BUX launches its newest product, BUX Crypto, the only Dutch cryptocurrency investing platform to offer zero-commission investing
BUX Crypto allows users to easily invest in the most popular cryptocurrencies, commission-free and directly with Euros
AMSTERDAM -- April 8, 2020 - Today, BUX announced the official launch of BUX Crypto, a platform that allows users to trade cryptocurrencies easily and commission-free. This launch follows the announcement of the acquisition of Blockport by BUX in January of this year. Since announcing the acquisition, BUX has rebranded the platform and has incorporated BUX Crypto into its current lineup of trading and investing products.
“Since launching BUX in 2014, we have been developing apps that fit the needs of a new generation of investors. Part of our current offering allows users to invest in shares at zero-commission in an elegant, intuitive interface.” Said Nick Bortot, CEO & Founder, BUX. “We see BUX Crypto as a natural extension of our current lineup, which is focused on offering products that make it simple and affordable for even the newest investor to get into the financial markets.”
BUX Crypto allows users to buy and sell cryptocurrencies effortlessly and directly using Euros, saving investors additional fees on exchange rates from USD. As a launch promotion, BUX Crypto will be offering the first 5,000 new users who have fully onboarded to the platform the option to trade with zero-commission and earn free BUX Tokens as a reward. Following this initial promotion, BUX Crypto users will always have the option to trade with zero-commission as long as they hold 2,500 BUX tokens in their portfolio.
BUX Crypto will initially be offering a selection of six cryptocurrency assets and will continue to add additional assets throughout the year. The initial offering includes Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), Litecoin (LTC) and BUX Token (BUX).
“Following the official launch, BUX Crypto will be focusing its product development strategy on creating social-driven investing features.” Said Sebastiaan Lichter, Head of Product, BUX Crypto. “As a company that values its community, the product roadmap will focus heavily on building unique features that can bring both beginners and advanced investors together to learn from each other.”
BUX Crypto will register with the Dutch Central Bank (DNB) as a cryptocurrency services provider. The platform is now available to residents of 25 European countries, including the Netherlands, Germany, Austria and France. A full list of available regions can be found here. For further information, please visit: https://getbux.com/bux-crypto/.
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BUX makes it easy and affordable for Europeans to do more with their money. Since launching in 2014, BUX has made the markets accessible for more than 2.5 million users across 9 countries in Europe. BUX currently offers 3 apps that allow users to explore the financial markets including BUX Zero, the flagship platform that is making commission-free trading possible, allowing users to invest in the brands and companies they care about. BUX Zero is currently available in the Netherlands, Germany and Austria. BUX X, launched in 2014, oﬀers short-term, leveraged trading, all powered by a vibrant in-app community. BUX Crypto, launched in 2020, now offers an easy and affordable way to invest in Bitcoin and other digital currencies. Headquartered in Amsterdam, the Netherlands, the company is backed by Holtzbrinck Ventures, Velocity Capital, Orange Growth Capital and Initial Capital.
The investment services of BUX Zero are authorised and regulated by the Dutch Authority for Financial Markets (Autoriteit Financiële Markten - AFM). BUX X, the trading name of BUX Financial Services Limited, is regulated by the Financial Conduct Authority, FCA Register number 184333. The services of BUX Crypto are offered by BUX Alternative Investments BV.
BUX maakt het voor iedereen makkelijker meer met je geld te doen. Of het nu gaat om lange termijn beleggen in aandelen en of om korte termijn handel in hefboomproducten. Sinds de officiële lancering van BUX in 2014 maken meer dan 2,5 miljoen mensen uit 9 Europese landen gebruik van de BUX apps. Met BUX Zero, BUX nieuwste app, kunnen beleggers aandelen van hun favoriete bedrijven kopen en verkopen zonder dat ze daarvoor commissie betalen. BUX Zero is op dit moment beschikbaar in Nederland, Duitsland en Oostenrijk en vanaf deze zomer ook in Frankrijk en België. BUX X biedt handel in hefboomproducten en daarnaast is er een levendige trading community in de app. Met BUX Crypto kunnen gebruikers op een makkelijke en betaalbare manier in cryptocurrency beleggen. BUX heeft kantoren in Amsterdam en Londen en het bedrijf heeft oa. Holtzbrinck Ventures, en Velocity Capital als aandeelhouder.
De beleggingsdiensten aangeboden via BUX Zero van BUX B.V. worden gereguleerd door de Autoriteit Financiële Markten (AFM). BUX X is een handelsnaam van BUX Financial Services Limited. BUX Financial Services Limited is een in Engeland en Wales geregistreerd bedrijf onder registratienummer 03148972. BUX Financial Services Limited is geautoriseerd en gereguleerd door de “Financial Conduct Authority”, FCA registratienummer 184333.