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German mobile bank N26 is planning to launch crypto trading

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Vandana Mrigwani Follow

INDIA

Jul, 07 2021

Jul, 07 2021

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N26 Neobank is planning to launch crypto trading tools. The value decided is $3.5 billion for the new marketplace initiative.  


The top-tier crypto exchanges will launch the new product. Till now it is not clear which partner the Neo bank is working with. 


The plan depicts that the crypto features will be offered through a marketplace environment. The crypto exchange will be experienced inside the bank on the other hand budgeting features will be experienced at N26. 


The Neobank customer and Bitcoin traders can avail the trading option at the end of the year. Currently, expansion of the marketplace is done. Developing the crypto product according to the company is requirement nowadays. 


N26 Europe’s largest Neobank. The aim is to provide a one-stop application to the customers. All the financial services can be accessed in one place. 

Last year the cryptocurrencies like Bitcoin and other have increased their price. Despite it, there was a rush in the fintech firm to add crypto trading tools to the application. 


The United Kingdom-based investment application has hired two crypto experts. On the other side money lion also plan to buy crypto products. The mess of Increased crowd brought a tool for all the customers. N26  Made it convenient for all the customers with a one-stop solution. 


What do you think regarding the one-stop solution done by Neobank? The crypto products have a full decision of the financial system. The banking system by introducing crypto products into the application has done it great. The changes will boost the trend of the crypto market. 


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Vandana Mrigwani

CBW - External Analyst

INDIA

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