Revolut X gives eligible customers a crypto order book alongside RFQ and Convert functions. The distinction matters: book trades use maker/taker pricing, while a conversion uses a quoted exchange rate and a different contractual route. This profile uses the United Kingdom terms and fee schedule.[2][1]
Order-book execution and separate conversion routes
Sections ↑Reference table01
Trading routes
| Item | Published treatment | Practical scope |
|---|---|---|
| Order book | Matches orders on its platform | Trading rules also describe an internal Revolut market maker |
| RFQ / Convert | Separate quoted transaction | Ordinary crypto terms apply, rather than book execution terms |
| API | Programmatic access to supported trading functions | Account and key permissions determine what can be submitted |
Reference table02
Order and liquidity treatment
| Item | Published treatment | Practical scope |
|---|---|---|
| Market order | Executes against available liquidity | A displayed price does not promise a complete fill at that price |
| Resting limit | Can add liquidity | Maker treatment depends on how it executes |
| Immediately executable limit | Can remove liquidity | A limit instruction is not automatically a maker trade |
Reference table03
Unexecuted and partially filled instructions
| Item | Published treatment | Practical scope |
|---|---|---|
| Unfilled order | No completed trade volume | Does not move the fee tier |
| Partly filled limit | Completion rule applies | Counts when fully filled or closed |
| Completed market order | Counts after execution | Cannot lower its own placement-time fee |
The X terms say Revolut is not the counterparty to order-book trades, but trading rules 15 and 23 expressly describe Revolut Ltd acting as principal when its internal market maker matches an order. Accordingly, this profile does not present the venue as exclusively customer-to-customer execution.[2][3]
Reference table04
Triggers and scheduled orders
| Item | Published treatment | Practical scope |
|---|---|---|
| Market protection | Fills within 5% of Index Price | Not a guaranteed fill |
| TPSL / conditional | Index Price triggers posting | Not simply the latest trade |
| Market TWAP | Scheduled market orders | Interval-based execution |
| Limit TWAP | Also posts market orders | Skips intervals failing its limit condition |
| Recurring buy | Fixed fiat amount into asset/basket | Stops on cancellation or insufficient funds |
Reference table05
Cancellation and funds committed
| Item | Published treatment | Practical scope |
|---|---|---|
| Order funding | Relevant balance covers order plus fees | Committed amount is held |
| Cancellation | Unfilled remainder can be cancelled | Execution can precede acknowledgement |
| Successful cancellation | No cancellation fee | Executed fills remain chargeable |
Reference table06
API access and historical reconciliation
| Item | Published treatment | Practical scope |
|---|---|---|
| Public data | Unauthenticated market endpoints | Separate from account operations |
| Account operations | Ed25519-signed requests | Private signing key stays with customer |
| Subaccounts | Isolated funds and rate limits | Use correct account context |
| TWAP history | Children excluded from historical-order list | Retrieve parent details and linked order IDs |
UK Revolut X fees and the volume clock
Sections ↑Reference table07
Order-book tier schedule
| Rolling 30-day completed volume | Maker | Taker |
|---|---|---|
| Below US$10 million | 0% | 0.09% |
| US$10 m to below US$50 m | 0% | 0.04% |
| US$50 m to below US$100 m | 0% | 0.03% |
| US$100 m and above | 0% | 0% |
Reference table08
How the fee tier changes
| Item | Published treatment | Practical scope |
|---|---|---|
| Measurement | Completed eligible spot market and limit orders | Rolling 30-day window |
| New volume | Updated when a trade completes | Current order is excluded from its own tier |
| Ageing volume | Removed through hourly recalculation | A previous tier may fall |
| Rate lock | Rate is fixed when the order is placed | Later volume changes do not reprice that order |
Reference table09
Illustrative book fees on US$10,000
| Item | Published treatment | Practical scope |
|---|---|---|
| 0.09% taker tier | US$9 | Fee only; excludes price movement and transfers |
| 0.04% taker tier | US$4 | Same notional, qualifying volume assumed |
| 0.03% taker tier | US$3 | Same notional, qualifying volume assumed |
| 0% maker | US$0 | Resting execution must qualify |
Reference table10
Costs outside the maker/taker percentage
| Item | Published treatment | Practical scope |
|---|---|---|
| RFQ fee element | Published as zero | Quoted exchange rate still determines the amount received |
| Crypto withdrawal | Separate service and network charges | Use the token-specific withdrawal quote |
| Execution price | Depends on available liquidity | A zero commission does not remove spread or market impact |
Balances, transfers and business separation
Sections ↑Reference table11
Retail and business account structure
| Item | Published treatment | Practical scope |
|---|---|---|
| Retail | One Cryptoassets Account accessible through retail and X interfaces | The interfaces do not create two independent holdings |
| Business | X crypto balance is separate from the Business Crypto Account | Internal movement follows the business process |
| Subaccounts | Separate balances within X | Allocate funds to the intended subaccount before trading |
Custody and account permissions
Sections ↑The X trading terms sit alongside Revolut’s separate crypto terms governing the crypto account and custody. An order-book fee schedule does not establish deposit insurance, ownership of wallet keys or unlimited token withdrawal support. The applicable crypto agreement and enabled transfer route govern those points.[2]
Reference table12
API key controls
| Item | Published treatment | Practical scope |
|---|---|---|
| Creation | Customer supplies a public key | Keep the corresponding private key confidential |
| Subaccount binding | Key belongs to the selected subaccount | Changing it requires deletion and recreation |
| Network access | Trusted IP addresses can be specified | Match deployment to the allowed addresses |
| Delegated use | Instructions through a key are treated as authorised | Third-party tools can commit the account |
Contract and geographic scope
Sections ↑The cited agreement identifies Revolut Ltd for the UK relationship. EEA use is subject to the relevant Revolut Digital Assets Europe Ltd migration or other expressly described account arrangement. Availability of an X interface does not make the UK tariff or entity the right one for every resident.[2]
Trade records and account help
Sections ↑Reference table13
Records needed to reconcile an X trade
| Item | Published treatment | Practical scope |
|---|---|---|
| Order record | Placement time and order type | Explains the fee rate and execution instruction |
| Fill record | Completed quantity and price | Separates a fill from an open remainder |
| Subaccount record | Balance and associated API key | Locates the transaction in the correct account |
What the X agreement covers
Sections ↑The profile describes the UK contractual service, not an independently verified worldwide licence catalogue. API market data is supplied for personal or internal business use; access does not confer a right to redistribute that data.[2]
Changes to listed assets and accounts
Sections ↑Reference table14
Treatment of a delisted asset
| Item | Published treatment | Practical scope |
|---|---|---|
| Orders | Buy orders and other affected orders can be cancelled | A delisting can interrupt the trading strategy |
| Exit period | Sell or withdraw where supported | Available routes depend on the asset |
| Retail residual balance | Terms permit conversion to base fiat | A residual holding need not remain indefinitely |
| Business residual balance | Transferred to Business Crypto Account under the stated process | Different from retail liquidation |
- Operator
- Revolut Ltd (UK service); other regional Revolut crypto entities vary
- Exchange model
- Centralised
- Service scope
- Revolut X combines an order book with separate conversion quotes. This UK profile explains its volume tiers, account balances and API controls without applying one route’s fees to another.
- Client types
- Retail clients; Professional clients
- Pricing publication
- Public pricing
- Pricing scope
- UK X book: maker 0%; taker 0.09%, 0.04%, 0.03% or 0% at the published rolling-volume thresholds. RFQ and withdrawal pricing are separate.
- Funding scope
- Revolut cash-account rails and Revolut X transfer bridge where eligible; external crypto withdrawals have separate fixed service and variable network charges.
- Custody and asset handling
- Crypto account and custody rights follow the separate applicable Revolut crypto agreement; X provides trading access and subaccount balances, not customer-controlled wallet keys.
- Client eligibility
- UK availability is governed by Revolut Ltd account and crypto terms; app availability abroad does not establish identical access or fee terms.
- Support
- Revolut in-app account support; retain order, fill and subaccount references for trading or API cases.
- Authorisation and registration scope
- UK contractual scope identifies Revolut Ltd. EEA migration and service arrangements differ; this profile makes no new independently verified licence finding.
Exchange metadata checked 26 Oct 2026Source 1Source 2Source 3Source 4
Covered contracting entities
Sources & further reading
- Exchanging cryptocurrency: UK personal and Revolut X fees Revolut · Accessed 26 Oct 2026
- Crypto exchange terms and conditions Revolut · Accessed 26 Oct 2026
- Crypto Exchange Trading Rules Revolut · Accessed 26 Oct 2026
- Revolut X REST API reference Revolut · Accessed 26 Oct 2026
This profile reports dated public information, including exchange-published services and terms. It does not independently test or guarantee trading, custody, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.