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Cryptocurrency News Articles
Revolut Debuts Revolut X: Dedicated Cryptocurrency Exchange for Businesses
May 08, 2024 at 01:25 am
Revolut, a global fintech company, has launched its dedicated cryptocurrency exchange, Revolut X, becoming the first traditional business to do so. The exchange offers over 150 tokens in 45 countries with user-friendly features, low trading fees (0.09% taker fee), and advanced analytics. Revolut X aims to revolutionize the crypto industry by enhancing trust and transparency, capitalizing on Revolut's 40 million customer base and commitment to crypto services. Currently available to UK-based Revolut customers via desktop, the platform includes 24/7 support, cold storage, and blockchain analytics for enhanced security.
Revolut Unveils Dedicated Cryptocurrency Exchange, Revolut X
London, United Kingdom - May 7, 2023 - Revolut, the leading global neobank and fintech provider, has become the first traditional business company to launch a dedicated cryptocurrency exchange, Revolut X. This announcement marks a significant milestone in the company's ongoing commitment to providing innovative and user-friendly financial services to its customers.
Pioneering Crypto Exchange for Traditional Businesses
Revolut X is the first of its kind, offering a dedicated platform for buying, selling, and trading cryptocurrencies within a traditional business setting. This groundbreaking move underscores Revolut's unwavering belief in the transformative potential of cryptocurrency and blockchain technology.
Overcoming Barriers to Crypto Adoption
The launch of Revolut X is driven by the company's recognition of the challenges faced by businesses and individuals in the rapidly evolving cryptocurrency landscape. By providing a user-friendly and secure platform, Revolut aims to break down barriers to entry and empower a wider audience to engage with the digital asset ecosystem.
An Extensive Suite of Features
Revolut X boasts an array of advanced features, including:
- Instant Trades: Seamless and lightning-fast execution of cryptocurrency orders.
- Competitive Fees: Maker fees of 0.0% and taker fees of 0.09%, promoting high-volume trading.
- Extensive Token Support: Support for over 120 tokens, including all major cryptocurrencies (e.g., BTC, ETH, XRP, LTC, DOT, DOGE).
- Cold Wallet Storage: Secure and offline storage of crypto assets to ensure their integrity and protection.
- Advanced Analytics: Real-time market data, charts, and price alerts to empower informed trading decisions.
Subscription Plans and Services
Revolut X offers a tiered subscription model to meet the varying needs of customers. The available plans include Standard, Plus, Premium, Metal, and Ultra, each with its own set of fee structures and benefits.
Comprehensive Support and Security
Revolut X is backed by the company's robust support network, ensuring 24/7 assistance to customers. Trusted custodians, risk monitoring, cold storage, and enhanced safety measures provide peace of mind to users.
Embracing Cryptocurrency's Promise
The introduction of Revolut X reflects Revolut's unwavering commitment to the cryptocurrency industry. The company believes that cryptocurrencies and blockchain technology have the potential to revolutionize financial services and empower individuals worldwide.
Availability and Future Plans
Revolut X is currently available to existing Revolut customers in the United Kingdom through a desktop application accessed via the official Revolut website. The company plans to expand its geographic reach and add mobile app functionality in the near future.
A Pioneer in Crypto Innovation
With the launch of Revolut X, Revolut establishes itself as a leader in the field of cryptocurrency adoption. The company's dedication to user experience, transparency, and innovation positions it as a driving force in shaping the future of digital finance.
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