VPE Bank Launched Germany’s First Cryptocurrency Trading Service!
VPE Wertpapierhandelsbank AG (VPE) of Germany has published its Institutional Investor Cryptocurrency Trading Services. Also, the bank has claimed to be the first Cryptocurrency Exchange of the country.
Katharina Strenski, the spoke person of the VPE Wertpapierhandelsbank AG bank has released the following statements:
Till date, the Institutional Investors have faced several entry hinderances for crypto trading in our country. But now the time is here! The cryptocurrency trading service launched by our bank offer a very convinient means to all the investors on whom they can blindly trust on.
The whales or the institutional investors of Germany generally are responsible for controlling the vast sums of the capital. Since a long time, they were looking for some ways to have a hold on the cryptocurrency markets. But contradictory to this, they often faced difficulties from the wielding government regulatory powers.
Further, Mr Katharina Strenski also presented his views regarding the cryptocurrency and its effect on the country’s economy. He detailed by saying:
Cryptocurrencies like Bitcoin, Litecoin, Ethereum etc. have now become a promising asset. We noticed that various digital trading platforms were restricted to crypto exchanges and online market trading. Due to this, the institutional investors were facing some common troubles. And thus, we are very pleased to become the very first bank of Germany to offer cryptocurrency trading services to our customers.
Germany’s VPE Bank!
The VPE bank resides in Germany and has a very outstanding trading record. Along with this, the bank has an access to appropriate networks and technical requirements for processing individual transactions. The bank offers brokage services, investment advice, and portfolio management to various financial corporations, private investors, and whales. Besides this, the bank also offers clearing services, settlement of transactions in securities, contracts for difference, options etc.
Additionally the bank also meets all necessary KYC (Know your Customer) and AML (Anti-Money-Laundering) requirements. The bank also offers automated crypto trades which they have developed in a partnership with Solarisbank. This service will make the trading fast and simple.