Revolut Adds Bitcoin Cash and Ripple Trading, Raises $250 Million
- The fintech firm will also be releasing a new cryptocurrency-enabled debit card.
Mobile phone-based bank Revolut is now offering Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term Cash and Ripple trading, according to Global Coin Report.
Revolut is a fintech firm that was founded in July 2015 in London. It describes itself as a "digital banking alternative", offering a pre-paid debit card, a cross-border money transfer service, and a cryptocurrency exchange.
Its cryptocurrency transactions are made available via its partnership with Bitstamp, a Luxembourg-based cryptocurrency exchange which is actually the oldest in the world.
Revolut previously offered only Bitcoin, Litecoin, and Ethereum. Cryptocurrency can be purchased on the Revolut app with 120 different fiat currencies.
Bitcoin Cash is a spin-off of Bitcoin and has a market capitalisation of almost $25 billion. Created by the controversial Roger Ver, it was designed to be more streamlined for everyday use than its parent.
Ripple is worth nearly $25 billion. It is more of a payment system than a currency, and has been adopted by financial institutions worldwide. It recently released its latest market report, in which it claimed a market share that doubled between November 2017 and March 2018.
According to Bloomberg, Revolut is now worth $1.7 billion after raising $250 million in its latest round of fundraising. It plans to use the money to expand to a number of new jurisdictions this year, and it also intends to apply for a European banking license. The report says that Revolut wants to increase its customer base from 2 to 100 million by 2023.
Revolut is accustomed to making money from fundraising. It launched with £1.5 million generated in this fashion, followed by £17 million in 2016, and then $66 million in July 2017.
Business Insider reports that the company is also planning a new debit card with a unique feature - CEO Nikolay Storonsky said: "In the next three months we're going to launch Platinum cards — it's a metallic card that allows you to get 1% cash back in Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term and also provides you a concierge service."
Mobile phone-based bank Revolut is now offering Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term Cash and Ripple trading, according to Global Coin Report.
Revolut is a fintech firm that was founded in July 2015 in London. It describes itself as a "digital banking alternative", offering a pre-paid debit card, a cross-border money transfer service, and a cryptocurrency exchange.
Its cryptocurrency transactions are made available via its partnership with Bitstamp, a Luxembourg-based cryptocurrency exchange which is actually the oldest in the world.
Revolut previously offered only Bitcoin, Litecoin, and Ethereum. Cryptocurrency can be purchased on the Revolut app with 120 different fiat currencies.
Bitcoin Cash is a spin-off of Bitcoin and has a market capitalisation of almost $25 billion. Created by the controversial Roger Ver, it was designed to be more streamlined for everyday use than its parent.
Ripple is worth nearly $25 billion. It is more of a payment system than a currency, and has been adopted by financial institutions worldwide. It recently released its latest market report, in which it claimed a market share that doubled between November 2017 and March 2018.
According to Bloomberg, Revolut is now worth $1.7 billion after raising $250 million in its latest round of fundraising. It plans to use the money to expand to a number of new jurisdictions this year, and it also intends to apply for a European banking license. The report says that Revolut wants to increase its customer base from 2 to 100 million by 2023.
Revolut is accustomed to making money from fundraising. It launched with £1.5 million generated in this fashion, followed by £17 million in 2016, and then $66 million in July 2017.
Business Insider reports that the company is also planning a new debit card with a unique feature - CEO Nikolay Storonsky said: "In the next three months we're going to launch Platinum cards — it's a metallic card that allows you to get 1% cash back in Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term and also provides you a concierge service."