Trust Wallet, the self-custodial crypto wallet founded by Binance co-founder Changpeng “CZ” Zhao, has teamed up with European fintech leader Revolut to provide a new method for purchasing crypto assets on its platform.
Users of Trust Wallet can now acquire Bitcoin (BTC), Ether (ETH), and Solana (SOL) through a direct integration with Revolut, as the company announced on Thursday.
With a minimum purchase of 10 euros ($12) and a daily and per transaction limit of 23,000 euros ($26,950), Trust Wallet’s new buying option aims to streamline access to crypto in Europe.
In October, Revolut obtained regulatory approval from the Cyprus Securities and Exchange Commission to provide crypto services across 30 European Economic Area markets, aligning with the European Union’s Markets in Crypto-Assets Regulation (MiCA) framework.
Initial Support Limited to Major Cryptos
The initial integration will support just three cryptocurrencies, although the companies indicated that stablecoins like Circle’s USDC (USDC) will be added in the future.
This feature allows zero-fee crypto transactions in various fiat currencies supported by Revolut, including euros, British pounds, Czech koruna, Danish Krone, Polish Złoty, and others.
Although crypto purchases through Revolut and Trust Wallet incur no fees, funding a Revolut account may not be entirely free. Charges apply for bank transfers, card top-ups, and cash deposits. A 1.5% fee applies to cash deposits, which are capped at $3,000 per month, according to Revolut’s FAQs.
Related: Crypto self-custody is a fundamental right, says SEC’s Hester Peirce
The integration follows Revolut achieving a $75 billion valuation after a private share sale in late November. “This positions us as Europe’s most valuable private company and among the top 10 globally,” the company stated in a post on X.
Backed by CZ, Trust Wallet is actively exploring emerging market sectors, including prediction markets and real-world asset tokenization, to broaden access for self-custody users.
Cointelegraph reached out to both Revolut and Trust Wallet for comments on the integration but had not received responses by the time of publication.
