Please beware of special trading breaks for CFD's and Bullion on the coming Monday 20th January due to Martin Luther King Jr. Day. The detailed market closures can be found here.
On November 22nd 2019 at 15:19 GMT a historical event took place. The first physical embodiment of a virtual cryptocurrency had been launched into Space. The crypto-currency which dared such a feat was the Dukascoin: the first cryptocurrency ever issued by a regulated bank – Dukascopy Bank SA. With a speed of 5.5 Mach, the batch of 65 exclusive silver coins minted from 999 Pure Silver had reached a height of 301304 feet. It was launched from Spaceport America, located in New Mexico, USA. Later that same day, the space capsule with 65 silver coins returned to Earth. The video report is available here.
Today, Dukascopy Bank is proud to announce that the silver Dukascoins which were launched into space and successfully returned to Earth are available for order. The buyer will benefit from a rare numismatic value and the opportunity to receive a significant Gratification bonus of 250 DUK+. Each Silver Dukascoin Set will consist of the silver Dukascoin with a unique number and a Certificate of Origin containing the same unique number, signed by the CEO of Dukascopy Bank. You can take a look at the photo gallery here . The intrinsic value of the Silver Dukascoin lies in the fact that it is the physical proof of the right to receive the Gratification bonus under the conditions of the Silver Dukascoin Bonus Program. Please read the conditions on the dedicated website www.dukascoin.com/silver/
2 series of the Silver Dukascoin were minted in a limited number of 1000 pieces for both series. The first 65 Silver Dukascoins belong to the special SPACE series minted from 999 Pure Silver and launched into Space. This is a series of rare coins which have been seasoned by uncovered Solar winds and which offer a substantial Gratification bonus of 250 DUK+.
In addition to the SPACE series, the Bank minted 935 silver Dukascoins of the SKY series. These Dukascoins are minted from 925 Fine Silver to memorialize a historical event which happened on February 28th 2019, when a regulated Swiss bank was the first Bank in the world to issue a cryptocurrency. The Gratification bonus for the SKY series Silver Dukascoin holders is 50 DUK+.
The Bank is offering the Silver Dukascoin while respecting the Reference price. The formula of the Reference price is the following:
Clients willing to buy the Silver Dukascoin of the SPACE series should have more than 10000 Dukascoins on their multi-currency account (deposits included) with Dukascopy Bank at the moment of the purchase request. As well 10 000 and more Dukascoins may be allocated on the any blockchain account and/or on the account with partnering cryptoexchange. For the SKY series, there is no minimum required amount.
Dukascopy Bank created the following key features intended to protect the Silver Dukascoin holder’s rights and assist them in transfers of those rights to other persons:
Clients can book the silver Dukascoin with a particular number from the “Available in the Bank” section by sending a written request.
Dukascopy Bank invites readers to get acquainted with details of the offer and complete the order form on www.dukascoin.com/silver/.
The Silver Dukascoin Set is available for order starting from now. The delivery of the set to clients will start in January, 2020.
High-resolution images of the Silver Dukascoin Set and the video of the space launch are available in the Dukascoin media-kit.
The detailed market closures for FX, Bullion and CFD markets can be found in our Trading Breaks Calendar.
Please beware of low liquidity throughout the Christmas and New Year period.
On February 28th 2020 the Dukascoin project will celebrate its 1 year anniversary. Since that date, 144 667 clients have opened their accounts with Dukascopy Bank and 2 893 340 coins were released into circulation while the exchange rate of Dukascoin has stabilised above 1 EUR per coin. The three reward programs developed by Dukascopy Bank to benefit its loyal clients showed the following results:
Following its initial plan and the successful start of the project, Dukascopy Bank announces the continuation of the existing Dukascoin reward programs for the second year with some changes.
In particular, the Coin Reward Deposit program rates will be reduced by 10%:
The changes will take effect on March 1st 2020. Until that time, the existing schedule will remain in force. Application of the updated rates will not affect the previously placed active deposits. The next 10% reward rate reduction is expected to be applied on June 1st 2020.
The fiat Reward Deposit program remains available for clients for the second year as well with the same reward rate: 50 euro cents for each allocated Dukascoin. The minimum deposit amount will continue raising by 1 000 DUK+ every month until it reaches the 20 000 DUK+ threshold in October 2020:
Finally, the prestigious Fat Catz reward program will also continue benefiting its members with commission gathered from Dukascoin's sellers. The only change is that the qualification threshold will be raised from 10 000 DUK+ to 15 000 DUK+ on February 1st 2020.
Please consider adjusting your plans regarding your participation in the Dukascoin reward programs taking into account the announced changes for the coming year.
Dukascopy Bank is pleased to announce the listing of its own cryptocurrency Dukascoin on ZBX cryptocurrency exchange that will officially commence in January, 2020 preceded by the currently undergoing pre-listing period. After the successful integration of the bank’s Crypto Partner account program with ZBX, the companies will continue to combine the best of both worlds – security and reliability of a Swiss bank and the innovative nature of the crypto-exchange.
Dukascoin has not been traded against US dollar-related instruments before. Now, the clients of ZBX will be able to trade DUK+/USDT, getting access to the benefits offered for Dukascoin owners:
The users who have both - Dukascopy multi-currency account (MCA) and ZBX account will have the opportunity to send and receive the bank's cryptocurrency in the blockchain – Dukascoins can be sent to the client’s Dukascopy address or to the client’s ZBX address.
Dukascoin is an ERC-20 token created by Dukascopy Bank representing the first cryptocurrency in the world issued by a bank on a public blockchain. The token was launched on February 28, 2019 and during the last three months has risen in value from 0.60 EUR to 1.30 EUR per coin.
Dukascopy Bank is delighted to see a steady demand for Dukascoins. The listing on ZBX exchange is yet another confirmation of the success of the model behind Dukascoin tokens.
Please mind that contrary to the fraudulent allegations of UNITRADE ENTERPRISES, UNITRADE ENTERPRISES is not in collaboration with Dukascopy Bank or with any other entity of Dukascopy Group.
UNITRADE ENTERPRISES is fraudulently using Dukascopy's name for attracting clients/investors, without Dukascopy Bank's permission. We are taking action against this dishonest organisation.
We ask for extreme caution toward such an organization basing its promotion on a lie.
We are glad to inform that from now on you can order Dukascopy virtual card not only from Visa but also from Masterсard brand in four major currencies: American Dollar, Euro, British Pound and Swiss Franc.
Virtual card represents a perfect solution if you like to shop and pay your bills online, as it offers the same benefits and same level of security as plastic card just without owning one. Moreover, virtual card is ready to use immediately after the order - no need to wait for post delivery and no activation procedure required.
To order virtual cards simply visit our web or mobile application.
The US will celebrate annual Thanksgiving Holiday on Thursday, November 28th. For special market closures on Thursday and Friday please check Trading Breaks Calendar.
Dukascopy Bank is happy to inform that DUK+/EUR rate has doubled in the period of just one month. DUK+/EUR bid rate was 0.65 on the 21st of October, reached 1.30 on the 15th of November and is currently steadily holding at over 1.20 since the 21st of November.
This achievement is even more remarkable when comparing to the negative pace of cryptocurrencies such as Bitcoin, Ether, Litecoin and the majority of others. It confirms the sustainability of the key concepts of the Dukascoin project published in the Whitepaper.
It is worth pointing out that the current positive dynamic of the DUK+/EUR exchange rate is supported by a stable trading volume on the internal marketplace. This is another confirmation of the steady interest from the public to the first cryptocurrency issued by a regulated bank.
On Sunday 3rd of November daylight saving time ends and clocks in the United States are turned back one hour.
Trading hours will follow winter schedule for the following CFDs (Indices, Commodities, Bullions, Bonds, Stocks and ETFs):
Please be aware that market opening of our systems and daily settlement will be changed to 22:00 GMT on that date.
On Sunday 27 October daylight saving time ends and clocks in Europe are turned back one hour.
Trading hours will follow winter schedule for the following European CFD markets (Indices, Commodities, Bonds and Stocks):
Due to UK Parliament Vote on the new Brexit deal which will take place this Saturday, 19-Oct-2019, Dukascopy Bank has temporary lowered maximum exposure on GBR.IDX/GBP to 100 Contracts.
Due to the fact that MT4 accounts are not subject to over-the-weekend leverage 1:30, maximum exposure level for GBP Related instruments for MT4 accounts will be reduced to 15 contracts (1.5 mio).
Due to the ongoing risks of market gaps in a politically driven market environment, these reduced maximum exposure levels will remain until further notice.
Dukascopy Europe informs about its website fraudulent clone on the domain dukas-broker.ru. Please be aware that this website is not controlled and does not belong to Dukascopy Europe or any other entity of Dukascopy group.
Do not trust any information on the website dukas-broker.ru. This website and all information provided on this webpage is SCAM. Do not provide any personal data on this website.
We are taking actions against this fraudulent webpage.
Dukascopy is expanding its list of 550+ FX and CFD instruments by adding following CFDs on commodities, indices and bonds:
More detailed information about SWAP rates, trading breaks and other trading conditions is provided in the corresponding section of the website.
Total list of CFDs can be found here.
Be informed, that the list of CFDs tradeable with Dukascopy is continuously increased.
Due to the upcoming Labor Day holiday in the US on Monday 2nd September, several markets will be subject to early or total closure on at that day.
The full details of the changes may be found here.
Please also note that the fee schedule for single stock CFDs and ETFs has been reviewed. Follow the link to see the updated commission rates.
Geneva, 11th July 2019 - Dukascopy Bank is pleased to announce the first listing of its own cryptocurrency Dukascoin on the first external trading venue - Swiss Crypto Exchange (SCX)
On February, 28 Dukascopy Bank has launched Dukascoin - the first public blockchain-based crypto token issued by a bank. This event has marked an important milestone in the crypto-friendly long-term strategy of the bank. Since then, Dukascoin has been actively traded inside the internal ecosystem of the bank, attracting significant interest from investors. During the last several months Dukascopy has been actively preparing the next great landmark for its cryptocurrency - external admission to trading.
After careful research and diligent selection process, the bank is now glad to announce the first partnership with one of the most recognized and well-established Swiss crypto companies - Swiss Crypto Exchange (SCX). The bank has highly appreciated the professional team standing behind SCX managed by its CEO Dr. Francesco Adiliberti and its Executive Chairman Dr. Christian Katz and - two well-known and respected members of the Swiss financial industry. Dukascopy Bank is looking forward to fruitful and long-lasting cooperation with SCX in the crypto domain.
Starting from this week, global institutional and private investors will have the opportunity to transact in Dukascoins outside of Dukascopy Bank's environment, freely sending and receiving the bank's cryptocurrency in the blockchain. The bank would like to remind that anyone interested can follow all the latest updates related to Dukascoin on the dedicated web site www.dukascoin.com. This resource publishes all relevant information about the prospective business uses of the token inside or outside the bank.
The bank is equally happy to present an essential additional benefit that clients of Dukascopy will obtain from the partnership with Swiss Crypto Exchange. All clients will get access to trading in popular cryptocurrencies, for example, Bitcoin (BTC) or Etherium (ETH) against Dukascoin or fiat currencies. In this convenient arrangement, clients will be able to keep their money in the safe custody of their Dukascopy bank accounts while buying or selling crypto via SCX (you can read SCX's press release here).
"Switzerland is our home market and is of strategical importance for us. Therefore, we have been particularly careful when selecting a partner exchange. I am certain that we have entrusted our first integration of Dukascoin to the partners who understand the financial and crypto markets very well. They are true professionals. Moreover, I am personally delighted to work closely to Dr. Christian Katz, who has been managing SIX exchange for years and who knows very well how a proper Swiss exchange should be organised." said Dr. Andre Duka, co-CEO of Dukascopy Bank.
As it was announced, on the 3rd of July, 2019 Dukascopy Bank has started the Public Test phase of its Dukascash project (announcement). The positive reaction of the market to that announcement almost doubled the price of the Dukascoin.
During the Public Test, Dukascopy Bank declares its intention to check the industry's general interest towards low-volatile token issued and supported by the Bank and invites the leading crypto industry actors to a dialogue regarding the project.
At the same time, the Bank will verify the effectiveness of the developed procedures related to Dukascash, its regular monitoring system and the potential ability to expand the project within the short time frame upon the request of potential partners. To do so, in the framework of the Public Test, the Bank is going to add to the list another five tokens.
These new tokens are CNY+, GBP+, JPY+, MXN+ and RUB+ pegged to Chinese Renminbi, Pound of Sterling, Japanese Yen, Mexican Peso and Russian Ruble, respectively. Such expansion of Dukascash tokens should prove the scalability of the project.
Creating the family of low-volatile tokens supported by the Bank, freely convertible with the same cross rates as their base currencies is considered by the Bank as a general target of the project. In fact, the Bank may rapidly extend the list of Dukascash tokens family members up to 23 currencies, all of which are currently available as a base currency for clients' accounts. Further extension of the list will be considered on a case-by-case basis.
The Bank reminds that during the period of the Public Test, which will continue until the official termination, the Bank does not take any obligation and does not guaranty the continuation of the project. In any case and independently on the results of Public Testing, possible future amendments to the White Paper and continuation or discontinuation of the project, the Bank takes an obligation to buy back all Dukascash tokens purchased by clients during the Public Test phase. See details in the Public Test disclaimer.