Coin Edition -
- N26 has added five more countries to participate in crypto trading.
- Previously, N26’s crypto trading services were for customers in Austria alone.
- The German-based bank joins the industry pretty late after Visa (NYSE:V), Revolut, and PayPal (NASDAQ:PYPL).
The European digital banking giant N26 is now extending its crypto trading products to Germany, Switzerland, Belgium, Portugal, and Ireland. According to an official document early today, the online banking giant noted that its customers in the aforementioned countries would now be eligible to buy and sell crypto directly from the N26 App.
With over six billion euros of customer deposits, N26 Crypto aims to help its users manage more aspects of their finances as its first step into the trading and investment space.
Gilles BianRosa, Chief Product Officer at N26, stated:
With N26 Crypto, we have created a simple, intuitive product that integrates seamlessly into N26’s fully-regulated banking experience where one’s bank balance, savings, and investment portfolio sit side by side with cryptocurrencies.
Last October, N26 announced its intention to facilitate the trade of almost 200 crypto tokens for Austrians in collaboration with the Bitpanda exchange. BianRosa noted that providing crypto trading to N26 customers was a wealth-building option.
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