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Fidor Bank – Bitcoin, Ripple, What's Next?

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newsbtc
4 years ago
2 mins read

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A bank in Germany that goes by the name of Fidor Bank AG is truly differentiating itself even further from your grandparents’ bank. You may have read that Fidor became the first bank to utilize Ripple’s payment protocol, so why is this bank so different?

Fidor is not your traditional bank. Just take a second to digest all the features Fidor’s smart checking account offers besides the trite bank/bank card “perks” that every bank offers.

Fidor’s smart checking account enables users to:

  • Have no account fees
  • Borrow money from friends
  • Buy precious metals
  • Buy foreign currencies
  • Buy alternative currencies (BTC and some AltCoins)
  • Send payments to e-mail addresses, twitter handles or phone numbers
  • And much more.

Fidor has partnered with the German bitcoin exchange bitcoin.de all the way back in July and more recently announced it’s Bitcoin derivatives market back in January.

Fidor will begin using Ripple for intra-bank payments in its’ German branches and with their international partners. If this does bring down the cost of doing business, as planned, more banks may soon follow.

Fidor is bucking the trend for what a modern bank could become, using technology to bring down the costs of banking and giving customers more freedom over their money.

[textmarker color=”C24000″]Source[/textmarker] CoinDesk Fidor

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Comments 1

  1. Ripple Activation says:
    11 years ago

    Found this, he’s selling ripple account activation dead cheap

    http://www.bit.do/ripple

    Definitely the cheapest I have seen around, better than paying for an amazon gift certificate.

    I used it and the ripples arrived in my wallet in less than 10 minutes.
    Also it is advertised that he sends 35XRP but i recieved 50XRP, dont know if this was an error or he is doing it for everyone.

    Anyway, just thought I would share as i dont know how long its going to last.

    😀

    Reply

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Comments 1

  1. Ripple Activation says:
    11 years ago

    Found this, he’s selling ripple account activation dead cheap

    http://www.bit.do/ripple

    Definitely the cheapest I have seen around, better than paying for an amazon gift certificate.

    I used it and the ripples arrived in my wallet in less than 10 minutes.
    Also it is advertised that he sends 35XRP but i recieved 50XRP, dont know if this was an error or he is doing it for everyone.

    Anyway, just thought I would share as i dont know how long its going to last.

    😀

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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