Mobile banking startup Revolut is in the process of adding cryptos litecoin and ether to its app-based trading service.
The move to add new cryptocurrency technologies follows the company’s adoption of bitcoin support last July.
Chief exec Nikolay Storonsky announced Tuesday that all customers can start trading the new crypto offerings on Thursday, according to TechCrunch.
Further, users’ cryptocurrencies holdings will act as a backup fund for their Revolut debit card. Effectively, if a user runs out of or is short of currency when making a payment, the app automatically converts the appropriate amount of a cryptocurrency to make up for the shortfall.
Storonsky stated that the new formats should help introduce users to cryptocurrencies, adding “despite being one of the hottest trends in the world right now, getting exposure to cryptocurrency has notoriously been time-consuming and expensive.”