Revolut
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Revolut introduces $BNB trading on its platform
#Revolut is expanding its digital services, announcing a $BNB listing for trading on its platform. Now, users can buy or sell $BNB on the Revolut App using fiat currencies or crypto. This listing allows #Binance to tap into Revolut’s 40 million global users to highlight its platform and ecosystem.
Revolut is a fiat banking and card service provider specializing in digital banking, foreign exchange, cross-border payments, international remittances and cryptocurrency trading.
👉 crypto-news-flash.com/revolut-joins-forces-with-binance-lists-bnb-for-40m-global-users/
#Revolut is expanding its digital services, announcing a $BNB listing for trading on its platform. Now, users can buy or sell $BNB on the Revolut App using fiat currencies or crypto. This listing allows #Binance to tap into Revolut’s 40 million global users to highlight its platform and ecosystem.
Revolut is a fiat banking and card service provider specializing in digital banking, foreign exchange, cross-border payments, international remittances and cryptocurrency trading.
👉 crypto-news-flash.com/revolut-joins-forces-with-binance-lists-bnb-for-40m-global-users/
😱🔥Binance Founder CZ Amazed to Learn Revolut Has Listed BNB🤯
Changpeng Zhao (#czbinance ), the founder of Binance, has shared his amazement at the news that Revolut, Europe’s largest unicorn company, has added BNB to its platform.
#BNB is the native utility token of Binance, the largest cryptocurrency exchange in the world. With a global user base of over 40 million, Revolut’s decision to list the Binance Coin or “BNB” is expected to boost its accessibility. The listing will also attract more mainstream users to BNB.
#Revolut Rolls Out Crypto Services Across 30 European Markets
In November, Revolut announced that it has expanded its crypto exchange, Revolut X, to serve customers in 30 additional European countries.
Revolut X offers competitive flat fees, 0.00% for makers and 0.09% for takers, regardless of trading volume, the platform said. Additionally, existing Revolut customers can convert between fiat and cryptocurrency within the Revolut ecosystem.
The company launched Revolut X in May this year, targeting retail customers in the UK.
In August, BNB Chain announced that the BNB Chain Bridge went live, enabling it to interconnect with other blockchains. The new bridge has been launched in collaboration with cross-chain technology providers Celer, deBridge, and Stargate.
CZ, the founder of Binance, has played an important role in driving global crypto adoption. Under CZ’s leadership, Binance developed the token BNB.
#BTCNextMove #MarketPullback
#BNB is the native utility token of Binance, the largest cryptocurrency exchange in the world. With a global user base of over 40 million, Revolut’s decision to list the Binance Coin or “BNB” is expected to boost its accessibility. The listing will also attract more mainstream users to BNB.
#Revolut Rolls Out Crypto Services Across 30 European Markets
In November, Revolut announced that it has expanded its crypto exchange, Revolut X, to serve customers in 30 additional European countries.
Revolut X offers competitive flat fees, 0.00% for makers and 0.09% for takers, regardless of trading volume, the platform said. Additionally, existing Revolut customers can convert between fiat and cryptocurrency within the Revolut ecosystem.
The company launched Revolut X in May this year, targeting retail customers in the UK.
In August, BNB Chain announced that the BNB Chain Bridge went live, enabling it to interconnect with other blockchains. The new bridge has been launched in collaboration with cross-chain technology providers Celer, deBridge, and Stargate.
CZ, the founder of Binance, has played an important role in driving global crypto adoption. Under CZ’s leadership, Binance developed the token BNB.
#BTCNextMove #MarketPullback
🔥🔥🔥 #Revolut Clears Final Hurdle for UK Banking Operations after 3 Years of Efforts
Revolut Secures UK Banking License After Three-Year Wait
- Revolut has obtained its UK banking license from the Prudential Regulation Authority (PRA) after a three-year application process. This license, initially with restrictions, allows Revolut to gradually build its banking operations.
CEO's Remarks and Regulatory Approval
- CEO Nik Storonsky expressed pride in this milestone, aiming to make Revolut the preferred bank for UK customers. The approval follows Revolut overcoming regulatory challenges, including financial reporting issues, with a recent unqualified audit opinion from BDO.
Expansion and Market Presence
- With the UK license, Revolut plans to expand its offerings in its largest market, complementing its existing European banking license from Lithuania. Revolut has around 9 million UK customers and over 45 million globally.
Financial Growth and Workforce Expansion
- Revolut, valued at $45 billion, reported strong 2023 financial results with pre-tax profits of £344 million, up from £6 million in 2022, and revenues nearly doubling to £1.8 billion. The company added over 2,000 employees in 2023, totaling over 8,000.
Future Plans and Valuation
- During the initial "mobilization" phase, Revolut will be restricted to holding no more than £50,000 in total customer deposits, working closely with regulators for up to 12 months. Reports indicate Revolut is nearing a deal to sell $500 million worth of employee shares, potentially valuing the company at $45 billion.
Conclusion
The UK banking license is a pivotal achievement for Revolut, enabling it to expand its operations and solidify its position in the global fintech industry. With strong financial growth and a growing customer base, Revolut is poised for continued success.
Source - financemagnates.com
#CryptoTrends2024 #BinanceSquareTalks #CryptoMarkets
Revolut Secures UK Banking License After Three-Year Wait
- Revolut has obtained its UK banking license from the Prudential Regulation Authority (PRA) after a three-year application process. This license, initially with restrictions, allows Revolut to gradually build its banking operations.
CEO's Remarks and Regulatory Approval
- CEO Nik Storonsky expressed pride in this milestone, aiming to make Revolut the preferred bank for UK customers. The approval follows Revolut overcoming regulatory challenges, including financial reporting issues, with a recent unqualified audit opinion from BDO.
Expansion and Market Presence
- With the UK license, Revolut plans to expand its offerings in its largest market, complementing its existing European banking license from Lithuania. Revolut has around 9 million UK customers and over 45 million globally.
Financial Growth and Workforce Expansion
- Revolut, valued at $45 billion, reported strong 2023 financial results with pre-tax profits of £344 million, up from £6 million in 2022, and revenues nearly doubling to £1.8 billion. The company added over 2,000 employees in 2023, totaling over 8,000.
Future Plans and Valuation
- During the initial "mobilization" phase, Revolut will be restricted to holding no more than £50,000 in total customer deposits, working closely with regulators for up to 12 months. Reports indicate Revolut is nearing a deal to sell $500 million worth of employee shares, potentially valuing the company at $45 billion.
Conclusion
The UK banking license is a pivotal achievement for Revolut, enabling it to expand its operations and solidify its position in the global fintech industry. With strong financial growth and a growing customer base, Revolut is poised for continued success.
Source - financemagnates.com
#CryptoTrends2024 #BinanceSquareTalks #CryptoMarkets
📣 #Revolut launches crypto trading platform - Revolut X
Revolut introduces "Revolut X" in the UK, a dedicated crypto trading platform targeting professional traders
Available from today, users can trade over 100 tokens with 0% maker and 0.09% taker fees.
#uk #trading #cryptotrading #TrendingTopic
Revolut introduces "Revolut X" in the UK, a dedicated crypto trading platform targeting professional traders
Available from today, users can trade over 100 tokens with 0% maker and 0.09% taker fees.
#uk #trading #cryptotrading #TrendingTopic
#Write2earn
REVOLUT SECURES U.K. BANKING LICENSE
#Revolut #UKfinance #FinanceAPP
$BTC $ETH $BNB
Revolut, one of the most valuable fintech companies globally, has finally obtained a banking license in its home country, the U.K., after more than three years of waiting. The London-based fintech has now entered the Prudential Regulatory Authority's (PRA) "mobilization stage," which allows new banks to operate under specific restrictions.
Towards Full Bank Status
This significant milestone puts Revolut on the road to becoming a fully operational bank in the U.K., complete with a license to offer crypto services. Revolut has been facilitating the buying and selling of cryptocurrencies for several years and launched a standalone cryptocurrency exchange for experienced traders earlier this year.
Boosting Company Valuation
Revolut, already a leading name in fintech, announced plans to sell $500 million worth of employee-owned shares earlier this week. This move is anticipated to increase the company's valuation to an impressive $45 billion.
REVOLUT SECURES U.K. BANKING LICENSE
#Revolut #UKfinance #FinanceAPP
$BTC $ETH $BNB
Revolut, one of the most valuable fintech companies globally, has finally obtained a banking license in its home country, the U.K., after more than three years of waiting. The London-based fintech has now entered the Prudential Regulatory Authority's (PRA) "mobilization stage," which allows new banks to operate under specific restrictions.
Towards Full Bank Status
This significant milestone puts Revolut on the road to becoming a fully operational bank in the U.K., complete with a license to offer crypto services. Revolut has been facilitating the buying and selling of cryptocurrencies for several years and launched a standalone cryptocurrency exchange for experienced traders earlier this year.
Boosting Company Valuation
Revolut, already a leading name in fintech, announced plans to sell $500 million worth of employee-owned shares earlier this week. This move is anticipated to increase the company's valuation to an impressive $45 billion.
🏦 Revolut, one of the world's most valuable fintechs, has finally secured a banking license in the U.K., entering the PRA's "mobilization stage."
This move puts #Revolut on the path to becoming a fully licensed bank and offering #crypto services.
#fintech #banks #TrendingTopic
This move puts #Revolut on the path to becoming a fully licensed bank and offering #crypto services.
#fintech #banks #TrendingTopic
Exciting developments in the crypto space! Revolut has just expanded its crypto exchange services to 30 new European markets, enhancing accessibility for traders across the continent.
This expansion offers a user-friendly platform with advanced security features and competitive fees, making it an ideal choice for both novice and experienced investors. With a diverse range of cryptocurrencies available and real-time market data at their fingertips, traders can now navigate the crypto landscape with ease.
Revolut is truly empowering the trading community by providing the tools needed to thrive in the dynamic world of cryptocurrency. #Revolut #Crypto #Fintech
Read more on www.ecoinimist.com.
This expansion offers a user-friendly platform with advanced security features and competitive fees, making it an ideal choice for both novice and experienced investors. With a diverse range of cryptocurrencies available and real-time market data at their fingertips, traders can now navigate the crypto landscape with ease.
Revolut is truly empowering the trading community by providing the tools needed to thrive in the dynamic world of cryptocurrency. #Revolut #Crypto #Fintech
Read more on www.ecoinimist.com.
Hi everyone!
I use #Revolut
Sign up with my link below and enjoy the benefits of being my referral:
https://revolut.com/referral/?referral-code=gabrie4w0u!JAN1-24-AR-H1
This is a very useful platform - a mobile bank. You get your own IBAN and also a one-time digital card for secure online shopping. Additionally, up to 2 physical plastic debit cards and up to 4 reusable digital cards (up to 5 years)
The platform itself has crypto trading at a basic level and I don't recommend you to trade crypto because there are high fees.
Plan Ultra also offers 2 years of access to NordVPN.
I use #Revolut
Sign up with my link below and enjoy the benefits of being my referral:
https://revolut.com/referral/?referral-code=gabrie4w0u!JAN1-24-AR-H1
This is a very useful platform - a mobile bank. You get your own IBAN and also a one-time digital card for secure online shopping. Additionally, up to 2 physical plastic debit cards and up to 4 reusable digital cards (up to 5 years)
The platform itself has crypto trading at a basic level and I don't recommend you to trade crypto because there are high fees.
Plan Ultra also offers 2 years of access to NordVPN.
🚨 London-based fintech giant #Revolut expands its crypto exchange, Revolut X, to 30 new countries across the European Economic Area.
Revolut offers access to 200+ cryptos!
#RevolutX #cryptoexchange
Revolut offers access to 200+ cryptos!
#RevolutX #cryptoexchange
Robinhood and Revolut consider entering Stablecoin market
#Robinhood and #Revolut are exploring the possibility of launching their own #StablecoinDebate 's, aiming to challenge #Tether 's dominance in the growing $170 billion digital asset market. The move comes as new regulations in the European Union may limit Tether's operations, creating opportunities for other issuers.
#Robinhood and #Revolut are exploring the possibility of launching their own #StablecoinDebate 's, aiming to challenge #Tether 's dominance in the growing $170 billion digital asset market. The move comes as new regulations in the European Union may limit Tether's operations, creating opportunities for other issuers.
See original
#Revolut https://revolut.com/referral/?referral-code=sergejcinz!APR1-24-AR-H1
HUGE! 💥 BIG BANKS FINALLY JOINING THE CRYPTO WAVE🔥 But Who & Why? 🤔👇
The Largest Bank in Germany (Federal German Bank LBBW) is now planning to introduce crypto custody services by the second half of 2024! That's another confirm that, step by step, cryptocurrencies are getting widely accepted. In fact, LBBW moved in such direction in order to meet the high demand of its customers that are interested in digital assets. Thanks to Bitpanda's Investment-as-a-Service infrastructure, this Germany bank will be able to offer crypto solutions while ensuring security!
Let's not forget that the competition is heating up right now. Also major banks like Deutsche Bank and Commerzbank are exploring crypto custody and trading services. This is, in my opinion, triggering a chain reaction among banks. A chain reaction that will onboard the "late majority" of people who still didn't opt in and thus boost the entire crypto market cap!
STAY TUNED! 💪& DYOR 🙏
#CryptoNewsFlash #CryptoUpdates #cryptoadoption #Cryptocommunity $BTC $ETH
The Largest Bank in Germany (Federal German Bank LBBW) is now planning to introduce crypto custody services by the second half of 2024! That's another confirm that, step by step, cryptocurrencies are getting widely accepted. In fact, LBBW moved in such direction in order to meet the high demand of its customers that are interested in digital assets. Thanks to Bitpanda's Investment-as-a-Service infrastructure, this Germany bank will be able to offer crypto solutions while ensuring security!
Let's not forget that the competition is heating up right now. Also major banks like Deutsche Bank and Commerzbank are exploring crypto custody and trading services. This is, in my opinion, triggering a chain reaction among banks. A chain reaction that will onboard the "late majority" of people who still didn't opt in and thus boost the entire crypto market cap!
STAY TUNED! 💪& DYOR 🙏
#CryptoNewsFlash #CryptoUpdates #cryptoadoption #Cryptocommunity $BTC $ETH
🚀 ROBINHOOD & REVOLUT entering Stablecoin Market!
Fintech giants Robinhood and Revolut are reportedly exploring their entry into the stablecoin market, as new regulations in Europe promise more clarity and disrupt the status quo. According to a Sept. 26 Bloomberg report, both companies are considering launching their own stablecoins, although neither has confirmed these plans publicly.
Currently, the stablecoin market is dominated by Tether (USDT), which controls over 75% of the market share. Tether's success, driven by macroeconomic turbulence and regulatory crackdowns in the U.S., has translated into record-breaking profits—$5.2 billion in the first half of 2024 alone. This lucrative business model encourages more players like Robinhood and Revolut to enter the space.
The European Union's Markets in Crypto-Assets (MiCA) regulation is set to reshape the stablecoin industry with significant rules on reserve requirements, transparency, and transaction volume caps. The first phase of MiCA, implemented in June 2023, has already prompted exchanges like Binance and Kraken to reevaluate their stablecoin offerings. The second phase, taking effect on Dec. 30, will impose stricter regulations on crypto-asset service providers.
Under MiCA, stablecoins face a $200 million daily transaction cap for payments, and stringent requirements like holding 60% of reserves in cash deposits across multiple banks. Tether’s CEO, Paolo Ardoino, has criticized these regulations, citing difficulties in securing banking partnerships in Europe. While Tether may not fully comply with MiCA, Circle has adapted, announcing its Euro-backed stablecoin (EURC) to align with the new framework. This shifting regulatory environment, coupled with Tether’s dominance, opens opportunities for new entrants like Robinhood and Revolut, who may look to capitalize on growing demand for stablecoins with compliance in mind.
Brace yourself as the next BIG PUSH might be just around the corner!!!
#CryptoMarketNews #Revolut #Robinhood #Bitcoinprice #bitcoin $BTC
Fintech giants Robinhood and Revolut are reportedly exploring their entry into the stablecoin market, as new regulations in Europe promise more clarity and disrupt the status quo. According to a Sept. 26 Bloomberg report, both companies are considering launching their own stablecoins, although neither has confirmed these plans publicly.
Currently, the stablecoin market is dominated by Tether (USDT), which controls over 75% of the market share. Tether's success, driven by macroeconomic turbulence and regulatory crackdowns in the U.S., has translated into record-breaking profits—$5.2 billion in the first half of 2024 alone. This lucrative business model encourages more players like Robinhood and Revolut to enter the space.
The European Union's Markets in Crypto-Assets (MiCA) regulation is set to reshape the stablecoin industry with significant rules on reserve requirements, transparency, and transaction volume caps. The first phase of MiCA, implemented in June 2023, has already prompted exchanges like Binance and Kraken to reevaluate their stablecoin offerings. The second phase, taking effect on Dec. 30, will impose stricter regulations on crypto-asset service providers.
Under MiCA, stablecoins face a $200 million daily transaction cap for payments, and stringent requirements like holding 60% of reserves in cash deposits across multiple banks. Tether’s CEO, Paolo Ardoino, has criticized these regulations, citing difficulties in securing banking partnerships in Europe. While Tether may not fully comply with MiCA, Circle has adapted, announcing its Euro-backed stablecoin (EURC) to align with the new framework. This shifting regulatory environment, coupled with Tether’s dominance, opens opportunities for new entrants like Robinhood and Revolut, who may look to capitalize on growing demand for stablecoins with compliance in mind.
Brace yourself as the next BIG PUSH might be just around the corner!!!
#CryptoMarketNews #Revolut #Robinhood #Bitcoinprice #bitcoin $BTC
I have been using #Revolut for the last 2 years and now they have launched a separate section in its app to buy different cryptocurrencies.
However, I have found that there is a huge difference of Price on Revolut compared to other exchanges like #Binance #coinbase #kucoin
At the time of writing, the price of different cryptos are checked and given below
1: $BTC Price
2: $ETH Price
3: $BNB Price
However, if you want to buy the same cryptocurrencies on Revolut then you end up paying more. It means they can never compete in this competitive market if they will not work on the pricing strategy setup for these coins.
#Write2Earn
However, I have found that there is a huge difference of Price on Revolut compared to other exchanges like #Binance #coinbase #kucoin
At the time of writing, the price of different cryptos are checked and given below
1: $BTC Price
2: $ETH Price
3: $BNB Price
However, if you want to buy the same cryptocurrencies on Revolut then you end up paying more. It means they can never compete in this competitive market if they will not work on the pricing strategy setup for these coins.
#Write2Earn
❗️#Revolut : Learn and Earn
One of the oldest #educational programs with #Rewards for learning, launched in 2022.
💸 You can earn up to $15 in tokens such as $DOT
, #1inch , $ALGO
, $AVAX
.
The lessons are very simple and quite interesting. It's a great way to test your knowledge, learn something new, and earn a bit.
#moonbix #MemeCoinTrending
One of the oldest #educational programs with #Rewards for learning, launched in 2022.
💸 You can earn up to $15 in tokens such as $DOT
, #1inch , $ALGO
, $AVAX
.
The lessons are very simple and quite interesting. It's a great way to test your knowledge, learn something new, and earn a bit.
#moonbix #MemeCoinTrending
The recent surge in BONK's value, as evidenced by market charts and data, can be attributed to the cryptocurrency's partnership with Revolut, a prominent European financial technology company. This collaboration has the potential to significantly increase BONK's exposure to Revolut's extensive user base of over 38 million individuals.
The strategic move to partner with a well-established and reputable financial institution like Revolut appears to have instilled confidence in investors, resulting in increased demand for BONK tokens. As a result, the cryptocurrency has experienced a notable uptick in its market performance.
While the current market reaction to this news has been positive, it is essential to monitor how this partnership unfolds and whether it translates into sustained growth and adoption for BONK in the European market and beyond. Nonetheless, the initial response from investors suggests that this collaboration with Revolut is a significant milestone for BONK, and it has the potential to greatly impact the cryptocurrency's future trajectory.
$BONK #Revolut
The strategic move to partner with a well-established and reputable financial institution like Revolut appears to have instilled confidence in investors, resulting in increased demand for BONK tokens. As a result, the cryptocurrency has experienced a notable uptick in its market performance.
While the current market reaction to this news has been positive, it is essential to monitor how this partnership unfolds and whether it translates into sustained growth and adoption for BONK in the European market and beyond. Nonetheless, the initial response from investors suggests that this collaboration with Revolut is a significant milestone for BONK, and it has the potential to greatly impact the cryptocurrency's future trajectory.
$BONK #Revolut
Sui, a Layer 1 blockchain, has announced a strategic partnership with Revolut, a leading global fintech, to enhance blockchain adoption and growth in Europe.
#blockchain #sui #Revolut #SuiNetwork
#blockchain #sui #Revolut #SuiNetwork