Berlin-based Bitwala bank now supports Ethereum

by in Cryptocurrency News

Bitwala supports Ether

Europe's premier Bitcoin bank Bitwala is extending its service and now will support Ethereum.

The Berlin-based bank is considered to be one of the most successful Bitcoin banks, that has everything a trader usually needs. This platform combines crypto and fiat speculation and lets its users make transactions directly from the bank account, as well as crypto wallets and debit cards. Most of the field-involved users think of Bitwala as the future of banking.

CEO of Bitwala Ben Jones stated that by integrating Ether, they are opening up a range of opportunities through third-generation internet services, a new model based on machine learning and data-driven techniques.

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Bitwala intends to have a significant role in the expansion of decentralized finance (DeFi).

DeFi tries to modify various financial products like debts, loans, currencies, and so on.

Bitwala's chief growth officer Philipp Beer explains that the bank merges the accessibility and convenience of a regular bank with a variety of crypto trading options featuring BTC and from today ETH.