World Beyond Banking – Evolving Revolut Adopts Cryptocurrency Within Revolut Crypto
After Revolut fulfilled promises bringing cryptocurrencies to their customers through the app, back in Decemeber now they came back with even better news – payments using cryptocurrencies straight from Revolut Crypto.
Buy LTC, BTC, ETH, XRP & BCH instantly with Revolut Crypto
Through the app Ripple (XRP) and Bitcoin Cash (BCH) can be converted in matter of seconds into other 25 avialable pairs of fiat currencies. Why only these two ? According to Revolut team, these were most desireable ones from their community, but they won’t stop here, because flow of requests for other cryptocurrencies to be added to the list.
— Revolut (@RevolutApp) May 24, 2018
“With hundreds of thousands of customers now actively exchanging Cryptocurrencies in the app, the popular view was that we needed to add more digital currencies in addition to Bitcoin, Litecoin and Ether.”
There is possiblity to send cryptocurrency from one revolut users to others. Most important fact – direct use of Revolut card with cryptocurrencies. It works simply, they deduct the fiat value from cryptocurrency using the real exchange rate the moment Revolut card was used using cryptocurrency as payment.
“If you have not topped up your Revolut account in fiat currency but have Cryptocurrency in your wallet, you can pay for your morning coffee or metro ticket in Cryptocurrency!”
They charge 1.5% of fee only for transactions, fees will be already summed up in price, so no need to worry about hidden surprises.
They say Revolut is now fastest and easiest way to buy mentioned coins
The big con, there is no possibility to transfer cryptocurrencies directly to Revolut from external sources because of strict regulations about “e-money”.
Let’s hope sooner or later this won’t be an issue in the future.
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