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In Switzerland, the bank started working with Tether cryptocurrency for the first time

11:24 am, May 25, 2022

Swiss financial services provider Dukascopy Bank SA has added the ability to deposit and withdraw USDT as well as ETH for holders of multi-currency accounts.

USDT has become the first stablecoin that bank customers can deposit and withdraw from their cryptocurrency wallets. To do this, users must link the USDT address to their multi-currency account by confirming their ownership of it. Dukascopy Bank customers have the opportunity to make transactions with ether in the same way.

Dukascopy Bank has been working in the field of digital assets for several years. In 2019, the bank began to cooperate with the Bitstamp cryptocurrency exchange to provide customers with the opportunity to buy bitcoins for fiat currencies.

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