Trade Republic today announces the launch in Italy of the cryptocurrencies trading. Less than a month after the official entry into the Italian market, the platform gives the opportunity to invest in cryto via app.
The operation is very similar to that of other financial instruments: it is safe, simple, fast and without commissions, with controlled spreads and only 1 Euro per transaction that serves to cover external costs.
Initially, Bitcoin, Ethereum, Litecoin, Bitcoin Cash, XRP, Stellar, EOS, Uniswap and Chainlink are available on Trade Republic.
•Macroeconomic factors such as negative interest rates and inflation in the euro area require investors to adopt new investment strategies. Our goal is to offer customers diversified and long-term savings opportunities, says Emanuele Agueci, Country Manager for Trade Republic Italy And Italy is no exception: 18% of Italians claim to own Bitcoin, one of the highest percentages in Europe.
Of course, trading of cryptocurrencies on Trade Republic is available 24 hours a day, 7 days a week, and no custody fees, variable order fees or gas fees are provided.
□ Education and knowledge are our priorities □, says Christian Hecker, co-founder of Trade Republic □ Cryptocurrencies trading is suitable for informed investors who are familiar with volatile markets. For this reason, in the app we educate users about volatility and market development, and we offer additional information material to better understand cryptocurrencies.
According to the latest rumors, Bitcoin would be close to a recovery after the fall of the past few days.