- From today, Revolut New Zealand customers can buy and sell cryptocurrencies from within the Revolut app
- To enhance Kiwi’s knowledge about crypto, Revolut has also launched a series of free in-app educational courses that teach customers about the digital assets and reward them for learning
- Revolut has also partnered with Koinly to provide customers with seamless and discounted crypto tax reports
AUCKLAND, NEW ZEALAND – [20 DECEMBER, 2023] – Revolut, the global financial super app with more than 35 million customers worldwide, has today announced its next step towards simplifying the money experience for everyday Kiwis by adding cryptocurrency trading and a series of free educational courses ‘Learn and Earn’ to the Revolut app. Through the launch, Revolut aims to enhance financial access and drive financial literacy by providing a seamless crypto experience for Kiwis.
Enhanced access to alternate asset classes
Revolut’s crypto offering will enable customers in New Zealand to buy and sell more than 100 crypto tokens including BTC, ETH, and XRP from within the Revolut app. The offering will also enable users to set up watchlist alerts. Revolut has prioritised enhanced security and frictionless UX for their crypto product. Using Revolut, everyday Kiwis can now enjoy accessing the global crypto ecosystem from their smartphones, enabling them to participate in the growing digital asset space.
Enhanced financial literacy through education
In a bid to drive responsible trading and financial literacy, Revolut is providing Kiwis’ with an added free resource to enhance their knowledge about cryptocurrencies.
‘Learn & Earn’ is a feature containing seven free in-app courses designed to break down the complexities of crypto. The courses offer a seamless UX to educate customers about topics like crypto basics, blockchains and popular tokens and protocols.
Koinly partnership for discounted tax reporting
To simplify the crypto tax process and help Revolut customers in New Zealand file their tax returns, Revolut is partnering with Koinly. The integration will make declaring crypto related income seamless and will provide Kiwi customers with a 20-60 per cent discounted crypto tax reports if they sign up and download a tax report prior to 25 April 2024.
Georgia Grange, Revolut’s Head of New Zealand, said: “Revolut is excited to edge closer to our goal of simplifying the money experience for Kiwis by expanding into new verticals like education and trading. By adding crypto and educational tools like Learn and Earn to our New Zealand platform, Revolut strives to make accessing and investing in cryptocurrencies – previously deemed time-consuming, difficult and expensive- easy. Through our offering, Revolut aims to drive seamless access to alternate asset classes, and provide educational content to help Kiwis navigate it responsibly”.
Through providing easy and accessible digital access to crypto trading, and through educating customers via ‘Learn & Earn’, Revolut aims to make the world of digital assets more accessible, seamless and secure for everyone.
As part of our goal to be the safest place to trade, use and learn about crypto, Revolut makes it clear to customers that crypto tokens are volatile assets and prices can go down. Revolut believes in widening access to crypto and also recognises that it may not be appropriate for everyone, so the company encourages its customers to consider their own circumstances and do their own research before buying or selling. Crypto is largely unregulated in New Zealand and significant risks apply.
For more information, please visit https://www.revolut.com/en-NZ/
About Revolut
Revolut is building the world’s first truly global financial superapp to help people get more from their money. In 2015, Revolut launched in the UK offering money transfer and exchange. Today, more than 35 million customers around the world use dozens of Revolut’s innovative products to make more than 500 million transactions a month.
In the Asia-Pacific region, Revolut has teams across New Zealand, Australia, Singapore, Japan and India. They are supported by Revolut’s global team of over 7,500 people with its headquarters in London. Across its personal and business accounts, Revolut helps its customers improve their financial health, get more control over their finances, and connects people seamlessly across the world. www.revolut.com/en-NZ/
