Revolut adds 11 new tokens and calls 2021 ‘the year of crypto’

Apr 8, 2021 | The Block News | 0 comments


London-based neo-bank Revolut announced Thursday that it has added the option for users to buy and sell 11 more crypto-tokens, bringing the total number of digital coins it lists to 21. 

“2021 is the year of crypto at Revolut,” the firm said in an email sent to customers Thursday, adding that the 11 additions are “some of the hottest coins in crypto right now.”

The new list includes Cardano, Uniswap, Synthetix, Yearn Finance, Uma, Bancor, Filecoin, Numeraire, Loopring, Orchid, and The Graph. The coins the platform had already supported are Bitcoin Cash, Ethereum, Litecoin, Ripple (XRP), Stellar (XLM), EOS, OMG Network (OMG), Tezos (XTZ), and 0x (ZRX). 

As of 2019, Revolut customers — which now include people in more than 35 countries — held more than $120 million in cryptocurrency. Revolut’s U.S. customers, who can trade crypto thanks to the neo-bank’s partnership with Paxos launched last year, can only access Bitcoin, Bitcoin Cash, Ethereum, and Litecoin.

The large addition of new tokens — a mixture of currencies native to trendy blockchain projects and coins associated with more obscure projects that have been around for years — reflects the recent trend of popular fintech platforms adding crypto features

© 2021 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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