Cryptocurrency, broadly defined as virtual or digital money, came to limelight with the creation of Bitcoin in 2009. The cryptocurrency has expanded dramatically, ushering the new wave of virtual currency built on a decentralised peer-to-peer network.
Recently, BUX announced the official launch of BUX Crypto, a platform that allows users to trade cryptocurrencies easily and commission-free. This launch follows the announcement of the acquisition of Blockport by BUX in January of this year.
Founded in 2014 by Nick Bortot in Amsterdam, BUX aims to make it easy and affordable for users to do more with their hard-earned money. The Dutch fintech has served over 2 million users across 9 countries in Europe. It is backed by Holtzbrinck Ventures, Velocity Capital, Finch Capital and Initial Capital.
Said Nick Bortot, CEO & Founder, BUX:
We have been developing apps that fit the needs of a new generation of investors. Part of our current offering allows users to invest in shares at zero-commission in an elegant, intuitive interface. We see BUX Crypto as a natural extension of our current lineup, which is focused on offering products that make it simple and affordable for even the newest investor to get into the financial markets.
What’s the deal?
BUX Crypto allows users to buy and sell cryptocurrencies directly using Euros, saving investors additional fees on exchange rates from USD.
As a launch promotion, BUX Crypto will be offering the first 5,000 new users who have fully onboarded to the platform the option to trade with zero-commission and earn free BUX Tokens as a reward. Following this…