Less than a year after Twitter’s infamous rebrand and there’s a new X in town.
UK fintech disruptor Revolut has launched a “crypto exchange for pros” called Revolut X, which promises seamless switching between fiat and crypto and 0% maker fees.
Although the standard Revolut app already allows customers to buy and sell cryptocurrencies, Revolut X introduces more sophisticated analytics tools and, according to the marketing material, lower spreads.
Users must have an existing Revolut account to use the platform.
The move comes amid a resurgence in cryptocurrency prices, with bitcoin currently up more than 50% year to date.
Revolut is one of the UK's most promising fintech companies, with an implied valuation of more than £20 billion and a large-scale hiring spree underway.