In the past, Bitwala offered services to enable crypto to fiat transfers. In December 2018, Bitwala successfully launched a fully-licensed crypto-first banking solution. Bitwala is offering the first of its kind banking experience to merge the fiat and crypto worlds.
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|Accepting||EUR, USD, BTC, ETH|
Together with its partner bank, Bitwala offers a bank account that combines easy and secure cryptocurrency trading and reliable everyday banking in one account.
The current account comes with a debit card and a user-controlled bitcoin wallet for maximum security and freedom. Since the account is regulated in Germany by the BaFin (German financial regulator) all user funds up to €100,000 are protected by the guarantee scheme of German banks.
Bitwala’s investors include High Tech Gründerfonds, ALSTIN, the investment arm of the Maschmeyer group, and Digital Currency Group, a New York VC focusing on blockchain innovations, Earlybird Venture Capital and coparion.