Revolut announced that service of exchange cryptocurrency from this moment will be avaliable for users of standard version of the Revolut app.
Are you a user of a Revolut ? And you are trading crypto aswell ? If so, this is a good piece of news for you. Revolut is a one of most famous European company fintech sector. If you don't know what the fintech companies are yet, they are just financial firms that only operate within internet. Lately fintechs are getting a greater recognition in the whole world.
As mentioned Revolut lately shared a service of exchange cryptocurrency for their standard users. Before that, feature was only avaliable for a small group of users of standard version and premium users.
Furthermore, Revolut also anounced that in April they will make avaliable gold trading for standard users. In short, for users of Revoult app who uses a free version, it will open a possibilty to trade theirs curriences and cryprocurrencies into gold.
Revolut users also receive an mail from company announcing new features:
The application is giving access to 30 fiat currencies and 5 cryptocurriences, that includes BTC, BCH, LTC, ETH and XRP. Users, through the app are able to liquid their crypto in any moment, to any other crypto or fiat currency of their choice.
However, Revolut are not distribute any individual wallets or private keys for users. That means all cryptos that Revolut is storing are being kept in virtual connected wallet.
It is also worth mentioning that you can only buy, sell or exchange crypto within Revolut's ecosystem. Which means, you cannot transfer your crypto outside Revolut platform.
Besides that, it's good to see that companies as Revolut introducing features like this and make them free to use for everyone and make crypto more common to use for regular people who are just getting familiar with cryptocurriences.
