In the heady days of 2017, Revolut Ltd promised it would continue to add cryptocurrency choices for its customer base. The future promise was made after its rollout of onboarding bitcoin core (BTC), litecoin (LTC), and ether (ETH) to eager users. Just this week, the England-based company made good by further adding bitcoin cash (BCH) and ripple (XRP).
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Revolut Adds Bitcoin Cash and Ripple to its Crypto Offerings
In a series of questions and answers format for their unconventional press release this week, the company asked itself “Why did you only add XRP and BCH?” The answer was “Simple – these were the two most popular cryptocurrencies our community wanted, so we rolled up our sleeves and made it happen.” They went on to stress how they’re looking to do even more crypto-related service in the future, asking customers “make some noise and let us know what you want us to add next. We’ll take care of the rest.”
London’s Revolut kept its promise. Following eager anticipation of its initial embrace of three cryptocurrencies (BTC, ETH, LTC), and successful implementation, the skyrocketing financial technology company announced this week it is now implementing bitcoin cash (BCH) and ripple (XRP) to its basket of cryptos.
The three year old digital bank has a popular prepaid debit card, peer-to-peer payments platform, and both currency and cryptocurrency exchanges for its two million customers. To stay competitive, Revolut operates a loss leader fee structure for many of its services (free). Its proprietary application allows fiat-to-crypto in over two dozen government currencies, serving over 100 countries worldwide. The company’s backend transactions are managed by crypto exchange heavy Bitstamp.
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