US residents will be able to buy and sell BTC from bank accounts

Over the coming months, customers of many US banks will be able to buy, sell and store Bitcoin (BTC) usingexisting accounts. It is reported by CNBC with reference to the New York Digital Investment Group (NYDIG).

To provide financial institutions with suchopportunity, a subsidiary of $ 10 billion asset manager Stone Ridge has partnered with fintech giant Fidelity National Information Services (FIS).

While the FIS, which is the supplierservices for banks with nearly 300 million current accounts, will handle relationships with financial institutions, NYDIG will provide storage and trading of cryptocurrency.

According to Patrick Sells, head of NYDIG's banking solutions department, hundreds of banks already participate in the program, most of which are small institutions with multiple branches.

“What we do makes it easier for ordinaryAmericans and corporations the ability to buy bitcoin through their existing relationships with banks. If I use the mobile app for all my banking operations, I now have the ability to buy, sell and store cryptocurrency. "Sells noted.

Launch plans have been reported in recent monthsBitcoin-related products by major financial corporations such as Morgan Stanley, Goldman Sachs, and JPMorgan. But we are talking about solutions for access to cryptocurrency for large players, said NYDIG President Yan Zhao.

"Most people cannot invest in what is available to institutions."She added.

The head of digital banking at FIS, Rob Lee, believes that banking giants may face pressure from retail investors after small institutions launch Bitcoin-related services.

The growing interest of financial institutions in suchYan Zhao explained that banks see their clients transfer more and more funds to Coinbase, Kraken and other cryptocurrency trading platforms.

NYDIG is also working with fintech firm Moven on a set of solutions that will make it easier for banks to deal with bitcoin.

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.

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