Markets are deep bear market while living to cryptocurrencies The moves did not stop.
Aware of investors’ interest in cryptocurrencies, companies continue to evaluate the bear market to prepare for the next bull season.
The latest move in this regard came from N26, Europe’s digital bank with a value of 9 billion dollars.
N26, bank users Bitcoin and Ethereum It will allow trading of 100 cryptocurrencies, including
N26 Crypto will be available first in Austria. The bank plans to expand to other markets within 6 months.
With the expansion of the market, the number of cryptocurrencies allowed to be traded is expected to increase to 194.
“Our users are extremely interested in crypto and interest is still very high despite the bear market,” Gilles BianRosa, N26 chief product officer, told CNBC.
N26 seems a bit late when it comes to crypto trading. Because users already have the opportunity to trade on many platforms such as PayPal. However, the fact that N26 made such a move despite the bear market shows that its plans are the product of a longer-term perspective.
He stated that they are not interested in the market situation at BianRosa and they have a long-term perspective.
“We did not try to schedule a launch based on the direction of the market. We approach this from a very long-term perspective.”
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