Jump to content

Revolut Witnesses Significant Jump in Crypto Demand Following Lockdown


Recommended Posts

The British technology company Revolut reported that in April there was a surge of clients that traded cryptocurrencies. According to official data released by the company, the number of users that did so increased with an impressive 68%, likely due to the strict COVID-19 lockdown.

As of now Revolut’s total user base has reached 10 million people.

Since Bitcoin dropped hard back in March the company’s clients clearly saw an opportunity for an investment and by the end of April the total number of crypto bought by them spiked by 57% on average.

According to the company’s report, Bitcoin trading was the most popular, with Ripple and Ethereum coming in second and third, respectively. Bitcoin Cash and Litecoin share the fourth spot.

Source

This is not surprising, you buy when the price is low, not when it is high.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • 👍 Join TopGold.Forum Now

    The Most Welcoming & Trustworthy Earning Online Community

    Join over 25,000 members and 700 businesses on their journey to strike GOLD. 💰🍾👍

    👩 Want to make money online? 
    💼 Represent a company? 

⤴️-Paid Ad- TGF approve this banner. Add your banner here.🔥

×
×
  • Create New...