French banking giant BPCE launches cryptocurrency trading services on its mobile app, marking the first case among traditional European banks.

France’s major bank BPCE has announced it will support cryptocurrency trading through its mobile app.

BPCE plans to offer direct trading services for Bitcoin, Ethereum, Solana, and USDC within its mobile application. This is seen as a significant move, marking the first time a traditional European bank has launched cryptocurrency trading.

The initial service will be rolled out to 2 million customers across 4 regional banks. BPCE plans to expand the service to 25 regional banks by 2026, enabling a total of 12 million customers to trade cryptocurrencies. An internal source at the bank stated, “The service scope will be gradually expanded after monitoring early results.”

Trades will be managed through digital asset accounts operated by BPCE’s crypto subsidiary, Hexarq. Users will need to pay a monthly account maintenance fee of €2.99 (about $3.48 USD), and a transaction fee of 1.5% per trade. Users can trade directly within the bank app, without the need for external exchanges or third-party wallets.

BTC2.39%
ETH6.48%
SOL4.03%
USDC0.01%
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