PostFinance’s Exciting New Crypto Contest
PostFinance, the financial services arm of Swiss Post, has launched a thrilling new competition for cryptocurrency enthusiasts. The contest offers participants the chance to win one of three bitcoins by investing a minimum of $100 in any of the 11 cryptocurrencies available through their PostFinance account.
- The competition is valid until April 30, 2024.
- All customers who meet the investment requirement by the deadline will automatically be entered into a draw to win one of the three bitcoins.
- Participants can choose to invest in the cryptocurrencies through a single order or a cryptocurrency savings plan.
- To take part in this exciting opportunity, users can access their PostFinance account via the PostFinance App or e-finance platform.
PostFinance Embraces Crypto Trend with Bitcoin Contest
In alignment with the soaring value of Bitcoin, which has recently exceeded $73,000, PostFinance has introduced this competition as an exciting way to engage its customers in the crypto market.
- As of now, Bitcoin is valued at $73,490 and has experienced a 10% increase in the past week alone.
- The total market cap of Bitcoin stands at an impressive $1.440 trillion.
- PostFinance previously launched an app named Yuh in May 2021, allowing users to invest in various cryptocurrencies and stocks.
- The Yuh app is a collaboration between Swissquote and PostFinance, offering mobile banking services and investment opportunities.
Promoting Stablecoin Development: The Digital Franc Initiative
Last summer, PostFinance made headlines for its partnership with Swiss Stablecoin (SSC) to support the development of the digital franc, a Swiss stablecoin pegged 1:1 with the Swiss franc.
- The initial objective of the partnership is to create a proof-of-concept for the digital franc.
- Cardossier association, with PostFinance as a founding member, joined forces to work on creating use cases for the stablecoin.
- The long-term vision includes enabling issuance and redemption of the digital franc through Swiss bank networks.
Closing Thoughts on Switzerland’s Crypto Initiatives
Switzerland continues to demonstrate its progressive approach towards cryptocurrencies and blockchain technology through initiatives like PostFinance’s crypto contest and stablecoin development efforts. By actively engaging with these innovations, users can explore new investment avenues and contribute to shaping the future of digital finance. Stay tuned for more updates on Switzerland’s evolving crypto landscape!
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