Revolutionizing Crypto Purchases with Revolut and Ledger
Revolut, a British fintech company, has collaborated with Ledger to provide a seamless on-ramp for customers to access the crypto ecosystem. Now, users of Ledger Live in most European Economic Area nations can easily purchase cryptocurrencies using their Revolut accounts or cards. This partnership aims to simplify the process of buying and managing digital assets, offering a convenient solution for crypto investors.
Revolut Simplifies Crypto Buying on Ledger Live for Verified Users
- Customers who have completed the identity verification process on Revolut can buy crypto on Ledger Live without additional checks.
- Non-Revolut users can verify their identity through an integrated Know Your Customer process and use their Visa or Mastercard for payments.
- The partnership between Ledger and Revolut expands access to crypto, providing users with a straightforward entry into the world of digital assets and self-custody.
- Emil Urmanshin, Crypto General Manager at Revolut, expressed excitement about working with Ledger to enhance the onboarding process for users.
Fintech Expands Crypto-Related Services
- In addition to the partnership with Ledger, Revolut has introduced two new crypto initiatives to enhance its offerings in the digital asset space.
- Earlier this year, the fintech company partnered with MetaMask, a popular crypto wallet, to enable users in the UK and Europe to access digital assets conveniently.
- Furthermore, Revolut expanded its services in May by collaborating with Stake, a trading platform catering to retail investors in the UK.
Hot Take: Embracing Innovation in Crypto Finance
As the collaboration between Revolut and Ledger demonstrates, the crypto industry continues to evolve, providing users with innovative solutions for accessing and managing digital assets. This partnership highlights the growing importance of fintech companies in driving adoption and mainstream acceptance of cryptocurrencies.
Sources:
Ledger Live
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