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Myandbank Expands Crypto Trading to Eight Assets Including Solana and Ripple

Developed with Prosegur Crypto, the update adds Cardano, Avalanche, Chainlink, Polkadot to Bitcoin and Ethereum, offering clients secure, app-based diversification with competitive 0.50% fees.

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Key Points

  • Myandbank expands crypto trading to eight assets: BTC, ETH, ADA, AVAX, LINK, SOL, XRP, DOT.
  • Developed with Prosegur Crypto for secure app-based trading with 0.50% fees.
  • Adds Cardano, Avalanche, Chainlink, Polkadot, Solana, Ripple to Bitcoin and Ethereum.
  • Responds to client demand for diversified investments in regulated Andorran platform.

Myandbank, the digital banking platform of Andbank in Andorra, has expanded its cryptocurrency trading service to include eight assets, allowing clients to invest directly through the app.

Developed in partnership with Prosegur Crypto, the update builds on the initial launch featuring Bitcoin (BTC) and Ethereum (ETH) by adding Cardano (ADA), Avalanche (AVAX), Chainlink (LINK), Solana (SOL), Ripple (XRP), and Polkadot (DOT). The move responds to client demand for broader investment options and easier portfolio diversification in a secure setting.

Prosegur Crypto, authorized to operate with digital assets in Andorra, manages custody with protocols designed to counter operational risks, cybersecurity threats, and fund losses. The service aligns with local rules on anti-money laundering (AML) and counter-terrorism financing (CFT).

Fees stay competitive: 0.50% on buys and sells, plus 0.50% annual custody charge, with a €3 minimum—indirect taxes not included. Clients access trading seamlessly via the Myandbank app's cryptocurrencies section, bypassing external platforms for faster, integrated operations.

Marta Bravo, Andbank's deputy CEO, called it a logical next step. "The expansion of the cryptocurrency range at Myandbank is a natural evolution of the service we launched, responding to our clients' wish for more investment choices in a secure, regulated environment within their trusted bank," she stated.

This positions Myandbank as a leading digital investment platform in Andorra, merging fintech advances with established banking standards.

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