Israel Discount Bank to Open Bitcoin and Ethereum Trading in Its App From Nov 26
Nov 12, 02:07
Nov 12: According to a disclosure on the official website of Israel's Discount Bank, starting Nov 26, the bank will allow individual customers to buy, hold and sell Bitcoin and Ethereum directly in the bank's app, without opening a separate digital wallet or an overseas exchange account. The bank says this is a first for the Israeli banking sector. The service is open only to Israeli residents aged 18 or older who have a securities account. The fee is 2% of the transaction amount per trade; custody fees are waived for the first six months after launch, after which 0.25% is charged per quarter. Assets' custody infrastructure is provided by Fireblocks.