X

Bordier & Cie Has Launched The Facility of Cryptocurrency Trading

  • Introduction to crypto assets trading by Bordier & Cie.
  • Facilitating the users for the usage of digital currency with utmost safety features.
  • The coordination with Sygnum’s business to business digital asset banking system.

A New Row To Wide Acceptance by Bordier & Cie

Bordier & Cie, the privately-owned bank launched in 1844, has started accepting and offering digital currency with a viewpoint of performance in the trade activities. It provides facilities among the coins like – Bitcoin, Bitcoin Cash, ETH etc., to its clients for a better approach towards trade and its considerations. 

According to CoinDesk, the bank is planning for offering various other crypto assets for the future utilisation of services provided. Bordier’s managing partner- Evrard Bordier, quoted the need for introducing digital currency due to increasing demands for investments in various crypto assets.

The Roadmap To Addition of Digital Currency

This service’s launch is coordinated with Sygnum’s Business to patronage the digital assets banking platform. Seeing the safety aspect from laundering cases to clients, the bank availed the infrastructure management feature from Sygnum. This will keep a close on the transactions of crypto assets that are being offered to its clients.

This platform will also ensure proper procedures and monitoring of the transactions associated with the use of digital currency and assets. The tradition of the bank always stood for the safeguard of its every client’s fund. With this tradition to facilitate the users, this merge was added for proper functioning to avoid frauds. The bank only allows the clients to sell, buy and holding of crypto assets. Sygnum provides the consulting, execution of services to check the validity of the transactions. Switzerland’s canton of Zug, too, started the acceptance of bitcoins and other tax payments. As per the Swiss bank, the citizens and companies can pay upto the value of 1,00,000 CHF in ETH or BTC in the “Crypto Valley”.

Get this news hand-delivered to you on Telegram. Join our Telegram for similar News and Information related to CRYPTOCURRENCY, BITCOIN, BLOCKCHAIN NEWS, and Price prediction.

Categories: News
Ritika Sharma: Ritika Kumari Sharma is an Economics Honors graduate from the University of Calcutta. She is completely into finance and believes that cryptocurrencies are the future. She is an enthusiast learner about the cryptocurrency and blockchain technology.