Revolut launches cryptocurrency education courses

Revolut has launched a series of online learning courses aimed at improving UK customers’ understanding of cryptocurrency.

The ‘Learn & Earn’ courses have been created to help customers improve their knowledge of cryptocurrencies and related topics, including blockchains, and the most popular tokens and protocols.

The courses are available to Revolut customers, who can earn up to 15USD in DOT tokens by taking these short online courses and passing a final quiz.

‘Crypto Basics’ is the first of the two courses and helps educate customers on what cryptocurrencies are compared to fiat money; the meaning of a ‘decentralised system’; cryptography; the mechanics of the blockchain technology; and the risks associated with crypto investments.

The second course is based on the multichain network Polkadot, and how it unites blockchains into Web3 - the decentralised internet.

The course will use visual materials including interactive cards and videos to share key insights about Polkadot’s native token, DOT, as well as Polkadot’s use cases, Polkadot's governance system, and the Polkadot ‘Relay Chain’, the central chain used by the Polkadot network that allows specialised and public blockchain to connect in a unified network.

Emil Urmashin, crypto general manager at Revolut, said: “There’s a huge appetite from our customers to learn more about cryptocurrencies. ‘Learn & Earn‘ will help them better understand the trends, risks and potential opportunities associated with Crypto.

He added: “Our collaboration with Web3 Foundation on Polkadot, one of the most popular blockchain networks, will help customers become more familiar with crypto concepts.”

Revolut said it is planning to add more courses to ‘Learn and Earn‘ this year to enable more people to take better control of their finances.

Revolut has rolled out a number of ways for customers to buy and sell up to 80 cryptocurrencies on Revolut, including the ability to set up a stop or limit order so they don’t have to time the market and recurring buy feature which aims to average out volatility.

Customers can also roundup any spare change in a cryptocurrency of their choice.

Revolut says it believes in widening access to crypto and also recognises that it may not be appropriate for everyone, so the company encourages its customers to research the various cryptocurrencies and the risks and opportunities before buying or selling.

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