Revolut Reinforces Superapp's Crypto Offering with 22 New Tokens

Revolut Reinforces Superapp's Crypto Offering with 22 New Tokens

Foto: Depositphotos

Revolut, the financial app with 20 million customers worldwide, announced another push to the platform's investment offering with the release of 22 new crypto tokens. Revolut's Crypto offering reaches 80+ cryptocurrencies supported in the app with these new additions, which represents a growth of x8 times compared to the beginning of the year 2021.

The new crypto announced are available for customers in the UK and EEA, includes the Metaverse token APE, two DeFi tokens, REQ, ETC. There is also a robust collection of other tokens including CLV, FORTH, AVAX, SAND, GALA, AXS, JASMY, ENS, DASH, FLOW, IMX, CRO, IDEX, REN, SPELL, PERP, BICO, COTI, MLN.

"This is another big year of crypto, and we've given a big boost to our offering while empowering people to take more control of their finances and giving them safe access to new tools and services being built in crypto the space", said Emil Urmanshin, Crypto General Manager at Revolut.

Revolut offers a wide range of financial products through its financial superapp, and crypto is an increasingly popular feature. There are several ways to buy and sell crypto on Revolut: customers can set up a stop or limit order so they don't have to time the market or use the Recurring Buy feature to average out volatility. Customers can also round up spare change during their daily shopping and put it aside in the cryptocurrency of their choice.

„All crypto tokens are available to customers in all plans, and Standard customers can update to paid plans to lower commissions if they are interested. Customers can invest in crypto tokens from 1€. For customers in Metal plan in the UK, Revolut has released a beta program for BTC withdrawals. Revolut is exploring ways to introduce crypto withdrawals in Europe to allow customers to send out their tokens from Revolut to external wallets and exchanges“, according to Revolut.

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