The phenomenon of "Neobank"

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The British "NeoBank", called Revolut, is developing a service that will allow customers to exchange battleships and other crypto accounts directly into their accounts.
The Revolution is technically not a bank, as it does not have a bank license from the UK Financial Regulator, but offers many of the functions of a classical bank, such as checking accounts (called "current accounts" in the UK). A revolution that is currently available to citizens in dozens of European countries says it is "actively exploring" the possibility of applying for a bank license.
The company will allow consumers to buy, sell, and hold three crypto currencies: Bitcoin, Litecoin, and Etherium. Consumers will also be able to transfer crypto accounts to other holders of Revolutionary accounts. The big question here is the promise of the Revolution to allow "instant" conversion of FIAT money into crypto currencies directly into the application and which could eventually eliminate the problematic process of entering peer-to-peer exchanges or peer-to-peer platforms, as well as the inconvenient an option to go to a cryptomat to draw or deposit a battlefield.
The company will not carry out the exchange of one currency on its own. Instead, it will work with several of the "most reliable" crypto-wave exchangers to do the transaction, says Luis Tuff, a leading Revolution engineer. Duff says his company is targeting the smallest spreads (the difference between buy and sell rates) and "trouble-free" conversion fees. It is planned to release the feature this month, although they have not set the exact date, says Tuff.
Revolution says he is introducing Crypto because of the "huge demand" from his users. The company has over 855,000 customers who have transferred over $ 4 billion in the app since it was launched in 2015. The company has 3,000 customers who have signed up for testing the cryptoservice account service.
The features provided by Revolution are a "hot" innovation related to crypto, among British "nuances" that offer only digital financial services. Some of them (N26, Monzo) have already acquired bank licenses. Monzo has an application called "Dust" that allows users to automatically turn their conversion into a battlefield. Both Revolut and Dust promise to significantly reduce the problem of the acquisition of crypto-loudspeakers and to bring even more of the mass consumer closer to the benefits of Bitcoin and Etherium.