Raiffeisen Bank decided to start crypto trading in alliance with Bitpanda. These services are supposed to be started from January 2024 onwards. Customers of Vienna will be able to explore crypto trading soon.
Initial services will be provided to customers of Vienna, where this 97 years old bank is headquartered. This bank signed a letter of intent earlier this year. One quarter of population is located in Vienna where these services will be roll out.
Customers will be able to access BitPanda app through app of Raiffeisen. They are supposed to provide similar type of experience, which they experience during banking transactions.
Many countries are adopting crypto trading now a days. This bank is having $215 billion dollar assets and overall 17.8 billion clients. This move can help their potential investors to invest and trade in crypto.
Small investors will be able to invest in crypto. This topic was covered CoinDesk as well.
