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Revolut Targets Young Traders With New Crypto App, Taking on Binance and Coinbase

  • Revolut has launched a new crypto app, Revolut X, targeting young traders and becoming a competitor to exchanges like Binance and Coinbase.
  • Revolut X offers over 100 cryptocurrencies, easy fiat-to-crypto conversions, and fixed low fees, expanding Revolut's crypto offerings.
  • Revolut previously faced regulatory challenges, temporarily scaling back its crypto services in the UK and US, but is now emphasizing compliance.
  • Revolut aims to further expand and compete in the cryptocurrency space, with recent integrations and partnerships to enhance their crypto ecosystem.

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