Bitcoin Magazine: Israel's Discount Bank plans to launch in-app BTC and ETH trading on November 26
According to Bitcoin Magazine, citing bank statements and product pages, Israel Discount Bank plans to allow eligible adult Israeli retail clients to buy, hold, and sell Bitcoin and Ethereum directly within its mobile app starting November 26, provided they have an active securities trading account. The wallet utilizes Fireblocks infrastructure, and external wallet transfers (deposits and withdrawals) will not be supported initially. The trading commission listed in the report is 2%, excluding foreign exchange conversion fees. Custody fees will be waived for the first six months following launch, after which a 0.25% quarterly custody fee will apply. These are planned services, and the six-month promotional period applies solely to custody fees, not trading commissions.
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