- Uniswap adds Revolut to expand global crypto onboarding access.
- Integration supports fast fiat-to-crypto conversions across 28 regions.
- Revolut brings zero-fee payments and broad token support to the network.
Uniswap Labs brings a huge improvement with its recent integration with Revolut, which is Europe’s most popular finance application. This collaboration aims to simplify the process of buying cryptocurrencies via Uniswap’s Wallet and Web App. Revolut’s millions of users will now be able to proceed from their fiat currency straight to crypto within a quick and simplified process, without requiring them to jump between applications.
Revolut brings with it over 65 million verified users, further integrating them with the Uniswap network. Revolut’s integration further enhances the network’s geographical coverage. Revolut’s users in the additional 28 countries will now be able to rely on a familiar payment system, allowing them entry into the world of cryptocurrencies.
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Revolut Offers Simple, Fast, and Zero-Fee Purchases
Revolut’s on-ramp offers support for more than a dozen fiat currencies, such as USD, EUR, GBP, CAD, AUD, and JPY. Simultaneously, ETH, USDC on Ethereum, POL on Polygon, and some leading cryptocurrencies are also supported. An important benefit derives from Revolut’s absence of fees for users who pay via Revolut Pay.
Existing users of Revolut will enjoy a seamless process. With identity verification already established on the system, purchases happen quickly with fewer additional processes. Flexibility in the payment system within the application is also impressive. Customers can use Revolut Pay, Apple Pay, Google Pay, or debit cards based on their location.
Step-By-Step Buying Experience Within Uniswap Apps
The unified process retains users within the Uniswap interface from start to finish. To buy cryptocurrencies, buyers can click the “Buy” button on the Web App or Wallet, select the preferred token, and specify the amount of the conversion. After selecting Revolut as the payment method, the process proceeds through the Revolut onramp. Once this is done, the assets will be delivered straight to the user’s wallet.
This direct flow solves the issues of having other windows in browsers. There’s still some friction involved in this process, as new users would still be interacting with the initial phases of users who own cryptocurrencies. Although Revolut is still limited in offramping, this service will soon be implemented. Until that time, Uniswap still provides other alternatives for users.
Uniswap’s partnership with Revolut helps to further enhance the existing list of on-ramp solutions, such as Robinhood, Transak, and MoonPay. Uniswap’s move is in line with its existing strategy of increasing accessibility across different regions. Previously, users were limited in terms of accessing the Uniswap ecosystem through bank transfers or debit cards.
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