How to Trade Bitcoin, Litecoin and Ethereum at the PNC Centre
The PNC Bank is planning to launch its first crypto trading platform on February 2, 2018.
The PNC bank is planning a cryptocurrency trading platform at the Centre.
The new platform, dubbed “BitMarket” or “BitTrader” will allow the users to trade cryptocurrencies on the exchange rate at the time of purchase and at the exchange value on the day of sale.
The platform will also offer various other trading options like futures, options, and crypto options.
According to the official website, the platform will allow users to purchase bitcoins, litecoins, ether and other crypto coins from the PNP on a fixed price basis at the rate of Rs 2,500.
Users can also sell bitcoins on the platform, and also buy and sell cryptocurrencies at a fixed rate of 500 paise per bitcoin.
The currency trading will be done via the platform.
BitMarket will also facilitate trading of fiat currency, crypto currencies, fiat cash and other cryptocurrencies, besides the use of the Bitcoin and Litecoin.
The platform will provide access to a range of services including trading, portfolio analysis, market data and more.
The users will be able to buy and hold digital assets with a minimum deposit of Rs 500 and then sell digital assets at a rate of one per cent per day.
The site said the platform has already received over 100,000 orders and is currently being reviewed by the PNB.
The bank is also planning to introduce digital currencies for sale at a discounted rate of 10 paise to its clients.
According to a report in CNBC-TV18, the bank is likely to launch the platform on December 15.