Raiffeisen Bank to Launch Crypto Trading

posted  23 Nov 2023
Photo - Raiffeisen Bank to Launch Crypto Trading
Raiffeisen Bank International is set to roll out cryptocurrency trading services for its retail clients by the end of January 2024. This initiative will be implemented using the crypto application Bitpanda.  

"The experience will be familiar, so confirming a trade will work exactly like an account-to-account bank transfer with the same sort of security customers are used to," said a bank spokesperson.

Curt Chadha, the bank's Head of Strategy & Innovation, noted that this new feature targets smaller investors, differentiating from services typically aimed at affluent or institutional traders.