Revolut and Ledger Partner to Simplify Crypto Buying in Europe
Revolut teams up with Ledger to make crypto purchases easier and more secure for users in select European countries, expanding access to digital assets.
Revolut, a UK-based fintech company, has teamed up with Ledger, a leading provider of crypto hardware wallets, to make buying digital assets easier for users in selected European countries. This collaboration marks a significant step towards simplifying cryptocurrency access for more people.
We're excited to announce that @RevolutApp is now available as a buy provider through Ledger Live!
With your Revolut account or card, you can now buy your crypto and have it instantly secured with your Ledger wallet.
Read more at: https://t.co/0YFvrnm6yUpic.twitter.com/BUsqbPPsTA — Ledger (@Ledger) August 14, 2024
Revolut announced that its app will now integrate with Ledger Live, the software behind Ledger’s hardware wallets. This integration allows Revolut users to purchase cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) directly through the Ledger Live app. The combination of Revolut’s user-friendly platform with Ledger’s secure hardware offers a seamless experience for managing crypto investments.
This partnership is part of Revolut’s larger mission to bring more people into the crypto world. It will simplify the process of buying cryptocurrencies for investors in certain countries within the European Economic Area (EEA). Existing Revolut users who have completed the required Know-Your-Customer (KYC) verification can now easily buy digital assets using their bank cards. New users can also start purchasing cryptocurrencies after completing a straightforward KYC process with Visa or Mastercard.
Pascal Gauthier, Chairman and CEO of Ledger, stated that this partnership will increase user confidence in entering the Web3 economy. He emphasized the shared commitment between Revolut and Ledger to enhance security and accessibility in the crypto space, making it easier for users to transition from traditional web platforms to the decentralized Web3 environment.
Revolut has also partnered with MetaMask, a popular self-custody Web3 wallet, to further expand crypto accessibility. This integration allows users to quickly purchase new tokens directly into their MetaMask wallets using fiat currency or bank cards. Revolut is making it easier for users to navigate the decentralized web and access digital assets.
In addition to these partnerships, Revolut recently launched its own centralized cryptocurrency exchange, Revolut X. Currently available to professional investors, Revolut X allows for the exchange of fiat currencies for cryptocurrencies with low transaction fees. Revolut plans to open this platform to retail traders soon, further expanding access to the crypto market.
In summary, Revolut’s collaboration with Ledger and MetaMask, along with the launch of Revolut X, shows the company’s dedication to making cryptocurrency investment more accessible and secure across Europe. By integrating with leading platforms and focusing on user-friendly solutions, Revolut is playing a key role in helping users confidently enter the digital asset economy.
