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Digital Banking Platform Revolut Rolls Out New Candlesticks for Crypto and Commodities Price Movements, Introduces Group Vault Controls

February 8, 2021
in Crowdfunding News
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Digital Banking Platform Revolut Rolls Out New Candlesticks for Crypto and Commodities Price Movements, Introduces Group Vault Controls
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Elizabeth McGrath from digital bank Revolut notes that the company is rolling out new features such as candlestick charts and Group Vault controls.

McGrath confirms that clients will now be able to track crypto and commodities price movements “by the hour” with Revolut’s new candlestick charts which are available in-app. Users may get a “highly detailed” view of price movements “down to the hour” for all of their crypto and commodities.

Revolut adds that as the digital assets market is known for moving really quickly, candlestick charts may serve as a helpful tool for “staying on top of things.” Users can also set limits and stop orders on crypto and commodities. Revolut says that users will have “even more control of their trades as the markets move now that you can set limits and stop orders on crypto and commodities with ease,” which will help them stay within their budget and means.

The digital banking platform shared more updates:

“With more controls added to Group Vaults, the group admin can now give members the ability to withdraw, or choose to allow them to deposit only. So if you’re all pitching in to buy someone a special gift, it means one person can buy the cake and someone else can sort the present – which can be very helpful if the group admin is too busy to hit the (online) shops!”

Users may also view key information and highlights such as analytics on their home feed. You may explore your updated home feed and check out highlights and shortcuts added for key information.

Revolut’s management reminded users that crypto-assets and commodities are offered by Revolut Ltd while other products to users in the European Economic Area (EEA) are provided by Revolut Payments UAB.

The bank also noted that you need to make sure you’ve updated your app so you may access these new features.

As reported recently, Revolut will permanently allow employees to work remotely. In a sign of the times, the digital bank announced last week that it is migrating towards permanent flexible working for the majority of its 2000 plus employees.

Going forward, employees may choose where they work and if they want to come to the office. As for the existing offices, 70% of this space will be devoted to collaboration and teamwork in a move to boost employee experience and productivity. In the past, Revolut has stated they experienced a productivity increase when offices migrated to a remote working environment induced by the ongoing COVID-19 health crisis.

As covered, Revolut recently explained why cyber insurance has become necessary for Internet firms with cyberattacks on the rise.



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Tags: BankingCandlesticksCommoditiesControlsCryptoDigitalGroupIntroducesMovementsPlatformPriceRevolutRollsVault
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