Revolut Partners with MetaMask to Simplify Crypto Purchase through Revolut Ramp 💸🤝

Revolut Launches New Product, Revolut Ramp, Allowing Direct Purchase of Cryptocurrencies through MetaMask

Revolut now lets MetaMask users buy cryptocurrencies directly.

Revolut, the popular online banking services provider, has recently made an exciting announcement. They have teamed up with MetaMask, the leading Web3 wallet provider, to launch Revolut Ramp. This new product allows users in the United Kingdom and the European Economic Area (EEA) to directly purchase cryptocurrencies on MetaMask. 🚀

Revolut Halts Crypto Services and Bounces Back 🛑🔁

Revolut temporarily suspended its crypto services in the UK on January 3, 2024. This was due to the new advertising law introduced by the UK Financial Conduct Authority (FCA) to protect investors. The law required crypto service providers to educate users about the risks associated with digital assets and establish a cooling-off period for first-time investors.

However, Revolut didn’t let this hurdle stop them. Just a few months later, they bounced back by partnering with MetaMask to launch Revolut Ramp. This collaboration enables traders to simply add crypto tokens to their self-custody wallets hassle-free. 🎉

Mazen Eljundi, the Global Business Head of Crypto at Revolut, expressed his excitement about the partnership, stating, “We are delighted to partner with a leader in the Web3 space, MetaMask. We will offer customers the possibility to buy more than 20 tokens with their fiat currency smoothly, securely, and without friction.” 🤝✨

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Enhanced Accessibility and More Options 💪🌍

MetaMask has become the official launch partner of Revolut Ramp, thus expanding its already expansive range of payment options available in 177 countries. This collaboration aims to enhance accessibility to purchasing cryptocurrencies, providing users with more choices than ever before.

What’s more, Revolut has plans to integrate with other leading Web3 wallet providers in the coming year. This will further expand its offerings and reach even more people, making crypto more accessible to all. 📈

Revolut Ramp: Easier Access to Crypto for Non-Users 🚀💰

Revolut Ramp allows users to utilize their fiat currency balance in their Revolut accounts or pay with Visa or Mastercard cards to acquire digital assets. The available tokens include popular cryptocurrencies like Ethereum (Ether), Tether (USDT), USDC stablecoin, Shiba Inu (SHIB), and 1inch (1INCH).

With a selection of up to 20 different cryptocurrencies, Revolut customers can conveniently purchase these tokens on the platform through their mobile app or website. This move makes Revolut an attractive choice for those looking to diversify their crypto portfolios.

Non-Revolut users who want to access the new service are required to complete the anti-money laundering (AML) and Know-Your-Customer (KYC) protocols on the platform. However, existing customers can enjoy a streamlined process without any additional verifications. 💼🔒

Revolut’s Commitment to the Crypto Revolution 💪🚀

Revolut considers the launch of Revolut Ramp as a part of its dedication to the world of crypto. They are “doubling down” on their commitment to servicing their customers and are determined to solidify their position as a key player in the emerging crypto economy.

In addition to this latest partnership, Revolut introduced its digital assets trading platform catered to advanced traders last month. The new exchange offers lower transaction fees compared to trading directly on the Revolut app, with fees ranging from 0% to 0.09%. Furthermore, users can now trade using limit and market orders, enhancing the functionality of the platform. 💼💰

With Revolut ramping up its offerings and making it easier for people to enter the crypto world, it is clear that they are ready to revolutionize the way we engage with digital assets. So get ready to dive into the crypto sphere with the help of Revolut Ramp and MetaMask! 🌌💸

📖 Related Topics: – How does Revolut Ramp work? Revolut Ramp allows users to directly purchase cryptocurrencies on MetaMask using their Revolut accounts or Visa/Mastercard cards. This streamlines the process for adding crypto tokens to self-custody wallets. – What are the fees associated with Revolut Ramp? Revolut offers competitive fees for purchasing cryptocurrencies through Revolut Ramp. The exact fees can be found on the Revolut platform. – Which cryptocurrencies are available on Revolut Ramp? Revolut Ramp offers a selection of up to 20 different cryptocurrencies, including popular options like Ethereum (Ether), Tether (USDT), USDC stablecoin, Shiba Inu (SHIB), and 1inch (1INCH). – Will Revolut integrate with other Web3 wallet providers in the future? Yes, Revolut plans to expand its offerings by integrating with other leading Web3 wallet providers in the coming year, allowing them to reach more users. – What other features does Revolut offer for crypto trading? In addition to Revolut Ramp, Revolut has introduced a digital assets trading platform for advanced traders. This platform offers lower transaction fees and the ability to trade using limit and market orders.

🌍 References: – Revolut Partners With MetaMask, Enabling Direct Purchase of Cryptocurrencies – Revolut Suspends Crypto Services in the UK – Revolut Introduces Digital Assets Trading Platform – Understanding the Risks Associated with Cryptocurrencies – A Beginner’s Guide to Web3 Wallets

📢 Are you excited about Revolut Ramp’s collaboration with MetaMask? Share your thoughts with us and stay tuned for more updates from the crypto world. Don’t forget to like and share this article with your crypto enthusiast friends. Let’s spread the word and make crypto even more accessible for everyone! 💪💼🌍

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