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No Longer Fearful of Banks' Suspicion! BitoPro Teams Up with Far Eastern International Bank to Launch Bankee, a Cryptocurrency Exclusive Account

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No Longer Fearful of Banks

BitoPro, the Bitrue Group, has officially announced a partnership with Bankee from Far Eastern International Bank to launch cryptocurrency-exclusive accounts, significantly enhancing the immediacy and efficiency of transactions. This collaboration signifies a deep integration between traditional finance and the world of cryptocurrencies, offering investors a brand-new financial service experience.

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Pain Point: Banks Tighten Nerves for Crypto Users

Users engaged in cryptocurrency trading often face rejections from banks when they try to link their deposit accounts to compliant exchanges or raise their transfer limits. This is due to the lack of a clear regulatory framework for cryptocurrency activities, leading most banks to adopt a conservative and unfriendly stance towards cryptocurrencies based on risk control.

BitoPro Teams Up with Far Eastern International Bank to Launch Bankee Crypto Account

Taiwanese compliant exchange BitoPro and its trust bank, Far Eastern International Bank, have recently introduced a dedicated account for cryptocurrency users in an attempt to address the aforementioned pain points:

  • Maximum single deposit amount increased to 1.5 million New Taiwan Dollars, with a daily limit of up to 5 million New Taiwan Dollars
  • Both New Taiwan Dollar and foreign currency accounts can be opened simultaneously
  • Monthly withdrawal limit of up to 40 million New Taiwan Dollars
  • First-year waiver of handling fees for up to 6 withdrawals per month
  • BitoPro cryptocurrency exclusive account physical card - BitoPro Gold Joint Card
  • No limit on deposit amount, with a current 0.845% annual interest rate

More Services Coming Soon
  1. Withdrawal Service: Multiple withdrawals per day
  2. One-Click Deposit: Quickly top up New Taiwan Dollars from BitoPro, seamlessly switch within the app
  3. USD Deposits and Withdrawals: Support for USD deposits and withdrawals, avoiding exchange rate risks

For more information, please refer to the announcement.