N26 Crypto will let users buy and sell 100 tokens including bitcoin and ether.
N26
European digital bank N26 announced Thursday it is launching a crypto trading service, starting with Austria as the first market for the product.
The service, called N26 Crypto, is set to become available to N26′s Austrian clients in the coming weeks and will initially include 100 tokens including bitcoin and ether. N26 plans to roll out the feature to users in other markets over the next six months and eventually expand its token offering to include a total 194 coins.
Gilles BianRosa, N26′s chief product officer, told CNBC the bank’s crypto brokerage feature allows users to “dip their toes into the water in a way that’s not frothy.”
To make a trade, users select a coin and specify how much they want to buy or sell. Once they complete their order, cash is deducted from their main account balance and appears alongside the token of their choice. Customers can also “drag and drop” funds from their main...
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