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Author Topic: [2018-05-26] 2 Million Revolut Customers Get More Cryptocurrency Access  (Read 22 times)
DeadCoin
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May 25, 2018, 11:51:16 PM
 #1

https://news.bitcoin.com/2-million-revolut-customers-get-more-cryptocurrency-access/

Revolut Adds Bitcoin Cash and Ripple to its Crypto Offerings

In a series of questions and answers format for their unconventional press release this week, the company asked itself “Why did you only add XRP and BCH?” The answer was “Simple – these were the two most popular cryptocurrencies our community wanted, so we rolled up our sleeves and made it happen.” They went on to stress how they’re looking to do even more crypto-related service in the future, asking customers “make some noise and let us know what you want us to add next. We’ll take care of the rest.”

2 Million Revolut Customers Get More Cryptocurrency Access

London’s Revolut kept its promise. Following eager anticipation of its initial embrace of three cryptocurrencies (BTC, ETH, LTC), and successful implementation, the skyrocketing financial technology company announced this week it is now implementing bitcoin cash (BCH) and ripple (XRP) to its basket of cryptos.

The three year old digital bank has a popular prepaid debit card, peer-to-peer payments platform, and both currency and cryptocurrency exchanges for its two million customers. To stay competitive, Revolut operates a loss leader fee structure for many of its services (free). Its proprietary application allows fiat-to-crypto in over two dozen government currencies, serving over 100 countries worldwide. The company’s backend transactions are managed by crypto exchange heavy Bitstamp.


A great news. What do you think on it?

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May 26, 2018, 12:05:38 AM
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No deposit or withdrawal of crypto though. I guess that suits for many of their customers but in that case all they're looking for is fiat gains which to be fair is what most people who can access private keys are after too.

I wonder who or what is in charge of looking after their actual coins and where they're buying and selling them to fulfil customer requests.

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