After launching a dedicated crypto trading platform
for UK users last year, Revolut has now expanded the offering with a new
trading app, Revolut X.
The move has positioned the fintech
Fintech
Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl
Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl
Read this Term giant as a direct
competitor to major exchanges like Binance and Coinbase, signaling Revolut’s
renewed focus on crypto after regulatory challenges forced the company to scale
back its offerings in the UK and US.
Now, with fixed low fees of between 0–0.09% and
fiat-to-crypto conversion, according to the company’s product listing, Revolut
X is setting the stage for a new wave of competition in the cryptocurrency
space.
⚡️ JUST IN: Revolut has launched a standalone crypto trading app, Revolut X, aiming to rival major exchanges and expand beyond Europe to the U.S. market. pic.twitter.com/UZCmmHJQQp
— Cointelegraph (@Cointelegraph) March 26, 2025
A New Challenger Enters the Crypto Market
Revolut X, initially available to UK retail traders,
offers over 100 cryptocurrencies
Cryptocurrencies
By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw
By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw
Read this Term, including Bitcoin. The platform enables users
to easily convert British pounds into crypto and vice versa, making
transactions more accessible.
“Revolut X, along with our recent partnership with
MetaMask, further consolidates our product offering in the world of Web3.
Together, we are empowering our customers to further grow their wealth, either
in fiat or in crypto,” commented Leonid Bashlykov, Head of Crypto Exchange
Product at Revolut, during the launch of the platform last year
Revolut’s renewed focus on crypto comes after a period
of regulatory uncertainty. In 2023, the company halted crypto services in the UK ahead of new Financial Conduct Authority (FCA) regulations aimed at
improving transparency and investor protection.
It also suspended crypto-related services in the US,
affecting only a small percentage of users. Now, Revolut is emphasizing
compliance as a core strategy for its crypto business. Despite past setbacks,
Revolut appears eager to expand.
Revolut has announced the arrival of its point-of-sale (POS) product Revolut Terminal in Spain. I see signs that Revolut is also preparing to introduce Revolut Terminal in Belgium and the Netherlands. https://t.co/QvBz3enfQV
— Max Karpis (@maxkarpis) March 13, 2025
Regulatory Challenges and Future Expansion
The launch of Revolut X follows the company’s broader
efforts to integrate cryptocurrency into its ecosystem. In March 2024, Revolut introduced Revolut Ramp, a
service allowing users to buy crypto directly within Web3 wallets through a
partnership with Consensys, the developer behind MetaMask.
As Revolut X rolls out and potentially expands beyond
the UK, the fintech company is placing itself in direct competition with
established crypto firms. Most recently, Revolut reportedly collaborated with Spanish authorities to enable users to pay taxes while broadening its payment solutions with Revolut Terminal.
After launching a dedicated crypto trading platform
for UK users last year, Revolut has now expanded the offering with a new
trading app, Revolut X.
The move has positioned the fintech
Fintech
Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl
Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl
Read this Term giant as a direct
competitor to major exchanges like Binance and Coinbase, signaling Revolut’s
renewed focus on crypto after regulatory challenges forced the company to scale
back its offerings in the UK and US.
Now, with fixed low fees of between 0–0.09% and
fiat-to-crypto conversion, according to the company’s product listing, Revolut
X is setting the stage for a new wave of competition in the cryptocurrency
space.
⚡️ JUST IN: Revolut has launched a standalone crypto trading app, Revolut X, aiming to rival major exchanges and expand beyond Europe to the U.S. market. pic.twitter.com/UZCmmHJQQp
— Cointelegraph (@Cointelegraph) March 26, 2025
A New Challenger Enters the Crypto Market
Revolut X, initially available to UK retail traders,
offers over 100 cryptocurrencies
Cryptocurrencies
By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw
By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw
Read this Term, including Bitcoin. The platform enables users
to easily convert British pounds into crypto and vice versa, making
transactions more accessible.
“Revolut X, along with our recent partnership with
MetaMask, further consolidates our product offering in the world of Web3.
Together, we are empowering our customers to further grow their wealth, either
in fiat or in crypto,” commented Leonid Bashlykov, Head of Crypto Exchange
Product at Revolut, during the launch of the platform last year
Revolut’s renewed focus on crypto comes after a period
of regulatory uncertainty. In 2023, the company halted crypto services in the UK ahead of new Financial Conduct Authority (FCA) regulations aimed at
improving transparency and investor protection.
It also suspended crypto-related services in the US,
affecting only a small percentage of users. Now, Revolut is emphasizing
compliance as a core strategy for its crypto business. Despite past setbacks,
Revolut appears eager to expand.
Revolut has announced the arrival of its point-of-sale (POS) product Revolut Terminal in Spain. I see signs that Revolut is also preparing to introduce Revolut Terminal in Belgium and the Netherlands. https://t.co/QvBz3enfQV
— Max Karpis (@maxkarpis) March 13, 2025
Regulatory Challenges and Future Expansion
The launch of Revolut X follows the company’s broader
efforts to integrate cryptocurrency into its ecosystem. In March 2024, Revolut introduced Revolut Ramp, a
service allowing users to buy crypto directly within Web3 wallets through a
partnership with Consensys, the developer behind MetaMask.
As Revolut X rolls out and potentially expands beyond
the UK, the fintech company is placing itself in direct competition with
established crypto firms. Most recently, Revolut reportedly collaborated with Spanish authorities to enable users to pay taxes while broadening its payment solutions with Revolut Terminal.
