Hong Kong’s largest digital bank launches retail crypto trading

Retail users in Hong Kong can now buy Ether and Bitcoin through Hong Kong’s largest virtual bank, however, they need an account and to undergo a risk assessment first. 

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Hong Kong’s largest virtual bank, ZA Bank, has launched a new service allowing retail users to buy and sell Bitcoin and Ethereum directly using fiat.

According to a Nov. 25 statement from the bank, Hong Kong residents need an account with the bank and must undergo a risk assessment before using the new crypto service linked with the bank’s app.

At the moment, users can only buy Ether (ETH) and Bitcoin (BTC) through ZA Bank. No other cryptocurrencies were mentioned. 

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