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Bitcoin Cash

2.5 Million Revolut Users now Get Cash Back in Bitcoin, Bitcoin Cash, Ethereum, Litecoin & XRP

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The launch of brand new high-end Metal Card of Revolut allows one to earn the cash back of 1% outside of Europe & 0.1% in Europe in any of available 25 fiat currencies or 5 cryptos viz. Bitcoin (BTC), Bitcoin Cash (BCH), XRP, Ethereum (ETH), and Litecoin (LTC).

A high-end shiny card that gives cash back in crypto
Now, Revolut users get to enjoy its most exclusive card as the European fintech launches Revolut Metal that offers the cash back in cryptocurrencies. For crypto enthusiasts, this is the perfect opportunity to make a real-world purchase and earn in return.

A banking alternative, Revolut offers all services of a regular bank through its app. Apart from supporting a number of fiat currencies, Revolut also supports 5 cryptocurrencies viz. Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), Ethereum (LTC) and XRP.

The cashback offered is paid in any of these 5 cryptos and 25 fiat currencies supported by Revolut. When it comes to cash back in crypto, it is available on card purchases, its premium features, travel insurance, personal concierge and on the global ATM withdrawals per month of more than £600 ($771.3) as reported by Forbes.

This special metal bank card will cost £12.99 ($16.69) per month or £120 ($154.2) for the year. As for the cashback, it starts at 0.1% for card transactions made in Europe. However, as for payments made outside Europe, the cash back in either crypto or fiat is 1 percent.

With about 2.5 million users across Europe, it will further expose these five cryptocurrencies to the population. Reportedly, in December, last year, Revolut became the first digital banking startup to make profits, especially because of its £6.99-a-month Premium tier.

Also, read: Key Executive Exit Leaves Tron’s Acquisition of BitTorrent Lacklustre

Revolut’s big plans for the future
Nikolay Storonsky, the CEO of Revolut stated on its launch,

“We are absolutely convinced that Revolut Metal will be the exclusive card of the future, and an absolute must for travellers worldwide.”

Revolut is working hard on adding more feathers in its cap as apart from personal loans and insurance, it is planning to soon launch commission-free shared trading.

It has already raised about $250 million from investors, and the launch according to Stronsky will further boost its investment opportunities as he shared,

“The launch of Revolut Metal is also an important step towards the company generating additional revenue, especially as we prepare to launch a commission-free trading platform and expand the business into North America and Asia later this year.”

The company already offers crypto trading and allows the purchase of cryptocurrencies with “No deposit fees. No subscription fees. No exit fees. We only charge a simple, low-cost 1.5% markup on the average exchange price” as per its website.

According to the last funding round of Revolut, its business is valued at $1.7 billion which is a significant increase from its previous round six months back that valued it at $30 million. The company is hard at work to rake in more business and profit by introducing exclusive Metal card and cash back in cryptos.

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Bitcoin Cash

Sneaky Tips: Turning Bitcoin into Cash

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Cryptocurrencies are becoming more and more useable by the day. Once upon a time, cryptocurrencies were an obscure curiosity for nerds. Then, they were elevated to the currency of choice for online drug sellers and arms dealers. However, slowly but surely, cryptocurrencies are becoming more prominent in our everyday lives.

But there are still relatively few places that will allow you to spend your cryptocurrency directly. Even with Bitcoin, the most popular of all the cryptocurrencies out there, buying everyday items is difficult. Converting your Bitcoin into cash enables you to actually use it, but how do you go about doing it?

Selling on an Exchange

This is the most common means of converting cryptocurrency into cash. Crypto exchanges are just like Forex markets, except without the same level of regulation. These exchanges allow crypto owners to trade one cryptocurrency for another. Different exchanges will support different coins. Some tokens – notably Bitcoin and Ethereum – are available across just about every exchange. Others will feature on most exchanges, and some of the smaller coins will be tradeable only on a small number of exchanges.

Different exchanges also have different interfaces, which can make for some very different user experiences between them. Some exchanges can be very difficult to start using for complete novices. Anyone who has experience trading on a Forex market will feel at home with most crypto exchanges, they tend to offer the same features and operate on the same fundamental principles.

Not all exchanges will allow users to cash out their cryptocurrency as fiat, however. In fact, the majority of exchanges exist to trade cryptocurrencies but do not directly buy or sell them for fiat currencies. Of the exchanges that do enable users to trade their crypto for fiat, they usually only allow a narrow range of coins to be exchanged for cash. These ‘entrycoins’ are Bitcoin and Ethereum, the big two of the crypto world.

If you want to sell your crypto for cash online, you will usually need to first convert it into Bitcoin or Ethereum. Some exchanges will take a couple of days to process your withdrawals, so don’t worry if your money doesn’t show up straight away. Carefully read the terms & conditions of any exchange before you send them your cryptocurrency so you know what to expect. You should also check online for user reviews of any exchange before you entrust them with your crypto.

Bitcoin ATMs are still relatively rare, but their number is steadily increasing. As the name suggests, these are just like the ATM machines that you are familiar with when using fiat currency. Some of these ATMs allow users to buy Bitcoin, but not to sell it. However, the proportion of machines that enable two-way functionality is steadily rising.

If the ATM does allow you to sell your Bitcoin, you will first need to verify your identity. There are a small number of machines that don’t require this step but they are rare. You will then need to send the amount of Bitcoin you want to sell to the ATM wallet address; this is done by scanning a QR code. Some machines will pay out instantly, others will make you wait until the transfer has been confirmed by the Bitcoin network.

This is another simple and straightforward way of converting Bitcoin into cash. LocalBitcoins.com is a service that allows users to advertise when they have Bitcoin to sell. Interested parties can then browse listings and contact any sellers in their local area. Buyer and seller then arrange to meet and the buyer will hand over physical cash to the seller in exchange for Bitcoins.

This is one of the few ways that you can directly convert physical cash into Bitcoin, or sell Bitcoin for physical cash, rather than receiving a bank transfer or using another digital method. Of course, a little extra vigilance is required when you are going to be meeting up with a stranger. Choose somewhere public to meet them, and don’t go anywhere you feel unsafe.

Sending the Bitcoin to the buyer’s wallet is easy. All you’ll need to do is enter the amount you want to send and scan a QR code on the recipient’s phone. The transfer won’t occur instantly; Bitcoin takes time to send and this time will vary according to the amount you are willing to pay in mining fees, transactions with higher fees are processed as a priority.

There are a growing number of online casinos that accept Bitcoin and these can provide a path to converting cryptocurrency into fiat. Of course, this is dependent upon you winning, it’s possible you could end up losing your precious funds instead. If you are confident in your card game skills, or you just enjoy the thrill of gambling, online casinos are a viable means of converting your cryptocurrency into fiat.

Converting your Bitcoin into cash means that you will be able to spend it wherever you like. For all the advantages of cryptocurrencies, they are still not as easy to use as fiat currency. Whether you are looking to cash out some or all of your crypto portfolio, the above methods are the most reliable.

Source. ambcrypto

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Bitcoin Cash

Bitcoin Cash (BCH/USD) forecast and analysis on April 25, 2019

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Cryptocurrency Bitcoin Cash (BCH/USD) is trading at 288. Cryptocurrency quotes are trading below the moving average with a period of 55. This indicates a bearish trend on Bitcoin Cash. At the moment, cryptocurrency quotes are moving near the middle border of the Bollinger Bands indicator.

Bitcoin Cash (BCH/USD) forecast and analysis on April 25, 2019

As part of the Bitcoin Cash forecast, a test of level 305 is expected. Where should we expect an attempt to continue the fall of BCH/USD and further development of the downward trend. The purpose of this movement is the area near the level of 250. The conservative area for sales of Bitcoin Cash is located near the upper border of the Bollinger Bands indicator strip at level 310.

Bitcoin Cash (BCH/USD) forecast and analysis on April 25, 2019

Cancellation of the option to continue the decline in Bitcoin Cash will be the breakdown of the upper border of the Bollinger Bands indicator. As well as the moving average with a period of 55 and closing of quotations of the pair above the area of ​​320. This will indicate a change in the current trend in favor of the bullish for BCH/USD. In case of a breakdown of the lower border of the Bollinger Bands indicator bands, one should expect an acceleration of the fall of the cryptocurrency.

Bitcoin Cash (BCH/USD) forecast and analysis on April 25, 2019 implies a test level of 305. Further, it is expected to continue falling to the area below the level of 250. The conservative area for selling Bitcoin Cash is located area of ​​310. Canceling the option of falling cryptocurrency will be a breakdown of the level of 320. In this case, we can expect continuation growth.

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Bitcoin Cash

Bitcoin Cash (BCH/USD) forecast and analysis on April 24, 2019

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Cryptocurrency Bitcoin Cash (BCH/USD) is trading at 293. Cryptocurrency quotes are trading below the moving average with a period of 55. This indicates a bearish trend on Bitcoin Cash. At the moment, cryptocurrency quotes are moving near the middle border of the Bollinger Bands indicator.

Bitcoin Cash (BCH/USD) forecast and analysis on April 24, 2019

As part of the Bitcoin Cash forecast, a test of the level 310 is expected. Where should we expect an attempt to continue the fall of BCH/USD and further development of the downward trend. The purpose of this movement is the area near the level of 255. The conservative area for sales of Bitcoin Cash is located near the upper border of the Bollinger Bands indicator at the level of 315.

Bitcoin Cash (BCH/USD) forecast and analysis on April 24, 2019

Cancellation of the option to continue the decline in Bitcoin Cash will be the breakdown of the upper border of the Bollinger Bands indicator. As well as the moving average with a period of 55 and closing of quotations of the pair above the area of ​​320. This will indicate a change in the current trend in favor of the bullish for BCH/USD. In case of a breakdown of the lower border of the Bollinger Bands indicator bands, one should expect an acceleration of the fall of the cryptocurrency.

Bitcoin Cash (BCH/USD) forecast and analysis on April 24, 2019implies a test level of 310. Further, it is expected to continue falling to the area below the level of 255. The conservative area for selling Bitcoin Cash is located area of ​​315. Canceling the option of falling cryptocurrency will be a breakdown of the level of 320. In this case, we can expect continuation growth.

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