In a strategic move that underscores the growing convergence between traditional finance and digital assets, Dutch neobank bunq has officially launched crypto trading directly within its banking app, powered by a partnership with U.S.-based crypto exchange Kraken.
Seamless Crypto Access Within the Bunq App
Starting today, bunq users can buy, sell, and hold cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and over 350 other digital assets directly from the familiar bunq mobile interface. The integration eliminates the need for users to create separate accounts on external crypto exchanges, a key barrier for crypto newcomers.
To enable crypto trading, users must complete a one-time Know Your Customer (KYC) verification through Kraken. This involves submitting an official ID and a selfie, and typically takes just a few minutes to process.
Once verified, users can instantly begin trading from within the app, making crypto more accessible to those who may have been hesitant to engage with complex or unfamiliar trading platforms.
Competitive and Transparent Pricing Based on Subscription Tiers
Bunq offers a transparent fee structure that varies depending on the user’s subscription plan:
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bunq Free: 1.99% per transaction
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bunq Core: 0.99%
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bunq Pro: 0.49%
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bunq Elite: 0.25%
These fees are competitive, especially compared to traditional crypto exchanges, and reinforce bunq’s positioning as a user-friendly platform tailored to the needs of modern digital natives.
Launch in Six Countries, with Broader Expansion Planned
The initial rollout covers six European markets: the Netherlands, Belgium, France, Spain, Italy, and Ireland. Bunq plans to expand the service to other European countries, the United Kingdom, and even the United States, where the bank is already offering investment services and is currently in the process of securing a full banking license.
Addressing the Needs of Europe’s Digital Nomads
According to bunq CEO Ali Niknam, the move is a direct response to user demand, particularly among digital nomads and globally mobile professionals. A recent survey found that two-thirds of European digital nomads prefer to manage all their finances, including crypto, through a single platform. Over 50% expressed interest in investing in cryptocurrencies but had yet to find a suitable and secure provider.
“With bunq Crypto, we’re addressing a key need of millions of users,” Niknam stated. “Whether it’s paying, saving, or investing, even in crypto, it can now all be done safely and easily from the bunq app.”
Strategic Win for Both Bunq and Kraken
With over 17 million users, bunq is currently the second-largest neobank in Europe, trailing only behind Revolut. The collaboration with Kraken, one of the most established crypto exchanges globally, marks a major strategic win for both companies.
Founded in 2011, Kraken is reportedly preparing for a potential IPO in 2026, and this integration gives the exchange deeper penetration into the European retail market. It also comes at a time when MiCA (Markets in Crypto-Assets) regulation is being implemented across the EU, paving the way for more mainstream adoption of digital assets through regulated channels.
By combining bunq’s user-friendly banking experience with Kraken’s crypto infrastructure and liquidity, the partnership could emerge as a powerful force in making crypto more accessible, trusted, and seamlessly integrated into everyday financial life.
