The bank’s clients from Singapore and Australia can already buy and sell Bitcoin, Ethereum and Litecoin. In the coming weeks, residents of other countries will have such an opportunity.
Saxo Markets, a subsidiary of Saxo Bank that invests in digital assets, has launched a service that allows cryptocurrency to be traded for fiat money, according to CoinDesk . According to the publication, the bank’s clients can trade Bitcoin, Ethereum and Litecoin.
So far, this opportunity is available only to customers from Singapore and Australia, but in the coming weeks the bank plans to expand the geography of the service. Private clients can use margin trading, and accredited investors can use leverage.
Earlier, Goldman Sachs was the first among the largest US investment banks to create a department for cryptocurrency trading. The new department has already successfully traded two types of bitcoin-related derivatives.
