The Digital Investment Platform Pepper Invest is working with the regulated blockchain infrastructure platform Paxos. So they can introduce the new crypto services to its consumers. This is the first initiative in the Israeli banking system that Pepper investment has taken.
On March 25, the Israel-based Leumi bank confirmed that. Its digital investment platform has launched its crypto trading services. In collaboration with the blockchain infrastructure platform Paxos.
After this initiative, pepper Invest becomes the first Israeli banking system. And amongst the few worldwide that will provide cryptocurrency trading services.
Additionally, it has been revealed that. The user of Leumi bank will also be provided with crypto trading services soon.
At the start, Pepper’s invest customers will be able to buy, sell, and own ethereum and bitcoin. Initiating from an amount of 50 Shekels ($15.49 ). But now, the starting date has not been revealed. As the regulatory approval required.
Moreover, the paper will look after the taxes as per the guidelines of the Israeli Tax Authority. That means this new service will make the life of the Pepper invest users easier. As the customers will be safe from the issue of taxation.
Also, the users of pepper invest will not face other hurdles. That they usually face while transacting digital currencies.
The digital investment platform Pepper joined Paxos to offer crypto trading services. But the regulatory approval is required. And no starting date has been revealed anywhere. But this new initiative will facilitate Pepper Invest users to buy, sell, and own digital assets.
And for now, the users can only use Ethereum and bitcoin for crypto trading. Also, the users of the digital investment platform pepper invest would secure themselves from many problems they usually face while crypto trading.
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Disclaimer: We are not experts or financial advisors. Kindly, take your decisions at your own risk. As crypto investment contains risk. And our aim is to keep you aware of the current cryptocurrencies, and NFTs headlines.