Application of mobile banking now has Revolut allows users to buy, sell, and hold money-XRP and bitcoin Ripple.
The addition of litecoin and trade company ether in December 2017, and bitcoin last July, the company said in a blog posting that "after months of debate and hard work," users can exchange one of the 25 currencies Fiat supported crypto offerings for five.
In a recent posting, application explaining the reasons to choose Revolut-XRP and BCH in particular, and said they were "two of the most popular cryptocurrency our community wants." However, it remains open to adding more options in the future if users make enough "noise."
Revolut application also allows users to use cryptocurrency in recharge their debit card with crypto, by saying, "we will only reduce the value of fiat from cryptocurrency you are using the real exchange rate when you pay with the card You Revolut. "<
for the purchase of cryptocurrency, the application of markup costs need Revolut 1.5 percent on "exchange rates, on average," which is obtained by using the price directly from Exchange partners. Further, while the user can send cryptocurrency to other users using the payment option, the company says that they may not directly transfer them into or out of the application because of "tight regulation."
Step in u.s.-based applications provider offers a cryptocurrency service comes after the completion of the series B funding totaling $66 million last summer. Index Ventures, an investor in the startup BitPay and crypto Xapo, and Balderton Capital and Ribbit Capital took part in this round.