Zurich Cantonal Bank (ZKB), one of the largest banks in Switzerland, has announced the launch of cryptocurrency trading and custody services for its customers.
New Opportunities for Clients
According to the official announcement on September 4, Zurich Cantonal Bank is now offering trading and custody services for Bitcoin and Ether. The new service is integrated into existing channels and is aimed equally at customers and third-party banks.
24/7 Trading and Custody
ZKB customers will be able to trade cryptocurrencies 24/7 directly through the ZKB eBanking or ZKB Mobile Banking platforms. The bank noted that 'cryptocurrency holdings will be integrated into the existing portfolio view.'
High Level of Security
ZKB's head of institutional clients, Alexandra Scriba, said: 'When it comes to cryptocurrencies, ZKB takes on the critical function of securely storing the private keys. Customers and third-party banks therefore do not need their own wallet and therefore do not have to worry about storing their own private keys. ZKB takes care of both.'
Zurich Cantonal Bank continues to develop its infrastructure, offer new services to clients, and ensure a high level of security.
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