets
The Revolut X platform now serves EEA and UK traders with its 200+ cryptocurrency selection. “We aim to attract traders who need powerful analytical tools and real-time market data,” says Leonid Bashlykov, Head of Product for Revolut’s crypto exchange.
https://twitter.com/CryptoMutant/status/1856669663343870143
The platform’s security measures have proven effective, with $13.5 million in fraudulent crypto transfers blocked between June and September. Nearly 92% of crypto trades process automatically, while 8% undergo additional verification for AML compliance. This ends up ensuring secure crypto trading Europe-wide.
VanEck’s Strategic SUI ETN Launch
VanEck Europe’s new SUI-based exchange-traded note marks significant progress in blockchain expansion across European markets. Menno Martens, Crypto Product Manager at VanEck Europe, states: “The VanEck Sui ETN gives investors the opportunity to participate in the development of this promising blockchain network in a comparatively simple way.”
Also Read: Dogecoin: Can DOGE Imitate Its Earlier 9720% Surge? Expert Says Yes
The ETN launches amid SUI’s price surge, coinciding with the introduction of HIPPO, the network’s first meme coin. VanEck’s CEO Martijn Rozemuller highlights SUI’s impressive transaction speeds as a crucial bridge between Web2 and Web3 technologies.
Security and Market Impact
Both platforms prioritize security measures. Revolut X stores funds in cold storage, while implementing advanced risk monitoring systems. The combination of Revolut X’s expansion and VanEck’s ETN introduction creates new investment opportunities for European traders seeking regulated crypto exposure. If you’re curious to explore what crypto trading in Europe has to offer stay tuned!
Also Read: Pepe Rallies 80% In 24 Hours, Hits New All-Time High: SHIB Out?
