Korean Bank Launches CryptoCurrency storage service

bitcoin bank

Bitcoin cryptocurrency has significant popularity and constant growth.
There is a need for its full preservation and saving.

Banks understand that it is impossible to prohibit or regulate Bitcoin, they begin to put up with it. At the same time, they do not want to miss the opportunity to make money on this.

The services for corporate storage of crypto-currency are gaining popularity. So recently, Coinbase has offered a service for large investors in saving crypto-currency assets. One of the largest banks in South Korea is also following this path. "Shinhan Bank" will soon offer its clients a service for working with a crypto currency, similar to banking services.

Now, the service is tested and the bank's administration invites customers to test it. Thus, determine the demand for such services.

The idea and introduction of a new type of banking services began this year. They plan to work with cryptocurrency bitcoin.

At the first stage for deposit and the storage of crypto-active will be no commissions.
When withdrawing a deposit, customers will pay a small commission.
In the future, it is planned to release a mobile application specifically for the new service.

Having bitter experience in hacker attacks and loss of its investments, using the example of Bithumb's crypto exchange, it is likely that this service will be popular in South Korea.


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