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Revolut Launches New Cryptocurrency Service In Singapore

Revolute despite the difficulty of the crypto downturn, the company has revealed its crypto service in Singapore.

Many Ways To Buy And Sell Crypto On Revolut’s Platform

On Revolut, there are more than one way to buy and sell digital assets. The customers are allowed to set a stop or limit order as it would mean that they will not be required to time the market.

Customers can also use the Recurring Buy feature to average out the volatility in the market. Buyers and sellers will also be able to round up spare change of token of their liking.

Emil Urmanshin, Crypto General Manager at Revolut mentioned that there will be a lot of advantages on their platform.

Trying to navigate your way around traditional exchanges can be incredibly complex, and this process can often exclude people from getting access to cryptocurrency. With Revolut, customers can easily exchange fiat currencies to their choice of cryptocurrencies with the tap of a button.

He said

Revolut allows investors to hold, buy and sell more than 80 tokens through its app. the company intends to focus on market trends along with the risks associated with cryptocurrency trading.

In addition, Revolut has also gained considerable popularity during the Pandemic, which has increased its customer base sixfold and also helped the company double its revenue last year.

Besides that, the company also plans to increase their headcount by 20%.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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