Bitcoin Magazine Israel Discount Bank to Let Customers Trade Bitcoin in App Starting Nov. 26
Israel Discount Bank said Wednesday that from Nov. 26 it will let eligible customers buy, hold and sell bitcoin and ether in the bank’s mobile app, a launch that would beat larger rival Bank Leumi if it stays on schedule.
The Tel Aviv-listed lender described the service as a first for Israel’s banking system in a Nov. 11 statement. Customers will be able to trade the two assets alongside stocks and bonds, without opening an account at an outside exchange or managing a separate digital wallet.
The offer is limited to private, not corporate, customers who are Israeli residents, 18 or older, and whose accounts are already set up for securities trading, subject to the bank’s terms.
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