Around May 8, Bank of Georgia launched cryptocurrency trading in its Mobilbank mobile banking app. The bank’s customers can buy and sell cryptocurrencies such as Bitcoin and Ethereum directly using their existing bank accounts. After a sale, the funds are automatically returned to the same bank account, so there is no need to use an external exchange app. The official blog states that the service initially supports around 50 of the world’s largest cryptocurrencies by market capitalization, including Bitcoin and Ethereum. Purchases can be specified in dollars or by cryptocurrency amount, with a minimum of around $1. Customers must agree to the relevant terms before activating the service.

This is a trading feature now available to customers within the bank’s app; it does not mean that all banks in Georgia offer similar services.

$BTC $ETH
#银行 #比特币 #Payment