Revolut merges mobile banking with cryptocurrency trading

Revolut is merging traditional #banking and cryptocurrency to let you buy, sell, trade, and hold Bitcoin, Litecoin, and Ether alongside 25 world fiat currencies. The $90 million-funded #mobilebanking startup is trying to erase the divide between old and new money.!

When the feature opens up to all users Thursday, Revolut promises to offer the most competitive rates on #crypto #transactions, charging only a flat, up-front 1.5 percent without other hidden fees that can add up to 5 percent to 9 percent on other platforms. Customers will be able to buy through all of Revolut’s base currencies so there’s no need for extra foreign exchange fees if you want to buy in Swiss Francs, for example.