Trade Republic launches crypto trading
Users can now use the Trade Republic app to buy and sell Bitcoin, Ethereum, Bitcoin Cash and Litecoin. There is a flat fee of EUR 1 per transaction and no trading limit. The crypto assets are being stored in Germany by the US custodian Bitgo, and trading will take place on the B2C2 exchange. Cryptotrading will be possible 24/7 and is protected by Trade Republic’s bank-regulated offer. All cryptocurrencies will be held in a cold wallet, meaning that the cryptocurrency wallet is not connected to the internet. Users can specify the amount of coins they wish to buy and are also able to specify fractions.
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