Belief Pockets, the self-custodial crypto pockets owned by Binance co-founder Changpeng “CZ” Zhao, has partnered with European fintech unicorn and digital banking large Revolut to introduce a brand new solution to buy crypto belongings on its platform.
Belief Pockets customers can now purchase Bitcoin (BTC), Ether (ETH) and Solana (SOL) with Revolut by means of a direct integration, the corporate introduced on Thursday.
With a minimal buy beginning at 10 euros ($12) and capped at 23,000 euros ($26,950) each day and per transaction, Belief Pockets’s new purchase choice is anticipated to offer a sooner and simpler solution to entry crypto from Europe.
In October, Revolut scored regulatory approval from the Cyprus Securities and Trade Fee to supply crypto providers throughout 30 European Financial Space markets in compliance with the European Union’s Markets in Crypto-Belongings Regulation (MiCA) framework.
Stablecoins like USDC not supported, for now
The mixing will initially assist solely three crypto belongings, however the corporations mentioned they count on so as to add stablecoins equivalent to Circle’s USDC (USDC) at a later stage.
The function permits zero-fee crypto purchases utilizing a number of fiat currencies supported by Revolut, together with the euro, the British pound, in addition to the Czech koruna, Danish Krone, Polish Złoty and others.
Whereas Revolut–Belief Pockets crypto purchases are provided with zero charges, including cash to a Revolut account shouldn’t be freed from cost in lots of circumstances, together with through financial institution transfers, card top-ups and money deposits. Money deposits are topic to a 1.5% price and are restricted to $3,000 per calendar month, in accordance with Revolut’s FAQs.
Associated: Crypto self-custody is a basic proper, says SEC’s Hester Peirce
The mixing got here shortly after Revolut secured a $75 billion firm valuation after finishing a non-public share sale in late November. “This makes us Europe’s most respected non-public firm and within the high 10 of the world’s most respected non-public corporations,” Revolut mentioned in a put up on X.
CZ-backed Belief Pockets has been actively tapping into trending market sectors, together with prediction markets and real-world asset tokenization, increasing entry to those choices for self-custody customers.
Cointelegraph contacted Revolut and Belief Pockets for touch upon the mixing, however had not acquired a response by publication.