10 May 2024

Revolut launches trading platform

Written By FinTech Alliance in FinTech

Revolut launches trading platform

Supporting XRP among other digital assets
 

In brief:

Revolut has marked its territory in the cryptocurrency exchange arena by unveiling Revolut X, a crypto trading service catering to professional crypto traders. The firm announced this development via a press statement on its official website on May 7.

The announcement detailed that Revolut’s objective in launching this professional-grade trading platform is to rival top exchanges by providing seamless transitions into and out of crypto positions, coupled with competitive fees.

Following the launch, seasoned crypto traders will have the opportunity to purchase and sell over 100 crypto assets, including XRP, for the first time via a desktop. It is worth noting that the new stand-alone exchange platform is optimized explicitly for larger screens such as laptops. Essentially, Revolut X is not compatible with smaller devices like mobile phones.

 

What does this mean?

The company views Revolut X as a significant stride towards establishing itself as the premier financial application for novice and expert cryptocurrency users.

 

Read more here.

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