Revolut Reveals Worldwide Expansion of Crypto App Featuring Bitcoin, Ethereum, XRP, Litecoin and Bitcoin Cash
Digital payment unicorn Revolut is expanding at a rapid rate and plans to bring its app featuring Bitcoin, Ethereum, XRP, Litecoin and Bitcoin Cash to a massive pool of new customers worldwide.
Revolut says it’s planning to fully launch in the US, Canada, Singapore, Hong Kong, Australia and New Zealand in the next few months.
The London-based company was created to disrupt traditional banking and is now one of the fastest growing fintech platforms in the world. The app allows customers to to make instant transfers across borders at the interbank rate in more than 120 countries and over 130 currencies, saving customers as much as eight percent.
Revolut says it’s now signing up more than 6,000 new customers a day, with over two million customers worldwide.
The company just crossed one million customers in the UK alone.
😲 Incredible – 1m customers in the UK already! 🇬🇧 pic.twitter.com/D2Hhd1pHu6
— Revolut (@RevolutApp) July 5, 2018
According to Revolut, its customers have made over 125 million transactions with a total transaction volume of $18.5 billion, saving $740 million in fees in the process.
Revolut implemented cryptocurrency in December, allowing customers to buy, hold and sell crypto instantly from within the app. In May, the company added XRP and BCH to its suite of cryptos.
Crypto deposits and withdrawals are currently not part of the platform.
Comments 1
Richard Mullens
Jul 11, 2018Just another bank if you can’t take ownership of your crypto.