Traditional Banks To Provide Selling Cryptocurrencies

There are few traditional banks and exchange operators who have started to sell cryptocurrencies.

South Korea is going to ban with virtual cryptocurrency operators that are not regulated by local authorities.

Here are some of the traditional banks and exchange operators that allow you to buy Bitcoin and other cryptocurrencies.

Switzerland

The Swiss bank called Falcon Private Bank in August announced about providing blockchain technology managing for bank’s clients.

The Zurich based bank provides trading on Bitcoin, Ethereum, Litecoin and Bitcoin Cash for its clients.

The Swissquote bank based in Gland, also started trading in cryptocurrencies in 2017.

Another bank called IG Bank started trading cryptocurrencies in 2017. It allows trading on Bitcoin and Bitcoin Cash.

United States 

This month, Chicago Board Options Exchange (CBOE) launched bitcoin futures for the first time. It became the first US-based exchange to offer the asset on the Gemini virtual exchange.

As described by CBOE, Bitcoin futures are legal agreements that stipulate the price at which parties will trade Bitcoin on a specified date in the future. Each futures agreement is stipulated with an expiration date anywhere from a week out to nine or more months.

The second exchange to offer bitcoin futures became Chicago Mercantile Exchange (CME) on December 2017.

The following public exchanges also have plans to offer trading in Bitcoin.

Next year the Nasdaq Stock Market intends to launch a futures contract based on Bitcoin, becoming the third operator providing Bitcoin contracts in United States.

The New York Stock Exchange also plans to dive into the cryptocurrency market. This month it asked US Securities and Exchange commission to approve for listing bitcoin futures.