Digital
Bank Revolut Expands Crypto Support
Digital bank Revolut has
announced it added support for four more cryptoassets for its customers based
in the European Economic Area (EEA). The cryptoassets are EOS, OMG Network
(OMG), 0x (ZRX), and Tezos (XTZ).
The EEA is made up of the
Member States of the European Union (EU) and three countries of the European
Free Trade Association (EFTA) (Iceland, Liechtenstein, and Norway; excluding
Switzerland). Revolut was founded in 2015 in London and launched crypto
trading in late 2017.
The initial cryptoassets Revolut
allowed users to buy, sell, or hold were bitcoin, ether, and litecoin. Their
initial blog post promised: “No exchanges. No private keys. No cold storage.
Just tap a button and get immediate exposure to Bitcoin, Litecoin, and
Ether.”
Revolut’s service does not
allow users to transfer their crypto to external wallets.
