Revolut Adds ZRX, XTZ, OMG and EOS to Supported Cryptocurrencies

Revolut, a British financial technology company that offers banking services, has just released four new cryptocurrencies to its EEA customers.

The newly-listed tokens include 0x (ZRX), Tezos (XTZ), OMG Network (OMG) and EOS (EOS).

0x (ZRX)

0x is one of the most high-profile 'decentralised exchanges' (as opposed to a 'centralised exchange' like Coinbase). 0x allows developers to build their own cryptocurrency exchanges. The company's founder refers to his solution as the "Craigslist for cryptocurrencies" in that any developer can build their own cryptocurrency exchange and post it online. The 0x coin is an ERC-20 token that provides a platform with an ability to support all of the tokens issued with the Ethereum blockchain.

Tezos (XTZ)

Tezos (XTZ) is a blockchain network linked to a digital token, which is called a tez or a tezzie. Tezos isn't based on the mining of tez. Instead, token holders receive a reward for taking part in the proof-of-stake consensus mechanism. The term "Tezos" is ancient Greek for "smart-contract," according to the developers.

OMG Network (OMG)

The vision of Omise is to integrate multiple electronic wallets using the OmiseGo blockchain. Over time, as more e-wallet providers are added to the network, and more of the crypto assets they issue can be exchanged on a blockchain, OmiseGo believes it could help provide banking services to those who have been excluded from the financial system. This means every time you use an OmiseGo contract, you need to pay in OMG, which is then distributed to nodes on the network that enforce contracts according to the rules.

EOS (EOS)

EOS is a blockchain-based system that enables the development, hosting and execution of decentralized applications (called “dApps”) on its platform. EOS focuses on critical pain-points of blockchain and attempts to solve the problem of speed, scalability, and flexibility that often become a bottleneck for dApps.