Revolut has reported a significant jump in the number of its clients trading cryptocurrencies on its application during the last months. According to the data published by the payments company, the number of Revolut users trading digital currencies surged 68% in April.
The massive spike in demand in Bitcoin and other cryptocurrencies was witnesses following a 52% drop in the average value of each trade during March. Towards the end of April, the average sum of digital currencies purchased by each user also jumped by 57%.
Revolut also detailed that the demand for Bitcoin remained the highest with 51% of all traders coming from the digital currency in March and April. Demand for XRP remained second with 20% of all trades while Ethereum remained 14%. Litecoin and Bitcoin Cash together remained in the fourth position with 8% trades for each.