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Financial services giant Paypal ($ 250 billion market cap) has announced that it will allow its approximately 200 million US users to buy, sell and store crypto assets on its platform, starting in the coming weeks with bitcoin, ethereum, Bitcoin. Cash and Litecoin.
$ 250 Billion Payment Giant Says Cryptocurrencies Will Play Key Role in Future of Financial Services
Additionally, the company said it will allow its 26 million merchants to accept crypto as a payment method, starting early 2021.
It is arguably the biggest development of 2020 for cryptocurrencies. It represents an important leveling of the asset class.
Revix, backed by Sabvest, JSE listed, allows people to invest in cryptocurrencies like Warren Buffett wants you to invest in stocks.
“Crypto is revolutionizing the way value is transferred around the world. It’s no mystery that cryptography itself is very difficult to understand, let alone the underlying blockchain technology it operates on – and how to invest in it securely. , is still not well understood. Smart, modern investors with a growth mindset have already included crypto assets as a key element in their investment portfolio, “noted co-founder Sean Andrew Sanders, adding that this insight has inspired the Revix team to create and launch their easy-to-invest cryptographic bundle.
Revix is accessible to everyone, whether it is an investment of R500 or an investment of R1 million, the online platform is ideal for people who want to get started with cryptocurrencies but are unsure of how or where to start. Sanders continues: “Our primary goal at Revix is to make investing easier so that many more people have access and can take advantage of the huge opportunities in today’s markets.”
After registering an account on www.revix.com, then transfer Rands and within minutes you are invested in one of the 3 Revix crypto packages on offer – the best 10-centric, payment-centric and Smart Contract crypto packages.
“Our Crypto Bundles are unique in that they automatically rebalance once a month, so that clients’ investments stay up to date with the latest developments in the crypto market. The best performing cryptocurrencies are included in our packages, while those with yield scant are removed, ”Sanders explains.
Revix will soon make investing even more convenient by launching its mobile application and introducing automatic investing, where once a month, funds are debited from your bank account and automatically invested in a professionally managed Crypto Bundle of your choice.
The platform was launched in South Africa in March 2019, with investment funds from the JSE-listed specialist investment group Sabvest Limited. Following the positive market response, Revix is preparing for expansion into both the UK and European markets.
“Revix is not only a platform that helps clients invest in cryptocurrency, it also provides a community through which clients can keep up to date and be constantly informed about the world of cryptography and blockchain,” Sanders noted, adding that the team by Revix publish cryptocurrency media digest, as well as all the latest news in their weekly newsletter.
Sanders concludes: “I left the world of traditional finance and investment banking to start Revix because Revix is a wealth generation company, which opens a door for everyone to invest in this new class of cryptocurrency investment. I believe this is one of the greatest opportunities of our life. There is no greater history in finance, as far as I am concerned, than the pending impact of blockchain and related technologies on the world. I believe decentralized trust platforms operated via cryptocurrency networks will stimulate the most significant changes in the way society handles information from the Internet. All this will give rise to a new generation of global investors and opportunity-hungry businessmen Revix will link them to. “
Learn more about Revix products
Pax Gold is a 1: 1 cryptocurrency backed by gold bars where investors can acquire legal ownership of a fraction of a physical gold bar. Physical gold is safe in Brinks vaults in London and Pax Gold, like other digital assets, is divisible with a minimum investment of just R500.
The Top 10 package is like JSE Top 40 or S&P 500 for cryptocurrencies and provides equally weighted exposure to the top 10 cryptocurrencies, making up over 85% of the cryptocurrency market.
The Payment package provides equally weighted exposure to the top five payment-focused cryptocurrencies, including Bitcoin, XRP, Stellar and Litecoin. These cryptocurrencies aim to make payments cheaper, faster and more global. This is suitable for those who believe that cryptocurrencies as a means of payment will eventually become universal.
The Smart Contract package provides equally weighted exposure to the top five cryptocurrencies focused on smart contracts such as Ethereum, EOS and Tron. Smart contracts have additional features built in, to facilitate payments when certain predefined conditions are met.
What’s great is that Revix’s algorithms automatically rebalance and replenish a client’s Bundle holdings on the first of every month so they’re equally weighted and to ensure they stay up to date with the fast-moving crypto market.
About Revix
Revix brings simplicity, trust and great customer service to investment. Its easy-to-use online platform allows anyone to securely own the world’s leading investments in just a few clicks.
Revix guides new clients through the registration process, first deposit and first investment. Once set up, most clients manage their portfolios, but can access the Revix team’s support at any time.
For more information visit Revix.
This article is intended for informational purposes only. The views expressed are not and should not be construed as investment advice or recommendations. This article is not an offer, nor the solicitation of an offer, to buy or sell any of the assets or securities mentioned herein. You shouldn’t invest more than you can afford to lose, and sooner.
Featured Image: Included
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