This partnership enables real-time cash payments for German crypto traders via German IBANs.
This collaboration streamlines fiat transactions via Deutsche Bank for instant settlements, enhancing the user trading experience.
Lukas Enzersdorfer-Konrad, Deputy CEO of Bitpanda, emphasized the pivotal role of banks in democratizing access to cryptocurrencies. He highlighted Bitpanda’s longstanding commitment to trust, compliance, and security. Enzersdorfer-Konrad stated, “We have made a point over the last decade of focusing on trust, compliance, and security, and that’s what makes these leaps forward possible. You can’t buy trust or integrity; you have to earn it, and that’s what we’ve done.”
This strategic partnership with Deutsche Bank underscores Bitpanda’s dedication to providing efficient and secure payment solutions. Over the years, Bitpanda has forged partnerships with major financial institutions, including Raiffeisen Bank International, LBBW, and N26, to facilitate the integration of crypto into traditional financial systems.
Source: X
With real-time cash payments powered by Deutsche Bank, Bitpanda users in Germany can enjoy enhanced convenience and efficiency when depositing or withdrawing funds on the platform.
More About Bitpanda
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.