Mobile App Rolls Out to 30 European Markets
UK-based fintech unicorn Revolut has launched a new mobile app for its standalone crypto exchange, Revolut X. The app will serve users across the United Kingdom and the European Economic Area (EEA), enabling them to trade over 400 crypto pairs and 220+ tokens. This move follows the November 2024 launch of the desktop version of Revolut X, which was initially only available to professional traders.
Retail Users Now Welcome
The mobile rollout broadens access significantly, allowing any Revolut account holder in the supported regions to trade on Revolut X. The company says the mobile platform blends simplicity with strong security protocols and is designed for both beginners and seasoned traders.
Expanding Crypto Services Since 2017
Revolut has been steadily growing its crypto services since 2017. In addition to trading, it offers crypto staking products, a crypto-to-fiat payment card, and has expressed interest in launching a stablecoin. Its latest expansion comes amid growing competition in Europe, where exchanges are racing to secure licenses under the EU’s MiCA regulation.
Positioning Against Major Competitors
Emil Urmanshin, Revolut’s director of crypto and new bets, stated the mobile launch provides a “strong alternative to some of the more established” platforms. With 45 million global users and a $45 billion valuation, Revolut is aiming to become a major force in the European crypto exchange market.
