Zurich, July 11th 2019 – Dukascopy Bank, a FINMA regulated banking institution in Geneva and the first one to have issued its own crypto payment coin DUK+ for public use will allow its 120’000 clients to opt-in into the Swiss Crypto Exchange and start trading Dukascoin (DUK+) against Bitcoin (BTC) and trade other crypto currencies.
Dukascopy Bank and Swiss Crypto Exchange have implemented a crypto trading integration that will be available from Friday July 12th. Customers with a bank account at Dukascopy will be able to trade Swiss Francs and Euros versus Bitcoin and Ether as well as crypto-to-crypto through SCX instantaneously.
Dukascopy Bank’s clients with an existing Mobile Current Account (“MCA”) and a sub-account will opt-in into crypto trading at Swiss Crypto Exchange, receive a personal crypto wallet hosted by a Swiss crypto-asset custody infrastructure with the highest degree of security and reliability and start trading immediately.
Dukascopy’s and SCX's unique integration model succeeds at solving a major market friction for Swiss bank customers in crypto currency trading. So far clients with a Swiss bank account who wanted to trade on a neutral crypto exchange had to initiate lengthy wirings of funds for every transaction from their bank account to foreign crypto exchanges third-party bank accounts abroad. Now the entire value chain is executed with a Swiss bank account at Dukascopy Bank, through the Swiss Crypto Exchange supporting crypto wallets hosted by a Swiss secure crypto custody infrastructure.
“This seamless integration of fiat accounts and crypto trading in a unique ecosystem is a further step in the right direction for the execution of our strategy towards increased adoption and liquidity for the Dukascoin and we are pleased to have found in SCX a reliable Swiss regulated partner” comments André Duka, founder and Co-CEO Dukascopy Bank.
“Our strategy has always been to offer a seamless on-ramp infrastructure from fiat to crypto and multilateral trading for crypto-to-crypto. With this integration everything happens in a secure and regulated ecosystem in Switzerland: your bank account, your personal wallet and your access to the crypto exchange.” says Francesco Adiliberti, CEO Swiss Crypto Exchange.
Swiss Crypto Exchange “SCX”, Zurich, Switzerland
Swiss Crypto Exchange (“SCX”) is a regulated exchange platform for crypto currencies and blockchain products, based in Zurich, Switzerland. SCX offers the trading of Bitcoin, Ether and selected payment and utility tokens. The platform is SRO/VQF regulated and aims to provide safe, high quality and transparent access to these products. SCX contributes to standardization, legitimacy and transparency in accordance with Swiss quality and safety criteria.
Contact
Dr. Francesco Adiliberti, CEO
SCX (by Blockworks AG) | Scheideggstrasse 73 | 8038 Zurich | Switzerland francesco@scx.ch
www.scx.ch
Dukascopy Bank SA, Geneva, Switzerland
Dukascopy Banks SA is a Swiss innovative online bank based in Geneva, Switzerland, providing internet based and mobile trading services, banking and other financial services through proprietary technological solutions. Dukascopy Bank is regulated by the Swiss Financial Market Supervisory Authority FINMA both as a bank and a securities dealer.
Contact
Alexandre Suhobokov, Head of Fintech, Senior VP
Dukascopy Bank SA | Route de Pre-Bois 20 | 1215 Geneva | Switzerland alexander.suhobokov@dukascopy.com www.dukascopy.bank
www.dukascoin.com
This press release contains "forward-looking statements" in relation to Blockworks AG ("Blockworks") and Swiss Crypto Exchange ("SCX"), including assessments, estimates and forecasts with regard to management plans and objectives and the future business activities and services of Blockworks and SCX. These statements are based on plans©, estimates and forecasts that are currently available to management, but which could turn out to be incorrect.
By their nature, forward -looking statements are subject to known and unknown risks, uncertainties and other factors. They are therefore initially only valid on the date on which they are made. Blockworks and SCX do not give any assurance and accept no liability with regard to the correct presentation, completeness, correctness, adequacy or accuracy of the information and assessments contained in this press release. The information provided may be changed at any time without any notification. Blockworks and SCX is not obliged to publicly update or adapt the forward-looking statements or other information contained in this press release.
Dukascopy Bank and Swiss Crypto Exchange have implemented a crypto trading integration that will be available from Friday July 12th. Customers with a bank account at Dukascopy will be able to trade Swiss Francs and Euros versus Bitcoin and Ether as well as crypto-to-crypto through SCX instantaneously.
Dukascopy Bank’s clients with an existing Mobile Current Account (“MCA”) and a sub-account will opt-in into crypto trading at Swiss Crypto Exchange, receive a personal crypto wallet hosted by a Swiss crypto-asset custody infrastructure with the highest degree of security and reliability and start trading immediately.
Dukascopy’s and SCX's unique integration model succeeds at solving a major market friction for Swiss bank customers in crypto currency trading. So far clients with a Swiss bank account who wanted to trade on a neutral crypto exchange had to initiate lengthy wirings of funds for every transaction from their bank account to foreign crypto exchanges third-party bank accounts abroad. Now the entire value chain is executed with a Swiss bank account at Dukascopy Bank, through the Swiss Crypto Exchange supporting crypto wallets hosted by a Swiss secure crypto custody infrastructure.
“This seamless integration of fiat accounts and crypto trading in a unique ecosystem is a further step in the right direction for the execution of our strategy towards increased adoption and liquidity for the Dukascoin and we are pleased to have found in SCX a reliable Swiss regulated partner” comments André Duka, founder and Co-CEO Dukascopy Bank.
“Our strategy has always been to offer a seamless on-ramp infrastructure from fiat to crypto and multilateral trading for crypto-to-crypto. With this integration everything happens in a secure and regulated ecosystem in Switzerland: your bank account, your personal wallet and your access to the crypto exchange.” says Francesco Adiliberti, CEO Swiss Crypto Exchange.
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Swiss Crypto Exchange “SCX”, Zurich, Switzerland
Swiss Crypto Exchange (“SCX”) is a regulated exchange platform for crypto currencies and blockchain products, based in Zurich, Switzerland. SCX offers the trading of Bitcoin, Ether and selected payment and utility tokens. The platform is SRO/VQF regulated and aims to provide safe, high quality and transparent access to these products. SCX contributes to standardization, legitimacy and transparency in accordance with Swiss quality and safety criteria.
Contact
Dr. Francesco Adiliberti, CEO
SCX (by Blockworks AG) | Scheideggstrasse 73 | 8038 Zurich | Switzerland francesco@scx.ch
www.scx.ch
Dukascopy Bank SA, Geneva, Switzerland
Dukascopy Banks SA is a Swiss innovative online bank based in Geneva, Switzerland, providing internet based and mobile trading services, banking and other financial services through proprietary technological solutions. Dukascopy Bank is regulated by the Swiss Financial Market Supervisory Authority FINMA both as a bank and a securities dealer.
Contact
Alexandre Suhobokov, Head of Fintech, Senior VP
Dukascopy Bank SA | Route de Pre-Bois 20 | 1215 Geneva | Switzerland alexander.suhobokov@dukascopy.com www.dukascopy.bank
www.dukascoin.com
This press release contains "forward-looking statements" in relation to Blockworks AG ("Blockworks") and Swiss Crypto Exchange ("SCX"), including assessments, estimates and forecasts with regard to management plans and objectives and the future business activities and services of Blockworks and SCX. These statements are based on plans©, estimates and forecasts that are currently available to management, but which could turn out to be incorrect.
By their nature, forward -looking statements are subject to known and unknown risks, uncertainties and other factors. They are therefore initially only valid on the date on which they are made. Blockworks and SCX do not give any assurance and accept no liability with regard to the correct presentation, completeness, correctness, adequacy or accuracy of the information and assessments contained in this press release. The information provided may be changed at any time without any notification. Blockworks and SCX is not obliged to publicly update or adapt the forward-looking statements or other information contained in this press release.