- Revolut and Metamask team up to offer easy and seamless crypto purchase experience.
- Revolut’s users can now purchase and deposit a variety of cryptocurrencies straight into their MetaMask wallets.
The world’s top cryptocurrency wallet, MetaMask, and the UK-based Revolut, have teamed together to strategically launch a game-changing feature called “Revolut Ramp.”
By working together, both platforms hope to meet the increasing demand for user-friendly cryptocurrency services by streamlining the process of buying and depositing cryptocurrency straight into MetaMask wallets.
Hi fam! We’re thrilled to announce that we’re joining forces with @RevolutApp. With the integration of Revolut Ramp, onboarding to web3 just became easier for millions of users!https://t.co/5XtiDU6JoI
— MetaMask 🦊🫰 (@MetaMask) March 6, 2024
The newest fiat/cryptocurrency on-ramp from Revolut, called Revolut Ramp, is poised to completely transform how consumers engage with digital assets. With this ground-breaking innovation, Revolut’s 40 million+ users can now purchase and deposit a variety of cryptocurrencies straight into their MetaMask wallets.
The connection makes it possible to use Know Your Customer (KYC) checks as one of the new features. Since the company depends on current verification, users of the Revolut app sending money to MetaMask will avoid verification tests. Personal data is usually gathered and verified as part of KYC procedures.
For the majority of investors, cryptocurrency investing is infamously difficult, especially when it comes to accepting self-custody of digital assets. Revolut has proven to be skilled at handling millions of transactions every day, and Revolut Ramp may offer a fresh approach to expediting the adoption of cryptocurrencies.
When a user clicks “buy” in their wallet on MetaMask, they will see Revolut listed as a provider under the platform’s debit or credit payment options, the business claims. Users are automatically taken to Revolut’s payment flow after making their selection.
With 30 million users, MetaMask has a large user base. This partnership takes advantage of this reach to offer those who want more control over their cryptocurrency holdings a simple and easy-to-use experience. Through the MetaMask app, browser extension, and Portfolio platform, users can easily purchase up to 20 cryptocurrencies, including well-known choices like Ethereum (ETH), USD Coin (USDC), and Shiba Inu (SHIB).
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.
