The firm announced Tuesday that its over 4 million users can now automatically exchange, say, U.S. dollar (USD) to bitcoin (BTC) or ether (ETH) to XRP, based on a pre-set target rate. Fiat-to-fiat exchanges are also possible.

Once a target rate is set in the app – either above or below current rates – Revolut said the exchange will trigger once the target has been reached. It warns, though, that the achieved rate could be “slightly different” from the target due to exchange rate fluctuations.

“If the rate never hits your target, no currencies will be exchanged,” the firm said.

Read More.. Source Coindesk

Related Post