Banking and investment firm Revolut announced that it has added 29 different cryptocurrencies to its investment brokerage service in the United States.
The company has agreed with brokerage service provider Apex Crypto for its decision to expand its crypto investment vehicles. With this agreement, America will offer its customers 29 different crypto money services, including Dogecoin. The content of the agreement also includes add-ons such as crypto deposits and withdrawals, crypto staking.
Revolut to Compete with Coinbase and Robinhood
Mazen Eljundi, the company’s global head of cryptocurrencies, stated that they have more than quadrupled their crypto portfolio to provide more diversity to customers. Underlining that the trade to be made will be commission-free up to 200 thousand dollars a month, Eljundi said that he is sure that they will see more demand in America.
Aiming to create a market share against its competitors such as Coinbase and Robinhood, the London company will provide cryptocurrencies to its American customers, including projects such as Dogecoin, Avax and Shiba.
The London-based company has not yet been approved for investment services to be conducted in the United States. However, according to his statements, the company gave the message that it will start its services in a short time.
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