BitoPro and Bankee officially announced their cooperation to launch a dedicated cryptocurrency account, which will greatly improve the immediacy and financial efficiency of transactions. This cooperation represents the deep integration of traditional finance and the cryptocurrency world, providing investors with a new financial service experience.
Pain point: Banks are nervous about currency users
Users involved in cryptocurrency trading often encounter bank rejection when they go to a bank and want to bind a deposit account to a compliant exchange or increase the remittance limit. This is because there is currently a lack of a clear regulatory framework for cryptocurrency activities, and most banks are still very conservative and unfriendly to cryptocurrency based on risk control.
BitoPro and Far East Bank launch Bankee cryptocurrency exclusive account
BitoPro, a compliant exchange in Taiwan, and its trust bank, Far East, recently launched exclusive accounts for cryptocurrency users in an attempt to solve the above pain points:
The maximum single deposit amount is increased to NT$1.5 million, with a maximum limit of NT$5 million on the same day.
Open Taiwan dollar and foreign currency accounts at one time
Monthly withdrawal limit is up to NT$40 million
Free of charge for 6 withdrawals per month in the first year
Bito cryptocurrency exclusive account physical card - Bito gold co-branded card
No limit on deposit amount, current interest rate 0.845% annual interest rate
More services coming soon
Withdrawal service: multiple withdrawals in a single day
One-click deposit: quickly add Taiwan dollars from BitoPro and seamlessly switch apps
USD deposits and withdrawals: supports USD deposits and withdrawals, avoiding exchange risk
Please refer to the announcement for detailed information.
This article is no longer afraid of banks being suspicious! BitoPro joins hands with Far East Bank to launch Bankee cryptocurrency exclusive account first appeared on Chain News ABMedia.
