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Revolut: Partners with Paxos to bring cryptocurrency trading to the US | Fintech InShorts: Latest fintech news, analysis by experts

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Revolut: Partners with Paxos to bring cryptocurrency trading to the US

By Steve Sam

July 15, 2020

Revolut: Partners with Paxos to bring cryptocurrency trading to the US

The startup is slowly catching up with features that are available in the U.K. and Europe
Users in the U.S. can now buy, hold and sell Bitcoin and Ethereum from the Revolut app
The feature is going to be available in 49 states as there are some regulatory issues in Tennessee
The company says it is starting with BTC and ETH in the U.S. but is already working on bringing more cryptocurrencies
When it comes to fees, users with a free Revolut account will pay 2.5% in conversion fees
Users with a Premium and Metal subscription will pay 1.5% in fees. Revolut is waving fees for the first 30 days

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