N26 Crypto: Buy and Trade Cryptocurrencies Across Europe with Low Fees

• N26 recently launched N26 Crypto, a new digital currency trading initiative.
• N26 has announced an expansion of its N26 Crypto trading product to Germany, Switzerland, Belgium, Ireland, and Portugal.
• N26 pitches its N26 Crypto scheme as a perk for premium customers, with account holders in its N26 Metal program being privy to Bitcoin (BTC) transaction fees as low as 1%.

German neobank N26 recently launched N26 Crypto, a new digital currency trading initiative that it sees gaining traction across the West. The neobank has now announced an expansion of its N26 Crypto trading product to Germany, Switzerland, Belgium, Ireland, and Portugal. This development gives customers in these countries access to and the ability to trade a suite of more than 200 digital currencies.

The rollout of the expanded trading will be done gradually over subsequent weeks, with N26 pitching its N26 Crypto scheme as a perk for premium customers. Those with accounts in its N26 Metal program will have access to Bitcoin (BTC) transaction fees as low as 1%. Reports also state that standard N26 customers will also have access.

N26 co-founder and co-CEO Valentin Stalf commented on the growing popularity of crypto trading, saying: “Market fluctuations aside, cryptocurrencies continue to remain a requested and interesting asset class for investors and a growing part of the financial system. Cryptocurrency trading is one of the most requested features in the N26 App, and we are excited to have launched a tailored solution for our customers.”

The N26 Crypto product allows customers to buy and sell assets directly from the N26 app. It also offers a host of features such as real-time price tracking and 24/7 customer service. The neobank has also ensured that customers are protected when trading, with a two-factor authentication process in place.

N26 has also stated that it will provide free trading in its N26 Crypto product for the first 3 months of the launch. This will be available to customers in the 5 countries listed above.

In addition, N26 has partnered with Bitwala, a German crypto firm, to provide its customers with a secure storage solution for their digital assets. Customers will now be able to transfer and store their cryptocurrencies in a dedicated Bitwala wallet.

N26’s foray into digital currency trading reflects the growing interest in cryptocurrencies and blockchain technology. With this expansion, N26 is positioning itself to capitalize on the growing demand for digital currency trading.

It remains to be seen whether N26’s digital currency trading initiative will gain traction among its customers. What is certain, however, is that N26 is taking a bold step towards bringing the world of cryptocurrencies to its customers.

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