There are hundreds of thousands of on-chain and off-chain Dukascoin holders and transactions. We would like to emphasize that cryptocurrency Dukascoin has been launched by Dukascopy Bank in February 2019 and was successfully developing ever since. It is especially sad that such misleading information was published on the website of Postfinance. Unfortunately, we have noticed that some public media channels are referring to Swissqoin as the first cryptocurrency issued by a Swiss bank. Dukascopy Bank has started its digital bank and cryptocurrency two years ago and therefore is happy to greet new serious players in the market. Dukascopy Bank is delighted to welcome a new cryptocurrency Swissqoin that will certainly enrich the Swiss crypto industry and assist in making blockchain-based financial technology be widely accepted in Switzerland. We would like to congratulate our colleagues from Postfinance and Swissquote for launching a new Swiss neobank Yuh and wish them great success in their new endeavour. And, undoubtedly, Swiss Banking hospitality.Large universe of financial instruments available for investments.Personal credit cards (VISA, Mastercard, AMEX).Some of the additional services available to (Private) Banking clients: This can be done by reaching our clients' support service via the chat in the app or writing an email to Clients willing to hold higher amounts are invited to apply for the Savings (Private Banking) account. The next USD 50,000 on the MCA's balance are charged at 0.4% p.a.
It is free from any maintenance cost for the balance's value of up to USD 50,000. We remind that the basic current account type for the clients of the Bank is MCA (Multi-Currency Account). flat commission - a sharp decrease from the previously applied progressive scale 0.8% - 1% p.a. Besides, Dukascopy Bank has one of the lowest (private) banking thresholds among Swiss banks - only USD 100,000. Starting from September 1, clients will be able to enjoy the highest quality Swiss (private) banking for as low as 0.5% p.a. More information on account funding in crypto.ĭukascopy Bank is making its Savings accounts (Private Banking) service one of the most affordable in Switzerland. This applies to all 3 crypto-currencies (USDT, ETH and BTC). total deposits less total withdrawals) which can be deposited with crypto on a trading account is getting doubled to 100'000 USD. Together with the release of the new funding method, the maximum net cumulative amount (i.e. Likewise, when withdrawing funds from a crypto-fundable account, those are debited in USD and automatically converted into crypto-currency and sent to the client’s registered blockchain wallet address. The crypto-currency (USDT, ETH or BTC) is the payment vehicle, at arrival it is automatically converted into the base currency of the account (US Dollar) and credited to the client’s account with the Bank. This becomes the 3rd crypto-currency after Bitcoin (BTC) and Ether (ETH), which can be used to deposit and withdraw funds from a trading account opened as “crypto-fundable”. Dukascopy Bank is extending the range of funding methods available to clients by adding the ERC20 Tether token (USDT).