UK neobank Revolut provides Polkadot (DOT)


The UK-based buying and selling app additionally added Dogecoin in early June, with over 30 cryptocurrencies obtainable

Revolut has added one other widespread cryptocurrency to the suite of buying and selling property obtainable to its rising person base.

The UK-based digital financial institution introduced on 30 June that prospects can now entry Polkadot (DOT) from its buying and selling app. This comes whilst most cryptocurrencies battle sell-off strain that has seen costs crash closely in June.

“DOT has simply dropped on Revolut,” the challenger financial institution tweeted, including that customers must replace their apps earlier than continuing to purchase, commerce, and maintain the DOT tokens.

The UK-based platform launched its companies in 2015 as a cash switch and trade app and has over 15 million prospects. At the moment, the app handles over 150 million transactions each month with customers in a position to spend money on main cryptocurrencies akin to Bitcoin, Ethereum, Cardano and XRP from as little as $1.

The provision of DOT on Revolut has attracted a number of optimistic feedback on Crypto Twitter, most of which is concerning the want for the platform so as to add different widespread crypto property. That is what the app has been doing over the previous few weeks by way of the uniquely put New Tokens Tuesday’s initiative.

The primary batch of latest tokens was added to the app on 1 June, with the favored Dogecoin (DOGE) a type of to hit the platform. Others have been Chainlink (LINK), Polygon (MATIC) and Band Protocol (BAND).

In Could this 12 months, the neobank introduced its prospects would now switch Bitcoin (BTC) to exterior wallets. The withdrawals, nevertheless, are solely restricted to BTC and to UK prospects with a subscription to the Metal service. Of about 80,000 prospects of this service, practically 40,000 have purchased and traded cryptocurrency utilizing the app.

Polkadot (DOT) is buying and selling at $15.75 in opposition to the US greenback, about 3% down on the day.



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