Digital bank Revolut has announced the integration of SegWit addresses for Bitcoin transactions, a key step in the development of cryptocurrencies.
This integration will allow Revolut users to benefit from lower transaction fees and faster transaction confirmation speeds.
In addition to SegWit addresses, Revolut will also introduce the ability to withdraw and receive funds online, allowing users to manage their Bitcoin funds directly within the bank's app, The Cryptonomist reported.
This decision reaffirms Revolut's commitment to providing its clients with the best cryptocurrency experience. The SegWit integration promotes the widespread adoption and use of this cryptocurrency, as it makes Bitcoin transactions easier and more accessible.
It's worth noting that the integration comes at a time when cryptocurrencies are gaining traction in global financial markets, and Revolut, with more than 15 million users, is at the forefront of offering advanced crypto services.
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