In a Thursday (Dec. 11) post on X, Trust Wallet said the integration enables Revolut users to buy crypto directly in Trust Wallet.
“Two trusted brands. One seamless onramp,” the company said in its post.
According to the announcement, Trust Wallet’s self-custody wallet has more than 200 million users, and Revolut’s financial app has 65 million users.
With the integration, Revolut is now available on Trust Wallet across the European Economic Area (EEA), and the new feature works with Revolut-supported fiat currencies.
“For customers in Europe, funding your wallet has often meant juggling apps, fees and waiting times,” the announcement said. It added that Revolut on Trust Wallet changes that by enabling instant purchases as well as 0% fees when Revolut Pay is used as a payment method.
The new feature is powered by Revolut Ramp, per the announcement. Revolut Ramp enables traders to purchase crypto directly in their wallets, according to a Revolut press release.
This is the latest of several partnerships and products around crypto that have been launched by Revolut.
The company said in November that it began offering users the ability to swap between stablecoins and fiat currency. The company said users can switch between U.S. dollars and Tether’s USDT or Circle’s USDC at a 1:1 rate, with “no spreads” and “straight-up price matching.”
In May, Revolut teamed up with cryptocurrency infrastructure firm Lightspark to speed bitcoin transactions in Europe and the United Kingdom. The integration lets Revolut tap into Lightspark’s Lightning Network-based payment protocol for near-instant bitcoin transfers.
The company launched a stand-alone cryptocurrency exchange for professional traders in May 2024, saying Revolut X is designed to compete with other top exchanges by offering easy on- and off-ramping and low fees.
“Revolut X along with our recent partnership with MetaMask, further consolidates our product offering in the world of Web3,” Leonid Bashlykov, head of crypto exchange product at Revolut, said at the time in a press release.
