Dukascopy Bank is offering an innovative and secure access to the global crypto markets. The clients of the Bank can purchase blockchain-based crypto assets while keeping their fiat funds in the safe custody of their Dukascopy MCA account. This service is provided together with several recognized crypto exchanges, which have integrated Dukascopy Bank's technology into their marketplaces. Crypto-assets purchased via this partnership will be delivered to clients' crypto custody accounts with the exchange. In the same time, fiat funds will be still kept on the Dukascopy MCA account of the client, there is no need to move those to the exchange at any stage.
By linking the Multi-Currency Account to an exchange — two new custody accounts are created, EUR and CHF accounts (one or both can be used), dedicated for buying and selling crypto on the exchange. The fiat funds will remain on the client's bank account up to the moment of the purchase of crypto on the exchange and appear on the bank account immediately after the sale of crypto on the exchange.
While your Dukascopy account is linked to a crypto exchange, a currency restriction is applied to the Multi-Currency Account: wire deposits and withdrawals are only available in EUR and CHF.
For example, after linking the MCA to crypto exchange, it will not be possible to receive USD wire transfers.
This currency restriction can be removed by unlinking your account from the crypto exchange
ZBX is authorized by the Malta Financial Services Authority as a Class 4 Virtual Financial Assets Service provider authorizing it to provide the following VFA services to both experienced and non-experienced, corporate and individual investors:
These licensable services support the front-end offerings of:
The founding team of ZBX has broad and extensive experience in traditional financial services, IT and the cryptocurrency sector. ZBX's core team is located in Malta, Switzerland, Sweden, and Dubai.