Revolut is a UK-based banking and digital payment application that has been operational since 2015. The application has been steadily working towards its goal to become the most popular money transferring solution for UK and EU customers. Recently, the application’s management has started to list digital assets on the available payment options for its 15 million users.
The act has started a pound and euro fiat flowing trend into digital assets. In a recent public briefing, the company has announced that it has added eleven new digital tokens to its platform. These 11 tokens include ADA, UNI, SNX, YFI, UMA, BNT, FIL, LRC, NMR, GRT, and OXT. These tokens are decentralized and possess unique features that set them apart and provide the investors with a massive diversity.
Where is the Revolut Heading with its Massive Crypto Listing Plans?
The recent addition of 11 more digital tokens has allowed the platform to offer 40 plus different digital tokens. This number seems small for a crypto exchange platform; however, for an EU market, this is a great step forward in the digital asset transition. The trading platform allows its consumers to settle payments with cryptocurrencies and transfer them to other countries by converting them into as many as 28 fiat currencies. It should be noted that Revolut is the fastest-growing enterprise in Europe, Middle East, Africa offering fintech solutions as per Deloitte’s fast 500 Europe contest.
Four months ago, the company added four major Ethereum challengers to its listings: EOS, OMG, ZRX, and XTZ. All of these third-generation blockchains are said to be the biggest competitors and alternatives for digital silver. The current crypto to fiat exchange rate allows users to save as much as 8% per transaction. The company declares that the recent expansion of 11 new crypto alternatives is due to consumers’ popular demand.
Massive Altcoin and BTC Monster Rally Coming Up
Most investors and crypto enthusiasts are undermining the upcoming Altcoin and Bitcoin Monster Rally. This comment was made by Aaron Arnold on his YouTube channel. Arnold is the co-founder and host of popular crypto tabloid Altcoin Daily. He was addressing his followers on the latest episode of his cryptocurrency series. Arnold believes that BTC is on the verge of a significant breakout in coincidence with its post nine months bloom after 2013 and 2017 bull markets.
According to Arnold, Bitcoin is very likely to go full circle on its current bull wave, and the altcoins are going to rally behind it steadily. He further added the public listing of services like Coinbase and Kraken is just the beginning of the new ‘tokenomics.’ In the coming months, more digital currency exchanges and services are going to become public trading companies. He further added that the government would enter into a power struggle with digital assets but the hack-free and 100 percent decentralized Bitcoin is very likely to survive the crackdown.