In May 2022, Nubank, Brazil's largest digital bank, joins other banks such as Solana (SOL) in trading Bitcoin (BTC) and Ethereum (ETH) in a new partnership with blockchain infrastructure company Paxos. It was announced for the first time that it would support . At the time, Nubank's own parent company, Nu Holdings, was reported to have allocated 1% of its total cash holdings to Bitcoin.
Nubank then announced that its platform would support cryptocurrency withdrawals sometime in December 2023, and that feature is now here. April 23, 2024, Bitcoin Magazine revealed You can now send and receive Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) using your Nubank wallet through the Twitter platform.
This development in banking services is considered a major move for Nubank, a bank that is seeking to establish itself as one of Latin America's leading banks.
In an official announcement made by Nubank, the ability to send and receive cryptocurrencies to customer wallets will be gradually introduced to the app for all users.
This new feature also supports both cryptocurrency deposits and withdrawals on the app.
Currently, the platform starts with Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) transfers. However, the Brazilian bank said it has plans to add new cryptocurrencies to its list of supported coins.
As the cryptocurrency industry awaits this introduction, other platforms are emerging that offer even more unique cryptocurrency trading services.
ETFS Wap (ETFS) is a dedicated decentralized finance (DeFi) platform that allows users to exchange various cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) with on-chain exchange traded funds (ETFs) and more. The platform tokenizes ETFs in various sectors such as cryptocurrencies, technology, healthcare, transportation, oil and gas, and provides investors with numerous trading options.
Unlike other traditional platforms, ETFSwap (ETFS) supports instant settlement of tokenized ETFs. This allows investors to redeem their investments whenever they want without having to wait for long periods of time.
ETFSwap operates a permissionless access framework that allows users to trade freely without the usual lengthy list of KYC requirements that they must complete when investing in real world assets (RWA) on other platforms. doing.
BlackRock CEO Larry Fink calls tokenized crypto ETFs “the next generation of the market.”Fink himself believe Tokenized real-world assets (RWA) could eventually become a bigger investment than Bitcoin, pointing to an exciting future for ETFSwap’s services.
ETFSwap is quickly becoming one of the top crypto investments. More than 22 million tokens have been sold in the ongoing Stage 1 pre-sale round. The main reason why there is so much investment in his ETFSwap token compared to other RWA tokens such as Ondo (ONDO) is because ETFSwap token is considered to have the most bullish momentum.
ETFS Wap is currently on sale in Stage 1 Presale for just $0.00854. This makes it an undervalued option compared to its competitors, and investors believe this will yield more returns.
Some other investors who have seen the potential in ETFSwap (ETFS) believe it could be the next Shiba Inu (SHIB). The coin is expected to see a dramatic rise in 2021, and thus deliver a higher price increase than Dogecoin. (DOGE) or Ondo Finance (ONDO).
The first phase of the ETFS presale is already underway, and crypto investors are already acquiring coins at a rapid pace. The stage 2 pre-sale of the token is predicted to be double his, meaning investing now is the best option to maximize investment returns.
For more information on the ETFS presale, please see below.
Access ETFSwap Presale
Join the ETFSwap community
