Revolut Launches US Accounts With More Mobile Features – Bitcoin And Crypto Trading To Come Next?
Crypto adoption has been one of the most important goals back in 2019 and this will probably remain the same in 2020 as well.
There have already been made a lot of moves towards the achievement of this massive goal and things continue to go great in this direction, despite the global crisis in which we are these days.
Revolut launches US accounts
According to the latest reports coming from the online publication the Daily Hodl, Apple and iOS users in the US can gain access to some financial services via the European fintech giant Revolut.
“Customers who are signing up for an account will have up to $250,000 in deposits FDIC insured through the company’s partnership with the New York-based Metropolitan Commercial Bank,” according to the latest reports.
Revolut gives its users a long list of financial services on their smartphones including an equity trading platform and a fiat currency exchange.
The company’s expansion in the US will help support the digital economy which is focused on offering financial services without having to access physical bank branch locations.
Revolut services available for mobile users in the US
Here are the services that are now available for mobile users in the United States.
Spending and sending money abroad at the real exchange rate
Holding and exchanging 28 currencies in the app, including British pounds, Canadian dollars and the euro
Physical debit card
Setting up a virtual debit card from the app
Salary deposits via direct deposit at no cost, FDIC insured up to $250,000
Built-in budgeting feature
Sending and requesting money from friends and other Revolut users
In order to find out more details, we recommend that you head over to the original article posted by the Daily Hodl.
Despite the global crisis in which we are the crypto industry is expected to move forward.
Eduard Watson Author
An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.