• 19 June, 2024
News

German Bank N26 Introduces Cryptocurrency Trading Platform

The present market instability in the digital asset industry is not deterring the German online bank N26 from expanding its cryptocurrency offering into five additional regions. The cryptocurrency trading platform, which will be known as N26 Crypto, will be made gradually accessible to user accounts in Germany, Switzerland, Belgium, Portugal, and Ireland.

Before the most recent news, N26 Crypto was only available to those who resided in Austria as clients. The cryptocurrency exchange now manages assets worth $6.5 billion and is carried out in cooperation with the asset management section of Bitpanda, an app based in Austria that facilitates cryptocurrency trading.

Although regular N26 users will have access to N26 Crypto, it is also being marketed as a benefit for premium clients, with Bitcoin transaction rates dropping as low as 1% for account holders in its N26 Metal program.

Customers are provided with an accurate grasp of their portfolio performance via the use of a user interface that is meant to be approachable. This interface provides real-time trading logs in addition to clear visual graphs.

N26 co-founder and co-CEO, Valentin Stalf, said:

“Market fluctuations aside, cryptocurrencies continue to remain a requested and interesting asset class for investors and a growing part of the financial system.”

He went on to say that trading cryptocurrencies is often the first step in the investment process for younger people who are looking at other avenues via which they might expand their money. They provide a straightforward method for trading and investing via N26 Crypto, which boasts an exceptional user experience in addition to fees that are both transparent and competitively priced, says Stalf.

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