DGAP-News

Trade Republic Bank GmbH: TRADE REPUBLIC LAUNCHES COMMISSION-FREE TRADING IN CRYPTO ASSETS - Seite 2

Initially, Bitcoin, Ethereum, Litecoin and Bitcoin Cash are available to trade. The offer is being rolled out to more and more users in Germany over the next days. Trading is easy and transparent: commission-free with controlled spreads and a flat rate of one Euro per transaction for third-party costs. As Germany's largest regulated neobroker, Trade Republic has its own banking license and offers a trusted experience.

At the same time, Trade Republic continues to develop into the largest provider of ETF and share savings plans in Germany. For this popular type of long-term asset accumulation, Trade Republic now offers all of the approximately 1,500 ETFs in its portfolio and is also increasing the number of shares that can be saved on from 1,000 to 2,500. All shares can also be purchased in fractions within savings plans if the value of the individual share exceeds the savings amount.

Trading in cryptocurrencies at Trade Republic works exactly the same way as trading in other investment products: clients can find the desired crypto via the search function in the app and invest with just three taps. Unlike traditional securities, clients are able to buy a fraction of a cryptocurrency, using euros. Crypto can be bought and sold around the clock, seven days a week. Investors can easily manage their portfolio in one place, including crypto, stocks, ETFs, savings plans and derivatives.

"Macroeconomic factors like negative interest rates and inflation in the Eurozone require investors to adopt new investment strategies. Our goal is to open up opportunities for long-term and diversified saving on the capital market for our clients," says Christian Hecker, one of the founders of Trade Republic. "In addition to savings plans, crypto stocks will play an important role in the future. The crypto market has developed strongly in recent years. At Trade Republic, we now combine crypto trading with the reliability as a broker with a German banking license to give more people access to cutting edge investment opportunities."