In-App Trading
Partners Banka has launched direct bitcoin trading in its mobile app, making it the first domestic commercial bank in the Czech Republic to offer clients seamlessly integrated cryptocurrency transactions. According to a local report, the new feature lets clients open a crypto account within minutes and start buying or selling bitcoin with as little as $23 (500 Czech korunas).
“Bitcoin interests a large part of the Czech public today, but for many people the path to buying it remains needlessly complicated,” said Petr Borkovec, CEO of Partners Banka and co-founder of the Partners financial group. “Removing these unnecessary technological barriers gives clients better control over how much they buy, fitting into our long-term strategy of creating a single space for a client’s entire financial life.”
Through its partnership with Anycoin, which provides infrastructure licensed under the European Union’s Markets in Crypto-Assets (MiCA) regulation, Partners Banka allows clients to trade bitcoin directly within its app with no maintenance or custody fees. The app supports single transactions of up to $68,700, subject to a total 2% markup, split into 1.5% for the bank and 0.5% for Anycoin, though coins cannot be transferred to external wallets.
