Revolut Makes Its Way To The U.S.A.
Greg Boudonck/InvestingOnline.com
23/04/2018, 17:31We had written a review of the banking and crypto trading site called Revolut. At the time of writing it, the client base was in Europe mainly, but Revolut has now crossed the Atlantic and landed in the United States.
What You Get At Revolut
Essentially, this is a cost efficient banking system that is monitored and regulated by the FCA. Some of the benefits of opening an account at Revolut are:
- Free spending anywhere in the world when you use your Revolut debit card. And Revolut takes care of the exchange rate for you.
- You can also set up a vault where you can round up your spending and it will be into your vault savings.
- Hold various currencies. Revolut supports the U.S. dollar and 25 other world currencies.
- Free money transfers.
- You can buy, hold and trade Bitcoin, Ether and Litecoin and much lower rates than others.
Send money instantly. - Invoicing.
Revolut Has Established Trust
Being a Fintech company that was launched in 2015, Revolut has processed over $7 Billion in transactions.
Pay Anywhere With Cryptocurrency
Even places that do not accept cryptocurrency as a payment method will happily accept your crypto payment if you are an account holder at Revolut.
How?
Because Revolut will issue you your personal debit card which means you can pay from your fiat money or your cryptocurrency holdings.
Lower Exchange Rates
When exchanging cryptocurrency, Revolut charges a flat 1.5% which is extremely lower than most other exchanges. Plus, Revolut holds all account holder’s crypto funds in off-line cold storage wallets. This ensures your crypto funds cannot be hacked and stolen from the Revolut system.
Conclusion
For those of you paying high banking fees and cryptocurrency exchange rates and living in the United States, you now have a more cost efficient way that is safe and secure… Revolut.
You can visit your Google Or Apple App store and download Revolut to start using it today.
Finally… Competition for the big banks.
