Crypto Trading Now Easier Using a Bank Account! - Kakiforex.com - Financial Market Media No. 1 in the World Crypto Trading Now Easier Using a Bank Account! Crypto Trading Now Easier Using a Bank Account!
InstaForex

May 6, 2021

Crypto Trading Now Easier Using a Bank Account!

 Soon some banks in the United States (US) will introduce the feature of buying and selling Bitcoin (BTC) using only user accounts.


The effort was highlighted for the first time by New Digital Investment Group (NYDIG) in collaboration with Florida software provider, Fidelity National Information Services (FIS).


The introduction of this feature opens a new era for the crypto sector as the growing crypto community in the US no longer needs to register on crypto exchange platforms such as Binance, Kraken, and Coinbase.


Easier because crypto enthusiasts can trade using their respective bank accounts.



It is expected that cryptocurrency offerings will start airing in the next few months.


However, the participation of large banks such as JPMorgan Chase & Co. and Bank of America will follow later after small banks start to show support gains against the crypto sector.


NYDIG has another mission. For example, launching debit card rewards paid in bitcoin and FDIC (Federal Deposit Insurance Corporation) insured bank account types with interest payments in bitcoin.


Bitcoin one morning showed a positive movement by breaking the $ 57,000 level but dropped back to $ 56,851 a few hours later. Now, the crypto king is trading at $ 56,863 with an increase of over 3% in 24 hours.