TechCrunch | Romain Dillet | Oct 20, 2022
Picture: N26
Challenger financial institution N26 is launching a brand new buying and selling characteristic in its app — N26 Crypto. Customers will be capable to simply commerce crypto belongings utilizing cash of their N26 account. Behind the scenes, N26 is partnering with Bitpanda to deal with buying and selling and custody.
- N26 goes to slowly roll out N26 Crypto throughout Europe. At first, just some customers in Austria will be capable to entry the brand new characteristic. Different nations ought to get the characteristic sooner or later over the subsequent six months.
- Crypto buying and selling: N26 will allow you to purchase, promote and maintain 100 completely different crypto belongings. The startup plans so as to add one other 94 crypto belongings later down the highway. And I’m certain the corporate will broaden to shares and different asset courses quickly.
- N26 plans to cost 1.5% for bitcoin trades and a couple of.5% for all different cryptocurrencies. That’s the identical price that customers pay in Bitpanda’s personal app.
- Customers who pay €16.90 monthly for N26 Metallic can pay 1% and a couple of% in transaction charges on bitcoin and different cryptocurrencies respectively.
See: N26 addresses neobank’s tradition struggles
- The most important benefit with N26 Crypto is that it’s immediately tied along with your current checking account. You don’t should add cash to a unique buying and selling account, swap to the Bitpanda app (or one other app) after which begin buying and selling.
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