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Garanti BBVA Introduces Secure Cryptocurrency Wallet

Garanti BBVA has revolutionized the Turkish banking scene with the launch of a cryptocurrency wallet, allowing customers to safely buy, sell, and store Bitcoin, Ethereum, and USD Coin.

Garanti BBVA’s Crypto Offering: A Giant Leap Forward

Garanti BBVA Digital Assets, a subsidiary of Garanti BBVA Financial Technologies Inc., has taken the plunge by independently creating and launching a cryptocurrency wallet on its mobile platform, Garanti BBVA Crypto.

This ground-breaking move makes Garanti BBVA the first bank in Turkey to develop and launch its own cryptocurrency wallet.

As part of the service, users can now transfer and store three popular cryptocurrencies – Bitcoin, Ethereum, and USD Coin – securely.

The bank’s initiative to remain at the forefront of the rapidly changing fintech landscape is evident in its dedication to exploring the potential of blockchain technology and cryptocurrency services. They have been working on blockchain technology and cryptocurrency services for several years, recognizing the potential to disrupt traditional financial systems.

The innovative wallet, available on the App Store for iOS users, boasts enhanced security features and digital payment capabilities, setting it apart from other cryptowallets.

Garanti BBVA Executive Vice President and Chairman of the Board of Directors of BBVA Digital Assets, Çağrı Süzer, announced that the team had successfully completed pilot tests for the new service. Initially available for a limited number of beta users, the wallet is now accessible to all Garanti BBVA customers.

Süzer also hinted that they plan to expand their portfolio of supported assets and enhance the infrastructure to accommodate growth in the future.

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