ZA Bank, a Hong Kong-based bank, has announced that it has become the first bank in Asia to provide cryptocurrency trading services for retail users. Starting now, it will offer Bitcoin buying and selling in Hong Kong dollars and US dollars on the App, as well as Ethereum, two virtual currency types.
Users can open an investment account with Zhongan Bank and complete necessary processes before buying and selling two currencies on the app. The entry fee is US$70 or HK$600, respectively, and the commission fee for each transaction is US$1.99 or HK$15. Hong Kong dollars. The platform fee is 1.5% of the transaction amount (with a minimum fee per transaction of US$1.99 or HK$15).
The bank will waive commissions and reduce platform fees to 0.8% of the transaction amount at the end of the month.
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<p>The post ZA Bank: Asia’s First to Offer Retail Crypto Trading Services first appeared on CoinBuzzFeed.</p>
