BPCE Launches In-App Crypto Trading for Retail Customers
- BPCE will allow trading of Bitcoin, Ether, Solana (SOL), and USDC directly in its mobile apps starting Monday.
- The initial rollout targets clients from four regional banks, reaching approximately 2 million customers.
- The service will expand to BPCE’s remaining regional entities by 2026, aiming for a total user base of around 12 million.
- Crypto transactions will incur a monthly fee of €2.99 ($3.48) and a commission of 1.5% per trade.
- This move positions BPCE among traditional banks competing with fintechs like Revolut and Trade Republic in the crypto space.
As BPCE introduces crypto trading through its banking apps, it aims to monitor performance before expanding services across all regions by the end of the next three years. This initiative reflects growing competition in Europe’s financial landscape as traditional banks adapt to digital asset offerings.
With plans to reach a customer base of up to twelve million, BPCE’s launch signifies a significant shift towards mainstream adoption of cryptocurrencies in traditional banking.(Source)
