UK- based digital banking service Revolut announced the addition of Stellar lumens (XLM) to its list of supported cryptocurrencies.
Customers of the fintech will now be able to trade and hold XLM on its platform.
The addition of the new cryptocurrency comes as a response to customer demand. The XLM currency is added to the list of six other cryptocurrencies on the platform bitcoin, ether, XRP and bitcoin cash.
Earlier in July, Revolut made an announcement that all its US customers with the exception of Tennessee-based ones, could buy, sell or hold bitcoin and ether. Revolut expanded its operation to the US in March.
The digital bank changed its terms so that as of 27 July the customers have legal control over the crypto they hold. The company will no longer be the “legal owner”, however users will still be able to only transfer the funds within the Revolut’s ecosystem.
Experienced writer and journalist, working in the global online trading sector, Steffy is the Editor of LeapRate. She has previous experience as a copywriter and has been with the company since January 2020. Steffy has a British and American Studies degree from St. Kliment Ochridski University in Sofia.