Home » Trade Republic Launches Its Crypto Wallet: Transfer, Stake, and Pay with Crypto Within a Regulated Banking Framework

Trade Republic Launches Its Crypto Wallet: Transfer, Stake, and Pay with Crypto Within a Regulated Banking Framework

by Patricia

Manage your crypto with ease while enjoying the security of a regulated bank—that’s the promise of Trade Republic’s new Crypto Wallet. Features include: over 50 transferable cryptocurrencies, one-click staking, and crypto payments with 2% Saveback. Discover all the features of Trade Republic’s Crypto Wallet.

Trade Republic Expands 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 offerings.

Trade Republic’s new Crypto Wallet is built on three complementary pillars: transfers, staking to generate returns, and payments.

Natively integrated into Trade Republic, the Crypto Wallet is accessible to all users through the same app used for stocks and ETFs.

Here’s a detailed look at all the features of Trade Republic’s Crypto Wallet

Transfer, send, and receive over 50 cryptocurrencies

First pillar: managing cryptocurrency transfers:

  • Over 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;
  • Cryptos are held within a regulated banking structure.

Staking with displayed net returns

The second pillar of the Crypto Wallet: staking multiple cryptocurrencies directly within the app:

  • Net returns displayed transparently in real time.
  • Rewards are automatically reinvested, allowing you to benefit from the power of compound interest.
  • No hidden fees for this feature.

As a rough guide, yields can be around 6.7% per year for Solana’s SOL and 2.9% for Ethereum’s ETH (as of November 14).

Pay with crypto using the Trade Republic card and enjoy 2% Saveback

Third pillar: using cryptocurrencies for everyday expenses via the Trade Republic card:

  • Use the same card the user already owns;
  • Option to choose, at the time of payment, between paying in euros or crypto;
  • 2% Saveback credited to the savings plan (maximum €1,500 per month).

When making a purchase, Trade Republic cardholders can now choose to pay using their cryptocurrency balance. If they do so, Trade Republic automatically converts the necessary amount into euros to pay the merchant. From a tax perspective, this transaction is treated as a sale of cryptocurrency, with a potential capital gain or loss depending on price fluctuations.

Where Trade Republic stands out from other cards that allow crypto payments is that the platform can, upon request, provide a report summarizing all transactions, which greatly simplifies tax management.

Take advantage of the Crypto Wallet launch offer now

To celebrate this launch, Trade Republic is offering a limited-time promotion focused on cryptocurrency transfers to the Crypto Wallet.

Specifically, from November 14 to December 14, early adopters of the Crypto Wallet can receive a bonus on 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: hold the transferred cryptocurrencies for 2 years.

For example, if you transfer €10,000 worth of Bitcoin to the Crypto Wallet and hold it for 2 years, Trade Republic will credit 1% of the transfer’s value, or €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 features for transfers, staking, and payments.

In practical terms, Trade Republic now positions itself as a one-stop shop for managing both a portfolio of traditional securities and exposure to cryptocurrencies. With this Crypto Wallet, the fintech company is becoming more competitive in the crypto segment, while maintaining its DNA as a regulated banking platform focused on savings and investing.

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