06 Dec '17, 2pm

Revolut now lets you cheaply trade Bitcoin, Litecoin, and Ethereum

Revolut now lets you cheaply trade Bitcoin, Litecoin, and Ethereum

UK banking startup Revolut has entered the cryptocurrency space. The challenger bank just announced it will let customers buy, trade, and exchange three major cryptocurrencies — Bitcoin , Litecoin, and Ether — in a range of major fiat currencies. Trades and purchases take place within the existing Revolut app. Crypto can be traded in 25 currencies, including Swiss Franc, Polish Zloty, Hungarian Forint, and British Pounds. Although Revolut is based in the UK, there are no additional foreign exchange fees for using currencies other than Sterling. The company plans to charge a 1.5 percent flat markup on all transactions between crypto and fiat currencies. Revolut promises to be cheaper than the competition, who often charge between five to nine percent on transactions, through hidden fees and charges. The news comes at an interesting time for Revolut. The company has moved pa...

Full article: https://thenextweb.com/cryptocurrency/2017/12/06/revolut-...

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by @paulvigna @paulvigna, @telisdemos & @rudegeair

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