Revolut launches mobile crypto app for U.K. and EEA users

U.K.-based fintech platform Revolut has unveiled a mobile crypto exchange app for users across the United Kingdom and the broader European Economic Area.

Revolut said in an announcement that the new app, Revolut X, will allow U.K. and EEA users to trade more than 400 cryptocurrency pairs and 220 digital tokens directly from the app. Revolut X’s launch comes as the crypto market gains fresh momentum amid growing global regulatory clarity.

The London-based neobank initially revealed the expansion of Revolut X to 30 markets across Europe in November 2024. The rollout followed the company’s launch of the standalone crypto exchange earlier in the year, with the desktop version primarily targeting professional traders.

The latest move brings the exchange to mobile users in the U.K. and EEA. In a comment, Leonid Bashlykov, head of crypto at Revolut, said:

“It’s a simple yet powerful experience, designed to meet the needs of both new and seasoned traders, with the added benefit of rigorous security measures that customers can bank on.” 

Revolut X marks the culmination of the firm’s efforts to expand in crypto trading, which began in 2021. After the platform rolled out in May, Revolut extended access to account holders across the EEA.

In addition to Revolut X, the neobank—which boasts over 45 million users globally—has steadily grown its crypto offerings since 2017. Revolut expanded these services in June 2023 by introducing crypto staking for U.K. and EEA users. The company also offers a crypto-linked card.

While not a crypto-native company, Revolut’s expansion into digital asset products signals its intent to capture market share in a fast-growing space currently dominated by platforms like Coinbase, Crypto.com, and others.