According to the Business Insider, Bitcoin, which is currently the most widely accepted cryptocurrency has been in existence since 2009. In just 10 years of existence, the entire world has been literally rocked to its core by the activities of blockchain enthusiasts, crypto currency and affiliated businesses. In the space between those ten years, there has been a lot of work done in the crypto-sphere; new ways of leveraging the potential of blockchain arose and what makes it even more amazing is that we're still considered as early adopters. Currencies like Ethereum, Steem, Ripple etc. all came into existence within that ten year period and each of these tokens represent some sort of value within their blockchain, liquidity and most importantly, are means of transaction.
One major issue with the world of crypto has been adoption. The challenge has been basically about how we can inject them into our daily lives, whether it be through paying for online services or making ATM withdrawals(directly converting to fiat) etc, there is a prevalent need for this sort of service that will take crypto to the next level and cut out the sneaky banks.
“We need banking but we don’t need banks anymore. Do you think someday we can open bank account or ask for loan without physically have to come to the bank?”-Bill Gates, 1990
We’re here for those who refuse to settle. Who never stop moving forwards. Who continue to search for new ideas and better experiences in everything they do.
Because today’s hyper-connected world deserves a financial partner just as progressive.One that adapts to your needs, gives you control and constantly pushes you into new exciting spaces. Global spending and transfers without rubbish exchange rates. Whether you’re running a business or running out for bread, Revolut is building a global bank to suit your lifestyle. Welcome to a world Beyond Banking. Welcome to Revolut. (source)
Revolut was launched in July, 2015. The platform was created to open a portal that seamlessly injects crypto into our daily lives. Revolut is next level banking and is already used in many countries as a payment solution with crypto currency as the legal tender.
Revolut developed a crypto asset management platform that facilitates utilisation of crypto currencies through a seamless exchange. The platform developed a crypto-debit card and a mobile phone app that can be used for typical transactions.
Note: Revolut services is limited to some countries, you can click here to check if your country is available
If you've confirmed your country's available, you can create a free account in a minute. Below is an instructional video that explains the process
Here are some of the services offered by Revolut
Here are the types of accounts and their benefits
Summary:
Revolut is a brilliant way of leveraging cryptocurrencies and implementing them into our lives. Sadly, their services aren't available in my country and seems to be restricted to users in Europe but I guess as time goes on, more countries will be included. The charges are fair and flexible for both low and high spenders.
DISCLAIMER
This is not financial advice, nor a guarantee or promise in regards to any result that may be obtained from using the above content. The information provided here is for informational and entertainment purposes only. It should not be considered as financial and/or investment advice. No person should make any kind of financial decision without first consulting their own financial adviser and/or conducting their own research and due diligence.
