Bunq Launches Crypto Service, 65% of Europeans Interested

European digital bank Bunq has launched a new cryptocurrency service, Bunq Crypto, on April 29th. This service allows users to invest in over 300 cryptocurrencies, including Bitcoin, Ethereum, and Solana. The initial rollout will be available in the Netherlands, France, Spain, Ireland, Italy, and Belgium, with technical support provided by Kraken. Bunq stated that their global users have long been seeking a simple, secure, and direct way to invest in digital assets.

Bunq's research indicates that approximately 65% of European consumers are interested in managing their banking, savings, and cryptocurrency investments through a single platform. Over 50% of respondents expressed interest in cryptocurrency but found existing platforms lacking in convenience and security. This new service aims to address these concerns by offering a seamless and secure investment experience.

The launch of Bunq Crypto is a significant move for the digital bank, as it expands its service offerings to include cryptocurrency investments. This development is likely to attract a broader range of users who are interested in both traditional banking services and digital assets. By partnering with Kraken, Bunq ensures that its users have access to a reliable and secure platform for cryptocurrency trading.

This initiative reflects the growing demand for integrated financial services that cater to both traditional banking needs and the emerging world of digital assets. Bunq's decision to offer cryptocurrency services through a single platform is a strategic move that aligns with the evolving preferences of European consumers. As more people seek convenient and secure ways to invest in cryptocurrencies, Bunq's new service positions the bank as a forward-thinking institution that is responsive to market trends and customer needs.