Revolut adds BCH support
Revolut is an online financial platform in the UK that provides traditional banking services and cryptocurrency transactions. Because of its convenient registration, currency exchange, and no handling fees for offline withdrawals, it has rapidly spread globally. By 2020, Revolut's registered customers have exceeded 13 million.
Six weeks ago, Revolut launched a new trading platform in the United States, which initially supported Bitcoin (BTC) and Ethereum (ETH).
After Revolut's new digital currency trading system was launched in the United States, the company added support for Bitcoin Cash and Litecoin. In addition to the initial support of Bitcoin and Ethereum, the trading platform provides Revolut users with a total of four different digital assets (BTC, ETH, BCH, LTC) for users to purchase, store and sell.
Revolut has now added Bitcoin Cash (BCH) and Litecoin (LTC) support to the list of digital assets listed by the exchange. Revolut said that this is to achieve the need for users to easily exchange digital assets with the push of a button. This can be achieved through BCH.
Revolut has 13 million customers worldwide, of which approximately 1 million users conduct regular transactions. The company detailed in its support statement for BCH and LTC: "The monthly digital currency transaction volume reaches hundreds of millions of dollars." In addition, the company said that its digital currency business adds about 5,000 registered users every day.
The company emphasized that its goal is to build a financial super application. "Provide customers with checking accounts, budget tools and instant P2P payments," Bitcoin Cash fully meets Revolut's requirements and naturally meets the needs of users and trading platforms. At the same time, Revolut also allows users to consume and transfer funds using real-time exchange rates based on 28 different legal currencies.
For BCH, this is a huge market with a new volume of 13 million. BCH will meet with more than 13 million users in the future, and a huge cake of hundreds of millions of dollars in monthly transactions.
