Revolut App Will Now Support Bitcoin, Ether, and Litecoin

Revolut App

Revolut, a UK based mobile baking startup company, has just announced that they will be adding ether and Litecoin trading to their app.

Back in July of this year, they completed a $66 million Series B round, after the announcement to integrate Bitcoin support on their platform.

Nikolay Storonsky, the CEO, announced to TechCrunch that these trades will all be live on Thursday.

If a user of the app runs out of fiat currency while making a specific payment, the app is set to automatically change the suitable amount of cryptocurrency to make up for the shortfall.

Their CEO believes that their new integrations will help introduce its users to the digital currency market, saying “despite being one of the hottest trends in the world right now, getting exposure to cryptocurrency has notoriously been time-consuming and expensive.”

The Revolut app is currently partnered with Mastercard offering card payment services and the app’s foundation is digital banking. It currently supports 25 fiat currencies, which users will be able to purchase the cryptocurrencies’ with.

Abra, was the first mobile payment app to announce their cryptocurrency expansion. Last Tuesday, they released that will now add support to the cryptocurrency Ether, on their platform. Revolut, will be the only app to support three major cryptocurrencies.

Featured Image: twitter

Chelsea Roh is a freelance content writer living in Vancouver, BC. Her current focus is cryptocurrency, financial analysis and blockchain technology. In addition to content writing, she is an experienced Social Media Manager/Strategist. Before moving to Canada, she spent 10+ years marketing and working hands on in the medical practice industry.