N26 offers crypto trading - at least a little bit

The company already wanted to offer cryptocurrencies in its banking app five years ago. Now it is cooperating with Bitpanda so that customers in Austria can now trade cryptocurrencies.

N26 has integrated cryptocurrency trading into its banking app, as Gründerszene reports. Neobank had already announced its plans for this in 2017. From now on, users from Austria can buy and sell around 200 cryptocurrencies, including currencies such as Bitcoin, Ether, and Doge.

N26 customers do not need to create a new account for crypto trading. Instead, the company cooperates with Bitpanda. Bitpanda manages the purchased currencies via its portal. There were already rumors about a possible cooperation between the two companies at the beginning of this year. There are even said to have been brief negotiations about a merger. According to Gründerszene, N26 was interested in buying Bitpanda.

N26 wants to enable crypto trading in other countries in the future. The offer would be rolled out in new markets in the coming months. It is not yet known when exactly the offer will be available to German customers.