Revolut to Launch Crypto Staking in UK and Europe

Revolut, the UK-based neo-banking challenger that claims 25 million customers worldwide, has soft-launched crypto 'staking' for customers in the UK and European Economic Area. 

A full launch of staking will begin being rolled out this week, allowing users of its app to earn income on crypto assets with the product in 'soft testing'. 

The rollout of crypto at Revolut has occurred over a number of years with the company first offering trading to users in November 2017.

The company now offers trading in almost 100 different crypto tokens and assets as well as having the option of making purchases using crypto balances. 

Staking is currently limited to the DOT, XTZ, ADA & ETH crypto assets with yields ranging from 11.65 per cent to 2.99 per cent. These are of course not guaranteed.

(Source: AltFi)