April 26, 2024

Nubank Launches Bitcoin and Ethereum Trading

Brazil's largest digital bank adds the ability for customers to buy and sell Bitcoin and Etheron your platform.

Cryptocurrency trading and storage services will be provided by the Paxos blockchain infrastructure.
The statement said that the product will be gradually rolled out to Nubank users in Brazil and that it will be available to all customers by the end of July.

Users will be able to buy and sell cryptocurrencies with Brazilian reals, but will initially not be able to withdraw or deposit cryptocurrencies.

Until now, Nubank has only allowed users to invest in cryptocurrencies through exchange-traded funds available through its investment arm NuInvest.

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