Revolut, a London-based digital bank with over 40 million customers worldwide, has launched Revolut X, a crypto exchange aimed at professional cryptocurrency traders. This move is seen as a direct competition to leading crypto exchanges. While Revolut has offered buying and selling of crypto within its app for years, it announced the introduction of a standalone exchange in February. Revolut X seeks to attract users by offering lower fees, charging zero fees to the maker of a trade and 0.09% to the taker. This development reflects Revolut's commitment to expanding its crypto services and competing in the cryptocurrency market.