Mobile-Only Bank Revolut Launches Cryptocurrency Support Thursday
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Mobile-Only Bank Revolut Launches Cryptocurrency Support Thursday
Revolut, a UK-based fast-growing fintech firm, is merging cryptocurrency services with its pre-paid cards, joining other providers in the process as they prepare to harness the blockchain in the belief that it could cut billions off costs and transform the way their industry works.
Once it launches cryptocurrency support next Thursday, Revolut users will be able to buy, sell and hold several cryptocurrencies including Bitcoin, Ethereum and Litecoin. Users will also be able to transfer the virtual currencies to other Revolut accounts.
The initiative is aimed at turning the app-based bank into a provider of several cryptocurrency transactions so that it can ... (read more)
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