Revolut Crypto | an Innovative Digital Banking with a Crypto Exchange Business
Revolut Crypto: independently, Revolut is an innovative digital banking platform that offers cryptocurrency exchanges via an advanced mobile app.
The company offers a wide range of money transfers, current accounts with other of their specified services.
Lots of popularity was gained due to the large fee-free money transfers Revolut offers.
In August 2020, there was a decrease in the free international exchange limit, which rated from €5000 to £1000, in addition to the weekend fees.
Revolut is no longer offering free international payments because in early 20121they made an announcement that Revolut will merge with their cross-border and transfer, and swift transfers.
Over fifteen million personal customers are members of Revolut. The company’s services are available to legal individuals all over the European Economy Area (EEA), Australia, Japan, Singapore, Switzerland, United Kingdom, and the United States.
Revolut remains a convenient and practical banking service offered, which is more useful for traveling, card services Etc., despite the company’s fee hikes which took place in 2020 and 2021.
Revolut Crypto: Cryptocurrency Exchange and Conversion.
The platform enables you to exchange both local and fiat currencies into popular currencies like BTC, ETH, DOGE, Etc.
Moreover, when using Revolut your exchanges will be fast, convenient, and simple, when in comparison to other methods for exchange.
Additionally, you should note that cryptocurrencies are very volatile, therefore, be assured to know the risks before you purchase them.
How can you be notified about price volatility?
Whenever the price of your cryptocurrencies moves up to 2% and above, you will receive an automated price volatility alert.
If you are unaware of how to turn on the alert, the process is simple.
You just have to go to your settings (if you possess the Revolut app) in the “profile”, inside the “privacy” to enable the “crypto volatility access.
Revolut Crypto: How to send Cryptocurrency on Revolut.
To send a friend a crypto coin or currency on Revolut, you just need to follow the steps below.
1. On the Revolut app, click on the payment tab
2. Select one of your Revolut friends
3. Input the amount of currency you will like to send
4. From the drop-down, pick the cryptocurrencies
5. Finally, click on the send button, instantly they will receive the crypto alert credited in their Revolut wallet’s account.
While using the Revolut wallet, you won’t be able to transfer or accept currencies from an external wallet. However, buying, selling, and exchange activities can take place in the Revolut platform.
How does the Exchange of Cryptocurrencies Happen Instantly?
On the Revolut platform are there possibilities for an exchange of a fiat currency to a popular currency within seconds?
At first, your transactions will migrate to a pending state in the app, and then they are responsible for the recommendation of your transactions exchange.
Immediately your transactions or exchange is confirmed within the Revolut platform, the currency price will be locked in to be updated and complete.
Cryptocurrency Supported By Revolut
Would you like to know cryptocurrencies that are supported by Revolut? If so, below are listed some of them.
- Bitcoin (BTC)
- Bitcoin Cash (BCH)
- DogeCoin (DOGE)
- Etherium (ETH)
- Litecoin (LTC)
- Ripple (XRP)
- Stellar (XLM)
- OMG Network (OMG)
- Ox (ZRX)
- Tezos (XTZ)
- Bancor (BNT)
- Cardano (ADA)
- File Coin (FIL)
- Loopring (LRC)
- Numerai (Numerai)
- Synthetix (SNX)
- The Graph (GRT)
- Orchid (OXT)
- Universal market Access (UMA)
- Uniswap (UNI)
- Cosmos (ATOM)
- Yearn Finance (YFI)
- New Kind of Network (NKN
- Matic (Matic)
- Algorand (ALGO)
- Celo (CELO)
- Band (BAND)
- Chainlink (LINK)
- Tellor (TRB)
- Aave (AAVE)
- Compound (COMP)
- Curve Finance (CRV)
- Sushi (SUCHI)
For more updates on Revolt crypto, I suggest you visit the official site.
For any questions on this article, you are free to drop your comments in the comment sections below.
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