Revolut online bank has opened the possibility of cryptocurrency trading for all users



1XBET: 100% Welcome Bonus.
CLICK ON THE BANNER TO REGISTER And CLAIM BONUS INSTANTLY


Revolut online bank has opened the possibility of cryptocurrency trading for all users

Am Sure you can learn successful Blogging secrets through me, am also sure you can learn how to make money online with the help of my updates why not leave your email behind let me show you how.
Loading

The British startup Revolut has announced that all operations with cryptocurrencies are now available to holders of standard accounts in its banking application, reports Cointelegraph.

Previously, cryptocurrency accounts and trading with digital assets could only be used by customers with the Premium and Metal level. The company planned to expand the options on Standart accounts later this year, but because of the economic turbulence caused by the COVID-19 pandemic, it accelerated the decision.

“In the light of recent events, we decided to give all Revolut customers the opportunity right now to master various methods of diversification, including using cryptocurrencies,” the company said.

The head of the cryptocurrency department of the startup Edward Cooper recalled that the consequences of the financial crisis of 2008 served as one of the incentives for the appearance of bitcoin and other cryptocurrencies.

As now, in an economic downturn, the authorities then resorted to a policy of quantitative easing, which caused the volatility of fiat currencies, he noted.

The company opened access to in-app purchases of Bitcoin, Bitcoin Cash, Ethereum, Litecoin and XRP for standard accounts in mid-March. But operations with cryptocurrencies were limited.

Recall that earlier Revolut with its application for banking and operations with cryptocurrencies and stocks entered the US market. This year, the startup intends to attract at least $ 500 million of investments for global expansion.

Revolut online bank has opened the possibility of cryptocurrency trading for all users



1XBET: 100% Welcome Bonus.
CLICK ON THE BANNER TO REGISTER And CLAIM BONUS INSTANTLY


Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

  −  two  =  five