Trade Republic’s new Crypto Wallet promises to make managing your crypto easy while offering the security of a regulated bank. It offers more than 50 transferable cryptocurrencies, one-click staking, and crypto payments with 2% Saveback. Discover all the features of Trade Republic’s Crypto Wallet.
Trade Republic completes its offering with the Crypto Wallet
Trade Republic, one of Europe’s leading savings and investment platforms, has just unveiled its Crypto Wallet. After making a name for itself by making it easy to invest in stocks and ETFs with low fees, Trade Republic is significantly expanding its cryptocurrency offering.
Trade Republic’s new Crypto Wallet is based on three complementary pillars: transfers, staking to generate returns, and payments.
Natively integrated into Trade Republic, the Crypto Wallet is accessible to all users from the same app used for stocks and ETFs.
Here are all the features of Trade Republic’s Crypto Wallet in detail 👇
Transfer, send, and receive more than 50 cryptocurrencies
First building block: cryptocurrency transfer management:
- More than 50 cryptocurrencies can be transferred to and from other wallets;
- Trade Republic does not charge any additional fees for transfers; only standard blockchain fees apply;
- Cryptocurrencies are stored within a regulated banking structure.
Staking with net returns displayed
The second pillar of the Crypto Wallet: staking multiple cryptocurrencies directly in the app:
- Net returns displayed transparently in real time.
- Rewards automatically reinvested, allowing you to benefit from the effect of compound interest.
- No hidden fees for this feature.
As a guide, returns can be around 6.7% per year for Solana’s SOL and 2.9% for Ethereum’s ETH (as of November 14).
Pay in crypto with the Trade Republic card and enjoy 2% Saveback
Third pillar: using cryptocurrencies for everyday expenses via the Trade Republic card:
- Use of the same card already owned by the user;
- Option to choose between paying in euros or crypto at the time of payment;
- 2% Saveback credited to the savings plan (maximum €1,500 per month).
When making a purchase, Trade Republic cardholders can now choose to pay with their cryptocurrency balance. If they do so, Trade Republic automatically converts the amount needed to pay the merchant into euros. From a tax perspective, this transaction is similar to a cryptocurrency sale, with a potential capital gain or loss depending on price movements.
Where Trade Republic stands out from other cards that allow payments via cryptocurrencies is that the platform can, upon request, provide a report listing all transactions, which greatly simplifies tax management.
Take advantage of the Crypto Wallet launch offer now
To accompany this launch, Trade Republic is introducing a limited-time promotional offer focused on cryptocurrency transfers to the Crypto Wallet.
Specifically, from November 14 to December 14, early users of the Crypto Wallet can benefit from a bonus dedicated to incoming transfers:
- +1% bonus on all new cryptocurrencies transferred to the Crypto Wallet;
- No amount limit: the bonus applies regardless of the volume transferred;
- Essential condition: keep the transferred cryptos for 2 years.
For example, if you transfer €10,000 worth of Bitcoin to the Crypto Wallet and keep it there for 2 years, Trade Republic will credit you with 1% of the transfer value, i.e., €100.
For investors who already own cryptocurrencies, the launch of the Crypto Wallet is the perfect opportunity to try out Trade Republic. The platform is no longer limited to stocks, ETFs, savings plans, and bonds: it now offers a crypto section integrated into the same app, with transfer, staking, and payment features.
In concrete terms, Trade Republic is now positioning itself as a one-stop shop for managing both a traditional securities portfolio and exposure to cryptocurrencies. With this Crypto Wallet, the fintech company is becoming more competitive in the crypto segment, while retaining its DNA as a regulated banking platform focused on savings and investment.
