Revolut and Trust Wallet Launch Instant Crypto Purchases in Europe

Revenue Fintech leader Revolut has joined forces with Trust Wallet, the self-custodial wallet owned by Binance co-founder Changpeng Zhao, to enable faster, more secure crypto purchases in Europe. Revolut and Trust Wallet integration was announced on Thursday, and it will allow Trust Wallet users to buy crypto directly with RevolutPay, debit cards, or bank transfers. The best part of this partnership is that users can now buy crypto without depositing money in a centralized exchange, offering a smooth experience and immediate crypto purchase.

Self-Custody Focus for Safer Crypto Purchases in Europe

The most notable aspect of this partnership is the focus on self-custody. Users can purchase crypto and have their assets directly transferred into their Trust Wallet, a self-custodial application with more than 220 million users around the world. This does not require any third-party transactions, and users are in complete control and safe with their cryptocurrencies.

Zero-Fee Crypto Purchases and Instant Access

The Revolut and Trust Wallet app enables users to buy crypto at zero fees in Europe in Bitcoin (BTC), Ether (ETH), and Solana (SOL). Supported fiat currencies are the euro, British pound, Polish zloty, and others. Despite certain charges for adding money to a Revolut account (including payment fees on bank transfers or cash deposits), the actual crypto purchases are not charged, and they provide an affordable method to buy each of these cryptocurrencies.

What’s Next for Revolut and Trust Wallet in the EU?

Revolut and Trust Wallet’s partnership is part of a broader strategy of Revolut to develop its crypto services. In November 2024, the London-based fintech was valued at 75 billion dollars, thus becoming one of the largest in the global fintech market. Besides its crypto products, Revolut has gone international and acquired licenses to operate in Mexico and Colombia, as well as adding to its crypto offerings, including remittances on the Polygon blockchain.

Revolut’s Expansion into Crypto and the Global Market

The introduction of new crypto purchases offered by Revolut and Trust Wallet is a significant change in the way European consumers can purchase and store cryptocurrency. This partnership will make crypto more accessible and safe to European consumers with zero-fee transactions, self-custody control, and instant access to major digital assets. With the addition of more cryptocurrencies and services to their range of offerings, users can expect their additions to grow in the near future as both companies continue to expand.

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Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are highly volatile and risky. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.