PANews reported on October 18 that SafePal announced the launch of a zero-fee campaign for its CeDeFi bank channel. Users who open an account and complete KYC before December 31, 2024 will enjoy a 90-day zero-fee period for deposits and fiat currency deposits. Recommending other users to open accounts can also receive further extensions and other superimposed discounts.
It is understood that SafePal invested in Fiat24 Bank last year and launched the CeDeFi bank channel service built into the SafePal App in March this year in cooperation with Fiat24. Fiat24 is a compliant crypto-friendly bank with a banking license approved by the Swiss Financial Market Supervisory Authority (FINMA).