Largest US Bank JPMorgan Will Add Bitcoin Trading

JPMorgan Chase will implement support for bitcoin trading if customers are interested, announcedDaniel Pinto, co-president and chief operating officer of the bank.

“If, over time, an asset class develops that will be used by various managers and investors, we will have to get involved,- he said in a conversation with CNBC."There's no demand yet, but I'm sure it will come at some point."

JPMorgan reportedly organizeda virtual meeting with thousands of traders and sales professionals from different parts of the world, during which they asked about their interest in trading BTC. During the event, Pinto made it clear that the bank is open to such an opportunity.

According to CNBC, last week Goldman Sachsgathered a closed forum for employees and clients with the participation of Galaxy Digital CEO Mike Novogratz, where he talked about Bitcoin, Ethereum and other digital assets.

In addition, yesterday it became known that the oldestUS bank BNY Mellon intends to offer Bitcoin storage services. Notably, in the past, many of these banks have refused to serve customers if their money was found to be related to cryptocurrencies. JPMorgan CEO James Dimon in 2017 promised to fire any trader if he was caught trading bitcoin.

Clients interested in cryptocurrency sharefears of a decrease in the purchasing power of traditional money, said the head of the asset management division of a large bank, serving clients with capital of $ 25 million or more.The bank is considering the possibility of matching applications of buyers and sellers of bitcoin, but is still at the stage of studying methods of integrating cryptocurrencies into its risk management system ...

As confirmation of the growing interestFor traditional cryptocurrency investors, Pinto pointed to a statement from the world's largest asset manager, BlackRock, which allowed Bitcoin futures through two of its funds last month. According to the JPMorgan executive, regulating bitcoin trading is a solvable issue. Only approved clients will be admitted to the service, and transactions will be conducted using reputable exchanges, including Coinbase, he said.

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

For a safe and convenient purchase of cryptocurrency, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that supportDeposit and withdrawal of funds inrubles, hryvnias, dollars and euros.

The most reliable platforms with the largest cash turnover have been for several yearsthe largest cryptocurrency exchange in the world is Binance.Binance is the most popular crypto exchange in the CIS, as it hasmaximum trading volumes 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?

#	Cryptocurrency exchange	Official site	Site evaluation
1	Binance (Editor's Choice)	https://binance.com	9.7
2	OKEx	https://okex.com	7.4
3	Exmo	https://exmo.me	6.9
5	Huobi	https://huobi.com	6.5
5	Yobit	https://yobit.net	6.3

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.

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