Warren Buffet-backed Nubank Finally Launches Bitcoin Operations for 54 Million Customers

United States News News

Warren Buffet-backed Nubank Finally Launches Bitcoin Operations for 54 Million Customers
United States Latest News,United States Headlines
  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

World's largest online bank launches crypto operations for its 54 million users crypto btc eth $btc brazilcrypto

the ability to make transactions with cryptocurrencies for its users. The userbase of Nubank is about 54 million individuals and more than one million companies.

The bank decided to start its new vector of development with the launch of the two most popular cryptocurrencies, and Ethereum . In order to buy coins, the bank's user just needs to enter the Nubank app and make a transaction, having paid the purchase amount and a small commission of about 0.02%. Nubank explained its choice to offer only Bitcoin and Ethereum trading to its customers by saying that both of these coins together make up 60% of the entire crypto market; limiting the offer to theseIn addition to being one of the largest online banks in the world in terms of users, Nubank is also the most expensive digital bank, gaining that status from its IPO in early 2021, when the company was valued at $45 billion.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Utoday_en /  🏆 295. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

See 'Melrose Place' Star Courtney Thorne-Smith Now at 54 — Best LifeSee 'Melrose Place' Star Courtney Thorne-Smith Now at 54 — Best LifeCourtney Thorne-Smith is known by '90s kids for starring as Alison Parker on 'Melrose Place.' Find out about her life and career today.
Read more »

Thanks to BTS-like Boy Band, Louis Vuitton Garners 54 Million Men Show Streaming Views in ChinaThanks to BTS-like Boy Band, Louis Vuitton Garners 54 Million Men Show Streaming Views in ChinaWhile brands are looking to diversify their endorsement mix in China due to crackdowns on the entertainment sector, an alliance with major traffic driving stars remains crucial.
Read more »

Warren Says US Is Just Two Anti-Filibuster Democrats Away From Codifying “Roe”Warren Says US Is Just Two Anti-Filibuster Democrats Away From Codifying “Roe”Elizabeth Warren is calling on voters to elect just two more Democratic senators this fall, in order to secure enough votes for filibuster reform or abolition with the goal of enshrining federal abortion protections into law.
Read more »

Colin Kaepernick's agent dismisses Warren Sapp's criticism of Raiders workoutColin Kaepernick's agent dismisses Warren Sapp's criticism of Raiders workoutColin Kaepernick's agent responded to what Warren Sapp 'heard' about the workout the Las Vegas Raiders held for the free-agent quarterback.
Read more »

Bitcoin mining revenue mirrors 2021 lows, right before BTC breached $69KBitcoin mining revenue mirrors 2021 lows, right before BTC breached $69KThe recent Bitcoin mining revenue dip was last seen one year back when the total value tanked to $13.065 million on June 27, 2021 — back when Bitcoin traded at roughly $34,000.
Read more »

Bitcoin miner White Rock Management launches in the USBitcoin miner White Rock Management launches in the USWhite Rock Management has started bitcoin mining in the US, using flare gas as a power source.
Read more »



Render Time: 2025-02-25 01:24:49