N26 rolls out crypto trading to five new markets

finextra.com:

Available within the 'Trading' section on N26's new 'Finances' tab, users simply need to select the coin and the amount they would like to trade, and the cash equivalent of the trade will be deducted from their bank balance, while coins will appear in their N26 Crypto portfolio instantly.N26 Crypto is offered in partnership with Bitpanda Asset Management, which manages the execution of trades and custody of coins. N26 Metal customers will be able to make transactions with a 1% transaction fee applied for trading bitcoin and 2% for all other available cryptocurrencies.

Non-premium customers will incur a 1.5% fee for bitcoin purchases, and a 2.5% fee for other cryptocurrencies. N26 co-founder and co-CEO, Valentin Stalf says: “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 often the entrypoint to investing for a new generation of investors who are looking to explore ways to grow their wealth. With N26 Crypto, we are offering a simple way to trade and invest, with a great user experience and low and transparent fees.”