Nubank, Brazil’s Largest Digital Bank, Launches Bitcoin and Ether Trading

Nubank, the largest Brazilian digital bank by market value, is adding the option for customers to buy and sell bitcoin (BTC) and ether (ETH) on its platform, the company announced Wednesday.

The crypto trading and custody service will be provided by Paxos’ blockchain infrastructure, Paxos told CoinDesk.

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The product will gradually be made available to Nubank users in Brazil on Thursday, Paxos said, adding that it will reach all of its customers by the end of July.

Until now, Nubank allowed users to invest in crypto only through exchange-traded funds available through its investment unit, NuInvest, according to the company’s website.


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