Crypto.com is a cryptocurrency company, and Revolut is a global financial application. Crypto.com began its services in 2017, which offered payment cards, and Revolut began its services in 2015 by offering money exchange cards. Both of them are crypto cards, and huge companies like Microsoft and Expedia accept payment in cryptocurrency.
Crypto.com vs Revolut
The main difference between Crypto.com and Revolut is Crypto.com is a platform that works using the only cryptocurrency, but Revolut offers international payments with every type of currency. Crypto also enables the user to earn rewards from their deposits. It provides crypto-backed rewards cards. Revolut is a very fast-moving application and makes the process of investing in stocks very easy.
Crypto.com is a website that offers users the use of cryptocurrencies. It started its services in 2017. It was the first company that offered VISA-backed rewards cards. It was founded in Monaco. They made a new token called Crypto.com Chain, which became a premium token. It is available in Singapore, the USA, and EU countries.
Revolut is an application. It began in 2015. It started in London. This app can be termed an online bank. It is a full-fledged bank. They started their application as a currency exchange card. It is open to all. People situated in UK, Singapore, or Canada can use the services.
Comparison Table Between Crypto.com and Revolut
| Parameters of Comparison | Crypto.com | Revolut |
| Platform | Website, Application | Application |
| Real-Investing | Yes | No |
| Rewards | Yes | No |
| Speed | High exchange protocol | Fast international deliveries |
| Payment | No | Fast international payments |
| Token | Two-token system | No |
What is Crypto.com?
This is a website that offers services for cryptocurrencies. The services began in 2017. It started its currency exchange card. The company was founded in Monaco. It was the first company that offered VISA-backed rewards cards.
The services were started using initial coin offering using Monaco tokens. It then formed a premium token. The premium tokens are the Crypto.com chain which has high-end. This is an ERC-20 token.
Their services are backed by Federal Deposit Insurance Corporation. It consists of fifty types of crypto coins. The users can buy or sell cryptocurrencies. It consists of Crypto.com chain, Bitcoin, Ethereum, Ripple, Litecoin, and Binance Coins.
It lets the user use the website or the application. The users can even make payments using cryptocurrencies. Users can borrow any line of credit using Stablecoin to buy or sell. Users also receive cashback through the services on every payment through cryptocurrencies.
Crypto.com is a real investing in cryptocurrency. It offers credit card benefits. It lets the users use rebakes for payment in companies like Spotify or Netflix. They keep on prioritizing their tokens.
Their headquarters are situated in Switzerland. They are also situated in Hong Kong and Singapore. It is not a USA-based company.
What is Revolut?
An application that started as a currency exchange card. This is an application as all its services are online available. It is an online bank. It provides services to many locations like Singapore, Canada, and European Economic Area, and many more places around the world.
It then offered services for cryptocurrency exchange. It started its cryptocurrency services in 2017. The application made changes and offered services for cryptocurrency as well. It is a bank.
It is a registered bank under Financial Conduct Authority. It has twenty-five fiat currencies. It also has 10 cryptocurrencies. It includes Bitcoin, Litecoin, Ethereum, Ripple, Bitcoin Cash, Stellar Lumens, Tezos, EOS, OMG Network, and 0x.
It allows users to buy and exchange cryptocurrencies with fiat currencies. The most used cryptocurrency is Bitcoin, Litecoin and Ether. It lets the user track the real-time rates and performance of the cryptocurrency. It is a unique bank. It is very easy for beginners.
The trading fees of Revolut are comparatively low as compared to market trading fees. This system is based on exchange, not buying or selling. The services can be taken when you pay the money monthly. The higher you pay, you will receive more services. Revolut cards have a pretty look on them.
Main Differences Between Crypto.com and Revolut
- Crypto.com is a website, whereas Revolut is an application.
- Crypto.com is a real investment in cryptocurrency, but Revolut is not investing in cryptocurrencies.
- Crypto.com has a rewards scheme, but Revolut has no such rewards scheme.
- Crypto.com has a high-speed exchange protocol, but Revolut has fast international deliveries.
- Crypto.com has no payment service, but Revolut has fast international payments.
- Crypto.com has two token systems, but Revolut has no tokens.
Conclusion
Crypto.com and Revolut offer services in cryptocurrencies and have other differences in the services offered by them. Crypto.com is a real investment in cryptocurrency, but Revolut is not investing in cryptocurrencies. Revolut is an application as all its services are online available. It is a unique bank. The services can be taken when you pay the money monthly.
This system is based on exchange, not buying or selling. It provides services to many locations like Singapore, Canada, and European Economic Area. Revolut has fast international payments. The most used cryptocurrency is Bitcoin, Litecoin and Ether. It then offered services for cryptocurrency exchange. It is a registered bank under Financial Conduct Authority.
Crypto.com was the first company that offered VISA-backed rewards cards. Crypto.com has a high-speed exchange protocol, but Revolut has fast international deliveries. It consists of fifty types of crypto coins. The users can buy or sell cryptocurrencies. The company was founded in Monaco. The users can even make payments using cryptocurrencies.
Their headquarters are situated in Switzerland. The services were started using initial coin offering using Monaco tokens. It then formed a premium token. They made a new token called Crypto.com Chain, which became a premium token. Crypto.com has no payment service, but Revolut has fast international payments. The system works solely on cryptocurrencies.
References
- https://go.gale.com/ps/i.do?id=GALE%7CA20036643&sid=googleScholar&v=2.1&it=r&linkaccess=abs&issn=00010782&p=AONE&sw=w
- https://www.worldscientific.com/doi/abs/10.1142/S0219877020500339?af=R&