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Crypto Markets News

Revolut Launched Revolut Metal Card With Cashback In Cryptocurrency And Fiat Money

Revolut has launched a contactless metal card with cashback in cryptocurrencies for frequent travelers looking for something “beyond the currency exchange.” The card, called “Revolut Metal,” will have a unique design and three times the weight of a regular card. It will offer its users a cash refund of 1% of each transaction carried out outside Europe and 0.1% of each transaction conducted in Europe, with the possibility of receiving the rebate in any of the 25 fiat currencies supported by Revolut or in the five cryptocurrencies, including Bitcoin (BTC).

Customers will also be able to withdraw three times as much cash from any international ATM as a standard user and will have a personal concierge service at their disposal with which to make reservations, from a table in a restaurant to a concert ticket. People who subscribe to this plan will also benefit from real exchange rate currency exchanges and free unlimited international money transfers, 24-hour priority customer service every day, and travel insurance abroad covering medical, dental, flight and lost luggage expenses.

Revolut launched its Revolut Metal card with cashback in fiat money and cryptocurrencies, including Bitcoin (BTC)

Revolut has assured that it will extend the package of this new Revolut Metal plan with exclusive benefits such as reduced rates to international airport lounges, family accounts, unlimited disposable virtual cards, and additional incentives for the commission-free trading platform that the company plans to launch in the upcoming months.

Nik Storonsky, founder and CEO of the Revolut FinTech, has said that he is convinced that the new Revolut Metal card will be “the exclusive card of the future and an absolute necessity for travelers from all over the world.” He also indicated that the launch of Revolut Metal is “an important step” for the company to generate additional revenue, given its desire to expand its business to North America and Asia this year.

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Crypto

Ripple (XRP) And Bitcoin Cash (BCH) Has Been Adopted By The Revolut Cryptocurrency Trading App

Today, May 24th, the UK-based digital banking platform Revolut introduced Ripple (XRP) and Bitcoin Cash (BCH) to its cryptocurrency trading platform via its App. This facility permits customers to convert their fiat currency into cryptocurrency, to leverage their investments with immediate exchanges between fiat, Ethereum (ETH), Bitcoin (BTC), Litecoin (LTC), and, from now on, Ripple (XRP) and Bitcoin Cash (BCH).

“We have been asking the Revolut community what cryptocurrencies they would like to see next and the demand for both XRP and Bitcoin Cash has been absolutely overwhelming.”

Vlad Yatsenko, CTO of Revolut

Cryptocurrency is on track to be the primary banking asset of the future with the rising demands of its customers. Approximately 20 percent of the Revolut users have tried the company’s cryptocurrency facility by now. The company trades more than 100,000 Bitcoin (BTC), Litecoin (LTC), and Ethereum (ETH), on a daily basis.

Ripple (XRP) and Bitcoin Cash (BCH) have been added by Revolut on its cryptocurrency trading platform

The Revolut App is intended to definitively boost the number of clients with the recent implementation of Ripple (XRP) and Bitcoin Cash (BCH), two of the most appreciated and popular crypto coins of the moment.

The Revolut App, a cryptocurrency trading platform, is intended to definitively boost the number of clients with the recent implementation of Ripple (XRP) and Bitcoin Cash (BCH), two of the most appreciated and popular crypto coins of the moment. So by including more popular cryptocurrencies, businesses from the FinTech sector, such as Revolut, will become more reluctant to embrace the blockchain and tokens/coins linked to cryptocurrencies.

At the moment, Revolut has teamed up with Bitstamp, a Bitcoin (BTC) trading operator based in Luxembourg, in order to execute cryptocurrency transactions at a fee of only 1.5% out of the total amount of the transactions to be conducted.

At the moment of this article, Ripple (XRP) is traded at $0.62, increasing by 3.42%, while Bitcoin Cash (BCH) is traded at $1,029, recording a slight increase of 1.69%.

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