Revolut Adds 11 New ‘Hot’ Cryptos Including DeFi Tokens for UK and EU Users
London-based Fintech company, Revolut has announced support for eleven new cryptocurrencies, including popular DeFi tokens.
The cryptos selected are the result of the digital banking service provider “tracking hot tokens and top movers.”
Now Revolut’s UK and EU users can trade Cardano (ADA), Uniswap (UNI), Synthetix (SNX), Yearn Finance (YFI), Uma (UMA), Bancor (BNT), Filecoin (FIL), Numeraire (NMR), Loopring (LRC), Orchid (OXT), and The Graph (GRT).
“Revolut is moving much faster than PayPal and Square. Let the race begin!” noted Spartan Black, a partner at crypto fund The Spartan Group.
According to its website, the majority of crypto funds are held in cold storage with custodians.
The app has constantly been expanding to new markets, with its Revolut Business going live in the US last month, and the same month they launched Revolut Bank in 10 new European markets.