Bank Frick, a leading European blockchain bank, has expanded its range of cryptocurrencies for which it offers trading and custodian services. Bank Frick now offers trading and secure custody of bitcoin cash (BCH) for professional market participants and wealthy private clients. Trading takes place within the fully regulated environment of the bank.
Also Read: Liechtenstein Bank Creates Cryptocurrency Trading Platform for Institutional Investors
Security With Cold Storage Solutions and Diversification
As of today, professional market participants can invest in bitcoin cash (BCH) at Bank Frick. The cryptocurrency can be bought using euros, US dollars and Swiss francs. Trading takes place once a day.
Since 2018, Liechtenstein-based Bank Frick has been offering investors a smooth and secure way to trade the leading cryptocurrencies bitcoin (BTC), litecoin (LTC), ripple (XRP), ether (ETH), ethereum classic (ETC), NEM (XEM), qtum (QTUM) and stellar (XLM). Clients can also deposit these assets with the bank for safekeeping.
Bank Frick has designed this offer particularly for institutional clients, miners and mining firms, and wealthy cryptocurrency investors. “By adding Bitcoin Cash, we are offering our clients yet another way to diversify their portfolios”, said Stefan Rauti, Head of Blockchain Banking at Bank Frick. “We are pleased to be able to offer this attractive cryptocurrency, which underlines our position as Europe’s leading blockchain bank.”
In addition to trading, Bank Frick now offers secure custody of bitcoin cash. The bank keeps its customers’ crypto assets in cold storage wallets. These are physically separated from the web and therefore cannot be externally hacked. The wallets and their backup copies are held securely on a geo-redundant basis. Because investments in crypto assets are highly speculative, Bank
