Plum, the European smart money app, is adding crypto investing to its range of investment options in France, Belgium, Spain and Ireland, via services provided by Bitpanda.
Plum customers in these markets can now buy, sell or hold five popular cryptocurrencies through the app: Bitcoin (BTC); Ethereum (ETH); Cardano (ADA); Solana (SOL); Binance Coin (BNB). The company chose to offer these more established coins only at this stage to encourage a longer-term investing approach and reduce complexity. People will be able to buy fractional shares of these cryptocurrencies through the Plum app and can start investing in crypto with just €1. They will be able to access unlimited crypto transactions at a fixed rate of 2.5% per transaction.
Plum is working with fintech unicorn Bitpanda to make this crypto offering available, which means Bitpanda’s cutting-edge API solution is fully integrated with the Plum app. As a result, Bitpanda’s crypto services can be accessed through Plum’s interface, with all transactions executed by Bitpanda. Crypto investments are physically backed up and kept in cold storage by Bitpanda to help ensure their safety. Customers can access them whenever they want.