BlueBenx, a digital bank of cryptoassets, announced that it is creating the first cryptocurrency exchange in Brazil with a native digital account. This means that users will be able to buy and sell crypto assets with immediate liquidity through a platform that encompasses both the exchange – which facilitates the trading of crypto assets – and the digital account.
“We intend to connect the traditional banking world with the cryptocurrency world,” said William Batista, vice president of BlueBenx, to the CNN Brasil Business.
“Therefore, our main differential is to offer customers the possibility to purchase their crypto assets within their own digital account”, he added.
The bank said it will launch the exchange linked to the user’s digital account in March this year. It will initially feature the trading offer of 20 cryptocurrencies with pairs in BRL (reais), including Bitcoin (BTC) and Ethereum (ETH).
Batista explained that the proposal aims to reduce bureaucracy in transactions involving crypto-assets, making their operations easier and faster.
“In other exchanges, the person has to make a payment order or a deposit intention, transfer the money by TED or Pix, wait for the bank clearing and only from that moment on can he acquire the crypto asset”, said the deputy. company’s president.
The company pointed out that, as well as the purchase, the sale of cryptocurrencies is also immediate. With the digital account native and integrated into the exchange, the user will be able to sell the assets and instantly use the value in other financial payment transactions.
Another function that the digital bank bets on is the monitoring of the portfolio in real time. According to them, the new platform will bring all the contributions made and how much the purchases yielded in the following months for the customer.
“With this function, the user is not held hostage to market fluctuations and will be able to make decisions about his portfolio looking at the long term and in a way that favors his hold and earn strategy” said Roberto Cardassi, CEO of BlueBenx.
The company told the CNN Brasil Business which, after the exchange launched in March, intends to list new assets every week.
Source: CNN Brasil
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