Technology

Revolut will start withdrawing Bitcoin with more tokens in the near future

Fintech in London Revolut Has started withdrawing Bitcoin and said it will add more tokens in the near future. This allows Revolut to offer currency exchange without hidden fees such as cryptocurrencies or gold.

The company has more than 15 million customers and 500,000 business customers out of 35 Country, There are 100 million transactions per month. We also offer 30 in-app currencies for exchange.

Soft launch gets verification

Meanwhile, the company immediately deleted the announcement post, Altfi I captured the announcement post.

A Revolut spokeswoman confirmed the announcement in an email to Forbes and said: Unfortunately, the blog was a little too early. “

A Revolut spokesperson also acknowledged that the schedule error sent the announcement earlier than planned.

A spokeswoman said Revolut will start offering Bitcoin withdrawals next week and will add tokens and upgrades in the future. Currently, mobile apps allow users to buy and sell 22 different cryptocurrencies.

BTC withdrawals are not available on PayPal and Robin Hood

This makes Revolut one of the leading cryptocurrency mobile apps offering Bitcoin withdrawals. Neither PayPal nor Robinhood currently allow withdrawal of cryptography.

PayPal has recently joined the battle by offering cryptocurrency transactions, including allowing users to buy Bitcoin directly from PayPal. Venmo, a popular mobile payment service owned by PayPal, currently offers crypto trading. However, users cannot withdraw the encryption from the mobile app.

The additional features have already pleased some Revolut users, who said, “I just got access to the decryption feature of the Revolut app and it’s working pretty well. The only thing I say they have to change. That’s the three maximum addresses. It’s bad to use the same address multiple times in BTC. 9 out of 10 and certainly a step in the right direction. “



https://www.uktech.news/news/revolut-launches-bitcoin-withdrawal-with-more-tokens-to-come-in-near-future-20210505 Revolut will start withdrawing Bitcoin with more tokens in the near future

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