In a move towards cryptocurrency adoption in Brazil, NuBank bank now offers withdrawal and deposit operations in Bitcoin, Solana and Ether.

The Brazilian giant follows in the footsteps of other banking institutions in the world in the crypto scene, such as JP Morgan, Goldman Sachs, Bank of America, Wells Fargo, BBVA, HSBC, Société Générale, Five Star Bank or SGKB.

Through a statement, Nubank reported that the new function “allows the more than 20 million users it has in Brazilian territory to send and receive BTC directly into their crypto accounts in NuBank, which are accessed from the NuBank interface application.”

The banking app, which already allowed Bitcoin trading, thanks to an agreement reached with Paxos in May 2022, has indicated that they hope to soon add more tokens to their offering.

The platform has reminded customers that transactions are subject to the current commissions in the country. In addition, they have recommended always verifying the address of the destination wallet in the operation to avoid loss of funds.

M.Pino

Source: iproup

(Reference image source: Vasilis Chatzopoulos in Unsplash)

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La entrada NuBank allows operations with Bitcoin, Ether and Solana in Brazil apareció primero en Bitfinance.

The Austrian fintech Bitpanda has just partnered with the PayPal platform and now allows commission-free withdrawals and deposits in Spain. Operations have been active since February, Thursday 22.

According to Bitpanda’s announcement, the strategy will be extended to other countries, such as Italy, France or Switzerland, to facilitate transactions for fintech clients.

The objective is to expand its offer of payment methods, “which include Apple Pay, SEPA bank transfers, as well as credit and debit cards.”

Mireya Fernández, who was recently named Country Lead of Southern Europe and CEE, has indicated: “including PayPal to the Bitpanda ecosystem as another free deposit option for our users in Spain is another example of our attention and commitment to the experience of the user. Something fundamental to strengthen our leadership in the market. “We are proud to offer our Spanish customers this additional extra of comfort and safety.”

The new payment option for Spaniards, through the association of Bitpanda and PayPal, means speed, simplicity and confidence in each deposit and withdrawal, without commissions.

With this announcement, the platform also announced the increase in the daily credit card limit, which went from 10,000 to 20,000 euros.

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Source: cripto247

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La entrada Bitpanda joins PayPal to offer deposits and withdrawals in Spain apareció primero en Bitfinance.