From XU Magazine, 
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Introducing Crypto for Business

September 16, 2022

This article originated from the Xero blog. The XU Hub is an independent news and media platform - for Xero users, by Xero users. Any content, imagery and associated links below are directly from Xero and not produced by the XU Hub.
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Crypto is not regulated or protected by investor compensation schemes. Cryptocurrencies are volatile – value can go down or up. Trading may be subject to tax. Capital at risk.

It’s official. You can now invest in crypto through your Revolut Business account.

We’re not really about doing things the traditional way – and the same goes for your business assets.  Now our borderless financial super app is the first platform allowing companies to buy and sell crypto in the same account where they manage their business. We think that’s pretty cool.

Interested in trying out our new crypto offering? Read on to learn a bit more about it.

What is Crypto for Business?

If you’re not familiar already, crypto, or cryptocurrencies, are digital assets existing on a secure network. Rather than being tied to a central authority, such as a bank, crypto is secured through a peer-to-peer network of computers.

Like stocks, people are able to buy and trade in these assets. And if you want to hold your surplus business cash in crypto, we’ve just made it a bit easier to do so.

With Crypto for Business, you can now buy, hold, and sell crypto straight from your Revolut Business account, no matter your business size. You can start right away with Bitcoin and Ether. And if you’re on the lookout for other tokens, don’t worry – we’re adding more very soon.

With that said, remember crypto is volatile, so it can gain or lose value over time, and any investment can lose its value entirely.

What can you do with Crypto for Business?

Diversify your assets
You can now easily diversify your company’s assets by purchasing crypto in the same place you manage your business account. So far, our customers using Crypto for Business have invested an average of 15% of their total assets on their Revolut Business account in crypto.

Buy and sell quickly
With everything in the same place, you can buy your crypto using your available business funds. Then, you can convert it into fiat currency (or government issued money) in just a few quick taps when you decide to sell.

Plus, we offer competitive rates, and you can upgrade your account for lower commission. Participating businesses have already invested £13.5M in Crypto through Revolut Business.

Never miss an opportunity
We’re making it easier for businesses to get involved in crypto, and more than 2,000 businesses have ventured in so far. If you’d like to give it a try, you don’t need to look anywhere else.

Enjoy secure access and storage
On top of being able to buy and sell crypto in-app, you can hold it there too. We offer some of the most secure storage options as a majority of our funds are held in offline cold storage with trusted custodians. On top of that, you choose which team members can use the Crypto features and who can view your portfolio.

Want to get started with Crypto for Business? If you’re already a Revolut Business customer, just head to the Hub, then select ‘Crypto’ in the Revolut Business app. If you’re not a customer yet, you can sign up here. Check out the terms to see if Crypto for Business is available in your country.

Why leave it there?

To find out more about Revolut

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