Argentina’s Largest Private Bank to Offer Bitcoin, Ethereum Trading

Banco Galicia, Argentina’s largest private bank, is now offering four major cryptocurrencies to its customers: Bitcoin, Ethereum, USD Coin, and XRP. Bank consumers tweeted screenshots of the purchasing possibilities on Twitter earlier today. “Banco Galicia launches a new and innovative service for its customers, offering the purchase, sale and custody of cryptocurrencies in a simple, secure, and one-stop place,” the bank said. .#IMPORTANTE: El Banco Galicia incorpora función de comprar #criptomonedas! Se transforma así en el PRIMER BANCO DE ARGENTINA en ofrecer el servicio #critpo. Impresionante paso de la Banca Tradicional. (P.S.: hay que decirlo: chupate esa mandarina!) pic.twitter.com/0Kpi3oMUIL — Ignacio E. Carballo (@IECarballo) May 2, 2022 Banco Galicia’s Twitter account also responded to clients, confirming the new service: “Yes, we are adding new investment options.” Hola @pricatti. ¡Sí! Estamos sumando nuevas opciones de inversión. Si tenés alguna duda te invitamos a que nos escribas por privado. Saludos. Eugenia — Banco Galicia (@BancoGalicia) May 2, 2022 Bitcoin is the most well-known and largest cryptocurrency by market capitalization. The second-largest cryptocurrency is Ethereum. USD Coin is a stablecoin, which implies it is less volatile than Bitcoin and Ethereum, whose prices can swing dramatically. The asset is backed by actual money in the United States. XRP is a cryptocurrency that is designed to assist bank...