New Way to Buy Crypto in Europe: Trust Wallet and Revolut Team Up

Trust Wallet, a popular crypto wallet, has joined forces with Revolut, a leading digital banking platform, to make crypto purchases more accessible for users in Europe.

Key Features of the Partnership

• Direct Purchases: Users can now buy Bitcoin, Ethereum, and Solana directly through the Trust Wallet app using Revolut's services.
• Low Minimum Purchase: The minimum purchase amount is just 10 euros, with a daily maximum of 23,000 euros.
• Regulatory Approval: Revolut recently received approval from Cyprus regulators to offer crypto services across Europe, making this partnership timely.

Future Plans and Fees

• Stablecoins Coming Soon: The companies plan to add stablecoins like USDC in the future.
• Fee-Free Purchases: Buying crypto through this feature is fee-free, but adding funds to your Revolut account may incur fees depending on the method (bank transfers, card top-ups, or cash deposits).

Company Backgrounds

• Revolut's Recent Success: The partnership follows Revolut's recent private funding round, making it one of the most valuable private companies globally.
• Trust Wallet's Expansion: Backed by Binance's co-founder, Trust Wallet has been expanding into areas like prediction markets and tokenizing real-world assets.

Potential Impact

This collaboration could make crypto more accessible in Europe, though neither company has provided additional details on the feature yet.