April 19, 2024

Citigroup will launch a crypto service for storing and trading bitcoin

Citigroup will launch a crypto service for storing and trading bitcoin

One of the world's largest financial holdings, Citigroup, may soon introduce a service for transactionswith digital currencies.

As the publication of the Financial Times clarifies with referenceFor Ty Takman, who heads the bank's foreign exchange division, Citigroup can provide several crypto services if necessary. The corresponding demand on the part of customers is already being observed.

“From our perspective, there are various opportunities and we are exploring where we can serve customers better. It will not be an internal equity trading unit. ", - he said.

Such services will allow both trading andstore bitcoin and other coins. The service will become available to clients only after the bank tests its capabilities and makes sure that it is absolutely safe for investors.

“We must not do something that will notsafe and resonate. I am not afraid to miss the opportunity, because I consider cryptocurrencies to be a long-term phenomenon. This is just the beginning of the market. There is no space race, and there will be enough space for more than one flag "Tuckman explained.

Interest in bitcoin and other cryptocurrencies is growing and Citigroup is no longer able to ignore this trend, Tuckman emphasized.

Back in December last year, CEOCitigroup Michael Corbat told Bloomberg journalists that his giant is already cooperating with those central banks that are moving towards creating a national digital currency (CBDC).

Where is it more profitable to buy bitcoin? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

# Exchange: Website: Rating:
1 Binance (Editor's Choice) https://binance.com 9.7
2 Bybit https://bybit.com 7.5
3 OKEx https://okex.com 7.1
4 Exmo https://exmo.me 6.9
5 Huobi https://huobi.com 6.5

The criteria by which the rating is set in our rating of crypto-exchanges:

  • Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
  • Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
  • Feedback and support– we analyze user reviews and the quality of technical support.
  • Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
  • Platform Features– availability of additional features — futures, options, staking, etc.
  • final grade– the average number of points for all indicators determines the place in the ranking.

Citigroup will launch a crypto service for storing and trading bitcoin

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