UK-based payments company Revolut has started to develop its interest in the cryptocurrency industry with steps focused on finally turning it into a real product.
According to two sources close to the payment giant, it is possible to see Revolut’s own cryptocurrency soon, according to CoinDesk site.
It is reported that the payment application has started working for this crypto currency, which will be used especially in payments and application.
Revolut Token Coming?
In fact, according to the transmitted information, this token will have the same function as Wirex company’s WXT token.
In addition, Nexo’s NEXO Coin and Binance’s Binance Coin have also inspired Revolut.
These are referred to as exchange tokens, and although Revolut is not an exchange, it falls into the same category as its own cryptocurrency.
It is stated that when the cryptocurrency in question is released, users can earn rewards and get discounts on payments just by holding it.
In the relevant source, it was not stated how much reward the users would earn for each transaction.
Revolut is an application that can enable users to invest in stocks and other assets as well.
Revolut, which is similar to Robinhood in the USA, has an estimated valuation of $ 33 billion.
This actually increases the likelihood of the company making an airdrop. The recent airdrop of many projects keeps the interest in Revolut alive.