Singapore-based banking giant DBS announced Friday that it has launched crypto trading through its digibank, enabling accredited investors to trade four cryptocurrencies on its digital exchange.
Along with most of the transactions executed digitally currently. The launch of the crypto trading feature comes at a time when DBS wealth clients are increasingly choosing self-directed options.
By investing from a minimum investment of USD 500, accredited premium clients can trade four of the more established cryptocurrencies, including Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), and XRP, on its digital exchange (DDEx).
The largest bank in Singapore said, “having their cryptocurrency holdings makes it easier for clients to stay on top of their investments across traditional and alternative asset classes.”
A senior executive of the DBS commented on the latest movement and said this move would help their clients to grow and protect their wealth. Sim S. Lim, Group Executive, Consumer...
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