Bunq Becomes First European Neobank to Launch Flexible Crypto Staking
Dutch fintech
bunq has launched flexible cryptocurrency staking across the European Union,
becoming the first European challenger bank to offer the service without
mandatory lock-up periods.
The
Amsterdam-based bank, which describes itself as Europe’s second-largest
neobank, partnered with crypto platform Kraken to deliver staking services that
allow users to earn up to 10% annually on selected cryptocurrencies. The
service operates across the Netherlands, France, Spain, Belgium, Italy,
Ireland, Germany and the broader European Economic Area.
Users can
stake their digital assets to help validate blockchain transactions while
retaining the ability to buy, sell or withdraw their holdings at any time. The
flexibility addresses what bunq…
