Fun

Revolut Adds Bitcoin Cash and Litecoin Support for US Customers

News Feed - 2020-09-01 10:09:56

Revolut Adds Bitcoin Cash and Litecoin Support for US Customers


Following the launch of Revolut’s new crypto exchange in the U.S. the company has added bitcoin cash and litecoin support. Alongside bitcoin and ethereum support, the trading platform’s added coins provide Revolut users with the ability to buy, store, and sell four different digital assets.


Six weeks ago, Revolut launched a new exchange in the United States and initially, the platform supported bitcoin (BTC) and ethereum (ETH).


Today Revolut has added bitcoin cash (BCH) and litecoin (LTC) support to the exchange’s roster of listed crypto assets. Revolut says the trading platform frictionlessly allows users to swap digital assets at the tap of a button.


Revolut has 13 million customers worldwide and roughly a million users are trading on a regular basis. “Monthly crypto volumes are in the hundreds of millions of dollars,” the firm detailed during the BCH and LTC support announcement.


Moreover, the company says that around 5,000 daily signups are attributed to its crypto service.


“At Revolut we pride ourselves in being a customer-obsessed brand,” Edward Cooper, Head of Crypto at Revolut said. “Since we launched our crypto offering in the States, we had swarms of customers requesting that we add Bitcoin Cash and Litecoin to the product. So, we took notice, got straight to work, and were able to deliver in just four weeks.”


The company highlighted that it aims to construct a financial super application that “provides customers with a checking account, budgeting tools, instant P2P payments.”


Revolut also allows users to spend and transfer the funds using a real-time exchange rate based on 28 different fiat currencies.


“I have said this before, but crypto has traditionally been inaccessible to the average consumer,” Cooper concluded.


“Traditional exchanges can be clunky and confusing, which immediately puts a lot of people off. We have built a platform that gives you exposure to the world of digital currencies at the tap of a button, and that’s the way it should be,” the Revolut Head of Crypto executive added.


What do you think about Revolut adding bitcoin cash and litecoin? Let us know in the comments section below.Akon Unveils Major Details of $6 Billion Cryptocurrency City: Real-Life WakandaNEWS | 2 hours agoWarren Buffett Shifts Funds From US Amid Inflation Fears, Bitcoin"s New All-Time High ExpectedNEWS | 4 hours agoTags in this storyBCH, Bitcoin, bitcoin cash, BTC, Digital Assets, Edward Cooper, Ethereum, Exchanges, litecoin, LTC, Revolut, Revolut Exchange, support, trading, US Exchange


Image Credits: Shutterstock, Pixabay, Wiki CommonsUse Bitcoin and Bitcoin Cash to play online casino games here.Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.Read disclaimerShow comments

News Feed

Gareth Jenkinson29 minutes agoGensler testimony — Crypto enforcement actions driven by “wide-ranging noncompliance”SEC Chair Gary Gensler is set to highlight a new focus on AI, predictive data analytics and the cry
‘Bitcoin Beats Gold on Every Single Measure,’ Says Macro Strategist Raoul Pal
"Bitcoin Beats Gold on Every Single Measure," Says Macro Strategist Raoul PalGlobal Macro Investor CEO Raoul Pal has explained why he believes bitcoin is better than gold in every w
Why is XRP price up today?
Yashu Gola10 hours agoWhy is XRP price up today?Institutional inflows are primarily driving XRP alongside the rest of the crypto market today, with increasing whale holdings furthering the bullish outlook.666 Total views
William Suberg9 hours agoBitcoin traders hope $27K holds as BTC price ignores volatile US dollarBitcoin looked like a stablecoin compared to the U.S. Dollar Index on Oct. 4, with BTC price levels of interest close to the
Israeli Regulator Designates Utility Tokens Issued by Companies as Securities
Israeli Regulator Designates Utility Tokens Issued by Companies as Securities The Israel Securities Authority (ISA) recently ruled that utility tokens issued by
Bitcoin eyes $58K CME gap next as 8% BTC price rout sees longs 'rekt'
William Suberg7 hours agoBitcoin eyes $58K CME gap next as 8% BTC price rout sees longs "rekt"BTC price weakness takes the market below $59,000 for the first time since mid-July as "relentless" Bitcoin selling
US Regulator Charges South African MTI and Its Operator With $1.7 Billion Fraud Involving Bitcoin
US Regulator Charges South African MTI and Its Operator With $1.7 Billion Fraud Involving Bitcoin The U.S. Commodity Futures Trading Commission (CFTC) has charged Mirror Trading In
Restaking protocol EigenLayer flips Aave with $10.4B total value locked
Jesse Coghlan3 hours agoRestaking protocol EigenLayer flips Aave with $10.4B total value lockedEigenLayer is now the second-largest DeFi protocol behind Lido after taking Aave’s spot.640 Total views2 Total sharesListen
Meta Announces 10,000 Layoffs in ‘Year of Efficiency’ Move; Singles Out AI Over Metaverse as ‘Largest Investment’
Meta Announces 10,000 Layoffs in "Year of Efficiency" Move; Singles Out AI Over Metaverse as "Largest Investment" Meta, the social media company, will continue to shed part of its
Ripple breaks ground in Japan, SBI Group to use XRPL for supply chain solutions
Gareth Jenkinson16 minutes agoRipple breaks ground in Japan, SBI Group to use XRPL for supply chain solutionsRipple has partnered with HashKey DX to introduce XRP Ledger-based blockchain solutions to the Japanese market.
IRS Expects to Seize Billions of Dollars in Cryptocurrency Next Year — More Than $3.5 Billion in Crypto Seized This Year
IRS Expects to Seize Billions of Dollars in Cryptocurrency Next Year — More Than $3.5 Billion in Crypto Seized This Year The Internal Revenue Service (IRS) has revealed that $3.5
US Senator Introduces ‘No Digital Dollar Act’ to Prohibit Treasury and the Fed From Interfering With Americans Using Paper Currency
US Senator Introduces "No Digital Dollar Act" to Prohibit Treasury and the Fed From Interfering With Americans Using Paper Currency A U.S senator has introduced the “No Digi