Revolut, the global fintech giant, has taken a significant leap forward in the world of cryptocurrency with the launch of its latest product, Revolut Ramp.
This innovative offering, developed in partnership with MetaMask, the world’s leading self-custodial wallet, aims to simplify the process of purchasing cryptocurrencies for Revolut’s 40 million customers worldwide.
TLDR
- Revolut launches Revolut Ramp, enabling crypto purchases directly into MetaMask wallets
- Customers can use their Revolut account balance, Visa or Mastercard to purchase crypto with low fees
- Over 20 tokens are available, including ETH, USDC, USDT, and SHIB
- Revolut Ramp offers an integrated KYC process for non-Revolut customers
- More integrations with leading web3 players will be coming throughout the year
Revolut Ramp seamlessly integrates with MetaMask’s mobile app, browser extension, and portfolio, allowing users to effortlessly top up their self-custody wallets with a wide range of cryptocurrencies.
By leveraging Revolut’s expertise in processing millions of pounds worth of fiat transactions daily, along with its popular crypto product, Revolut Ramp offers a user-friendly and efficient solution for entering the world of web3.
One of the key advantages of Revolut Ramp is its ability to facilitate crypto purchases within seconds. Customers can use their fiat currency balance, held in 18 currencies in their Revolut account, or pay with their Visa or Mastercard bank card.
Revolut users can bypass any additional verification checks, as Revolut relies on the existing verification from the Revolut app, making the checkout process quick and seamless.
For non-Revolut customers, Revolut Ramp offers an integrated Know Your Customer (KYC) process that can be completed in just a few minutes. This process utilizes the same infrastructure that has been used to verify the identities of millions of Revolut users, ensuring a smooth and low-friction experience.
Revolut Ramp offers a diverse selection of more than 20 tokens, including popular cryptocurrencies such as ETH, USDC, USDT, SHIB, and 1INCH. Customers can purchase these tokens at competitive fees via the app or website, making it an attractive option for those looking to diversify their crypto portfolio.
The partnership between Revolut and MetaMask is a significant milestone in fostering broader crypto adoption. By combining Revolut’s user-friendly platform with MetaMask’s trusted self-custody wallet, the two companies are making cryptocurrencies more accessible and less complicated for a wider audience.
Looking ahead, Revolut plans to expand its Revolut Ramp offering by integrating with other leading web3 players throughout the year. This commitment to making crypto purchases seamless and secure demonstrates Revolut’s dedication to being at the forefront of the rapidly evolving world of cryptocurrencies.
As with any investment, Revolut encourages its customers to thoroughly research the various cryptocurrencies and understand the risks and opportunities before buying or selling. The company regularly communicates with customers, emphasizing that crypto tokens are volatile assets and prices can change quickly.
The launch of Revolut Ramp marks an exciting new chapter in Revolut’s crypto journey, empowering its customers to easily and securely purchase cryptocurrencies directly into their MetaMask wallets. As the world of web3 continues to grow and evolve, Revolut is well-positioned to be a leading player in making cryptocurrencies accessible to a global audience.
