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Revolut launches crypto exchange for experienced traders in UK

Digital fintech app Revolut has reportedly started onboarding
experienced traders on its cryptocurrency exchange dubbed Revolut X.

British fintech company Revolut has started appears to be a phased introduction of its crypto exchange, Revolut X, as part of its intensified focus on cryptocurrency initiatives.

Based on notifications circulated among a select group of users in the U.K., Revolut has granted access exclusively to professional traders, indicating a cautious approach compared to traditional methods of service rollout within the crypto market. Preliminary reports indicate that Revolut X allows users to switch from fiat-to-crypto between Revolut and Revolut X, storing assets on “purpose-built defences.” The exchange is understood to charge zero fees to the maker of a trade and 0.09% to the taker.