N26 has launched N26 Crypto, a new cryptocurrency trading product aimed at optimizing the customer experience in France. This latest offering enables N26 customers in France to invest in over 200 cryptocurrencies directly through the N26 application.
Clarity and Safety in Cryptocurrency Transactions
The introduction of N26 Crypto signifies the company's focus on providing accessible and efficient cryptocurrency investment options to its clientele. Eligible clients with French or German IBANs can access N26 Crypto across all membership tiers, including free accounts, without incurring additional costs.
According to the firm, transparency and security are paramount in N26 Crypto's design. Users will have clear insights into their cryptocurrency portfolios and transaction histories within the application. N26 emphasizes adherence to regulatory requirements and industry standards to ensure a compliant and secure trading environment.
N26 has partnered with Bitpanda GmbH to develop and launch N26 Crypto, ensuring robust execution of trades and custody of assets. This partnership underscores N26's dedication to delivering reliable cryptocurrency services to its customers.
Introduction of N26's New Trading Product in Austria
Earlier, N26 introduced a new trading product accessible through its mobile banking app, starting with a rollout in Austria, as reported by Finance Magnates. The product enables users to trade stocks and ETFs. Notably, it features a fixed fee of 0.90 EUR per trade, aiming for competitive pricing. This move marks a significant step for the digital bank into the investment arena.
Notably, fractional share investing from as low as 1 EUR enhances accessibility for smaller investors. The launch features over 100 ETFs, with plans to expand to over 1,000 stocks and ETFs in Germany and Austria. Future developments include free savings plans, diversifying N26's offerings. Eligible Austrian customers will gain access first, with German expansion slated in the coming months, followed by further European markets.
