April 19, 2024

Goldman Sachs opens access to cryptocurrency

Goldman Sachs opens access to cryptocurrency

Goldman Sachs, one of the world's largest investment banks, plans to offer a "full range ofinvestments" in BTC and other digital assets - speechcovers both real cryptocurrencies and derivatives and other traditional financial instruments based on virtual assets. The company is already ready to offer investments in Bitcoin and Ethereum.

Back in June 2021, Goldman Sachs entered intoa partnership agreement with Mike Novogratz’s Galaxy Digital to jointly launch a Bitcoin fund for futures, and on March 21, 2022, they were the first among American banks to conduct an over-the-counter (OTC) cryptocurrency transaction for options on cryptocurrencies.

It is also worth noting that very recentlyThe banking giant surprised the whole world by reformatting its website in such a way that the main page contained information about cryptocurrencies, metaverses and digitalization. And when going to the blog, the investment giant offered to read articles about digital assets and Web 3.0 (already removed under the old format):

Goldman Sachs opens access to cryptocurrency

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And as a finishing touch, a recent study found that 60% of Goldman Sachs clients said they planned to increase their investments in cryptocurrencies.

As the company itself states, the bank’s ultimate goal is to introduce support for a full range of digital assets into its business.

This is how the heavyweight of the traditional banking industry turns into a real crypto company.

Where is it more profitable to buy cryptocurrency? 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 crypto exchange in the world is Binance. The platform 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 Huobi https://huobi.com 7.4
3 AAX https://aax.com 7.2
4 Exmo https://exmo.me 6.9
5 Bybit https://bybit.com 6.3

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

  • Work reliability&#8212; 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.
  • Additional features and services&#8212; futures, options, staking, NFT marketplace.
  • 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.
  • final grade– the average number of points for all indicators determines the place in the ranking.

Goldman Sachs opens access to cryptocurrency

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