Revolut extends crypto offerings with 0x (ZRX), Tezos (XTZ), OMG Network (OMG), and EOS (EOS)

By: Ali Raza
Ali Raza
Ali plays a key role in the cryptocurrency news team. He loves travelling during his spare time and enjoys… read more.
on Dec 12, 2020
  • The addition of the four cryptos means users now have more options for buying and selling cryptos.
  • Revolut recently partnered with Paxos to enable customers in the U.S buy and sell digital assets on the Paxos.
  • Revolut launched crypto services in Australia, offering Bitcoin and Ether buying and selling services.

British-based fintech Revolut has added four more cryptocurrencies to its existing crypto offerings. These new additions include 0x (ZRX), Tezos (XTZ), OMG Network (OMG), and EOS (EOS).

According to the announcement by Revolut yesterday, the four additional cryptos will be available this month.

Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz newsletter, today.

We’ve released a massive batch of 4 new crypto tokens this month to our EEA customers” Revolut announced in a blog post.

The company went ahead to provide explanations about the new additions and the benefits the users stand to gain. With the new launch, users now have a lot of options on the type of crypto they want to sell or buy. In the past, they are only limited to Bitcoin (BTC), Litecoin (LTC), and Ethereum (ETH). But with the addition of 4 other cryptos, there are more trading options for the users.

More Crypto Options For Users

The first crypto coin to be added on the Revolut platform was Bitcoin in 2017. After Bitcoin’s addition, Litecoin (LTC) and Ethereum (ETH) soon followed the next year.

Throughout last year, the company has been busy expanding its footprint on digital currencies while making crypto coins more accessible to users.

This Summer, Revolut announced its partnership with New York-based firm Paxos, stating that it will enable customers in 49 US states to hold, buy, or sell digital assets on the Paxos crypto platform.

In September, Revolut rolled out its crypto services in Australia. The launch of the service enables Australian customers to buy and sell cryptocurrencies in six different digital asset options. These include Bitcoin, Stellar, Bitcoin Cash, Litecoin, and Ether.

Revolut says it selected the four cryptos because of their growth levels and popularity in the market. EOS in particular has grown into a platform with a $2.4 billion market capitalization. The blockchain-based system enables the hosting and execution of decentralized applications (DApps). The platform’s crypto is also doing great in the market. According to Revolut, the three other cryptos are also doing great in the market.

Invest in crypto, stocks, ETFs & more in minutes with our preferred broker, eToro
10/10
67% of retail CFD accounts lose money