Initially supporting Bitcoin, Ethereum, and Solana, the service will soon include more cryptocurrencies and networks. This functionality is being rolled out gradually to all users.

Transaction volume at Nubank surged 1500% from March 2023 to March 2024, making it one of Brazil’s top crypto platforms. Thomaz Fortes, Director of Nubank Crypto, emphasized the customer-centric approach, stating the platform aims to reduce complexity and give users control over their crypto assets. The new feature offers competitive fees and stabilizes blockchain transaction costs.

Nubank collaborates with Chainalysis to ensure high compliance standards and security. Using blockchain technology, Nubank monitors addresses and disrupts suspicious activities.

This initiative underscores Nubank’s commitment to secure and efficient financial services for its customers.