RATE Group | Bitcoin Suisse: Users Can Now Trade Gold Against Bitcoin and Ethereum
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Bitcoin Suisse: Users Can Now Trade Gold Against Bitcoin and Ethereum

28 May Bitcoin Suisse: Users Can Now Trade Gold Against Bitcoin and Ethereum

Posted at 03:05h in Bitcoin News by

Swiss crypto financial firm Bitcoin Suisse has added gold, silver, and platinum to its platform, allowing users to trade the precious metals against both bitcoin (BTC) and ether (ETH), as well as five other major fiat currencies.

The precious metal trades are available for 24/7 trading with immediate cash settlement, the company announced on May 26. The offering is not physically settled, it said, and claims are limited only to crypto and fiat.

Users can invest a minimum of 100 Swiss francs ($103) without custody fees for holdings up to $103,000. Bitcoin Suisse notes that with precious metals, the firm is adding “assets which have been part of long-term investment strategies.”

The three metals can also be traded against the Swiss franc, the United States dollar, the British pound, the euro, and the Danish krone.

“By offering seamless precious metals trading, we go beyond the crypto asset class for the first time,” said Stefan Lütolf, head training, and liquidity management at…

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