DGAP-News Trade Republic Bank GmbH: TRADE REPUBLIC LAUNCHES COMMISSION-FREE TRADING IN CRYPTO ASSETS
DGAP-News: Trade Republic Bank GmbH / Key word(s): Cryptocurrency / Blockchain
TRADE REPUBLIC LAUNCHES COMMISSION-FREE TRADING IN CRYPTO ASSETS
- Trade Republic Bank now offers trading for Bitcoin, Ethereum, Litecoin and Bitcoin Cash
- This makes Trade Republic one of the first regulated European providers to enable trading of shares, ETFs and derivatives, and now also crypto, in a single account
- Just like our traditional stock trading, Trade Republic will offer low, simple pricing for crypto: commission-free trading with controlled spreads, and a 1 € fee to cover third-party execution
- Crypto trading is available 24/7. No custody fees, variable order fees or network costs
Berlin, Germany, 29 April 2021 - With Trade Republic, clients now have more options to invest. Starting immediately, they can invest in crypto via the Trade Republic app - around the clock, seven days a week. Investing in crypto at Trade Republic works the same way as other financial instruments - simple, fast and commission-free. Trade Republic is thus one of the first European brokers to offer trading in shares, ETFs, derivatives and cryptos from a single easy-to-use product and with the reliability of its own banking license.
Cryptocurrencies like Bitcoin are considered an important innovation in the world of finance. They operate on decentralized networks that exist largely independent of national currencies or capital markets. As a result, they have become a sought-after asset class in recent years, offering new options for investment strategies. Trade Republic has set out to give everyone access to the capital markets, and our launch of crypto, alongside equities, ETFs and derivatives, is a step towards its vision to democratize access to the financial world.