Neobank N26 in partnership with Bitpanda will launch a crypto trade service
German neobank N26 in the coming months will add to the application the possibility of trade about 200 digital assets. The startup will take advantage of the decision of the Austrian crypto -tank Bitpanda under its own brand, writes Coindesk.
The function of output of cryptocurrencies to third Janet Yellen: FTX -party wallets is not provided.
Gille Bianros Director explained that the decision will prevent fraud and establish high security standards.
According to the top manager, the platform is a “non -anonymous crypto -trade system”, which has “strict tolerance criteria” in addition to the existing KYC Bank’s Treasures.
Bianros emphasized that N26 is building long -term plans for digital assets that “will remain an important part of the financial ecosystem”.
Initially, the crypto trade service will become affordable customers in Austria. The company did not specify which countries will extend the expansion in the future.
In 2020, the media reported that N26 considered the Bitpanda absorption option shortly before the screamers of the screaming of $ 4.1 billion.
Recall that in July 2021, Neobank launched the development center in order to integrate digital assets into the application of the possibility of trading.
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