Plum enables crypto investing for EU countries via Bitpanda
By Gloria Methri
Plum, the European smart money app, is adding crypto investing to its range of investment options. Users in France, Belgium, Spain, and Ireland will have access to this via services provided by Bitpanda.
Plum customers in these markets can now buy, sell, or hold five popular cryptocurrencies through the app: Bitcoin (BTC); Ethereum (ETH); Cardano (ADA); Solana (SOL); Binance Coin (BNB).
People will be able to buy fractional shares of these cryptocurrencies through the Plum app and can start investing in crypto with €1. They will be able to access unlimited crypto transactions at a fixed rate of 2.5% per transaction.
Plum is working with FinTech unicorn Bitpanda to make this crypto offering available, which means Bitpanda’s API solution is fully integrated with the Plum app.
Victor Trokoudes, CEO, and co-founder of Plum said “Our customers in the EU are keen to explore crypto as an asset class, so we are delighted to be bringing them this new service in a quick and secure way. At Plum, our aim is to offer superior financial tools to help people grow their money over time in the most efficient way possible.
“Crypto looks set to play a key part in the investment journey of the future so it’s exciting to be able to give customers access to this asset class now as part of a diversified portfolio. We have chosen to offer five, more established coins at this stage as we want to make financial management simpler for people and encourage a longer-term investing approach instead of shorter-term trading”.
Eric Demuth, co-founder, and CEO of Bitpanda, added, “As the industry evolves it is becoming increasingly clear that the best way for FinTech to truly have an impact on people’s lives is by working together. Bitpanda’s crypto services made available by Plum is a great example of this and is now unlocking opportunities for investors in Europe to take control of their financial futures.”
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May 30, 2023
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