INSUBCONTINENT EXCLUSIVE:
Fintech startup Revolut has introduced a new trading feature for premium users
Starting today, Premium and Metal users can access gold exposure from the app.Revolut works with a gold services partner (London Bullion
Market Association) so that money you spend on gold exposure is backed by real gold held by this partner
You can just invest money based on the price of gold.The startup has been building a financial hub and already lets you purchase
cryptocurrencies and buy public shares
Gold is part of a new feature called Commodities.There are multiple ways to invest in gold
You can purchase gold exposure directly at market price, set a limit price to auto-exchange gold when it reaches a certain price or get
cashback in gold for Metal customers.At any time, you can convert your gold investment back into fiat currencies or cryptocurrencies
If you spend money with your Revolut card and you only have gold, Revolut will use your gold exposure automatically
trade gold during the week and a 1% markup from Saturday at midnight to Monday at midnight U.K
