Revolut and Trust Wallet Expands Crypto Services with Instant Purchases in EU

TLDR

• Revolut and Trust Wallet’s partnership enables instant crypto buys directly into self-custodial Trust Wallet.
• Users in the EU can fund Trust Wallets using RevolutPay, debit/credit cards, or bank transfers with zero fees in some cases.
• Revolut’s MiCA license in Cyprus expands its crypto services across the European Economic Area.
• The integration supports Bitcoin, Ether, Solana, USDC, and USDT, with plans to add more cryptocurrencies.
• Revolut aims to provide greater control over digital assets and expand its global crypto reach.

Revolut and Trust Wallet have partnered to offer instant crypto purchases across the European Union. This collaboration enables users to buy cryptocurrencies and store them directly in their Trust Wallet, which is a self-custodial app. By eliminating the need for centralized exchanges, the companies aim to give users full control of their assets from the moment of purchase.

Instant Crypto Purchases With Zero Fees

The integration allows European users to fund their Trust Wallets instantly. Payments can be made through RevolutPay, debit/credit cards, or bank transfers. In some cases, there are zero fees involved in these transactions. Revolut and Trust Wallet emphasize that users can avoid depositing funds into a centralized exchange, which is often required by other platforms.

This launch marks a significant step in Revolut’s expansion of its crypto offerings. The company recently secured a MiCA license in Cyprus, allowing it to offer crypto services across the European Economic Area. As a result, Revolut users will now benefit from quicker and more seamless crypto purchases, directly transferred to their self-custodial Trust Wallets.

Supported Cryptocurrencies and Future Expansion

At launch, the integration supports several popular cryptocurrencies, including Bitcoin, Ether, Solana, USDC, and USDT. Revolut has confirmed that additional assets will be added to the platform in the future. This is part of a broader strategy to enhance its crypto services, following its growing global reach.

Revolut continues to expand its services, having recently reached a $75 billion valuation. The fintech giant has also added new banking licenses in Mexico and Colombia. Revolut’s partnership with Trust Wallet offers another step in its efforts to diversify its crypto offerings, providing users with more control over their digital assets.

The companies also plan to extend the service to other markets, enhancing their presence in the global crypto ecosystem. With the integration of Trust Wallet, Revolut’s users can now access a broader range of cryptocurrency features, all while maintaining self-custody.

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