Cryptocurrency exchange, international money transfers, and global spending while traveling now are free. TeamLogic IT Plano recommends using Revolut application. Avoid fees and high exchange rates. Revolut is the only free alternative for banks. And millions of people got to know it by a word of mouth. It’s interesting that the startup itself didn’t spend money for marketing. Because when something is free people start to recommend it to friends and relatives by themselves.
Why should I let somebody make money on me just because I need to buy another currency, send money to my relatives in Mexico or when I travel abroad? No, I shouldn’t. And there is a FREE alternative.
The platform is called Revolut. It’s a digital banking alternative for instant payment notifications, international money transfers and cryptocurrency exchange.
Cryptocurrency exchange and buying
As a matter of fact cryptocurrency providers charge huge hidden fees. Moreover, it can take weeks to set up an account. At the same time Revolut provides the easiest, fastest way for cryptocurrency exchange. You can buy Bitcoin, Ether and Litecoin. You pay the real-time cryptocurrency exchange rate. Revolut does not take any hidden fees. There are no deposit fees, subscription fees, or exit fees.
Send money abroad up to 10x cheaper
Have you ever made a money transfer to your relatives or friends abroad using Western Union or MoneyGram? Than you definitely paid about $20 for every $500 you sent.
Indeed, Revolut allows you to send fast, free and secure money transfers to bank accounts in over 120 countries. You save money because this platform uses real exchange rate. As you know, every time you send money in a different currency banks are making currency exchange. But the way they do it is not “fair”. In other words, they add a fee on the top of the real exchange rate creating their own rate. In reality you don’t need to pay that much. You can verify your currency today’s exchange rate online. And you will check for yourself how much money banks are making on you.
Spend globally with no fees
Have you ever traveled abroad? If so, you definitely paid about 4-8% fee for using your card abroad.
When you set up your online account you get contactless Revolut card. Wherever you go it’s always with you if you have internet. Revolut automatically converts your balance into the local currency. It allows you to spend fee-free with the real exchange rate in over 130 fiat currencies.
Save Money with Vaults
Furthermore, you can use your Revolut account for saving money. Vaults are the easiest, fastest way to save for your financial goals. It will help you whether you choose to round up every transaction, set up a recurring payment or simply make one-off contributions. It tales seconds to set up a Vault. So, you can immediately start saving.
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