Dukascopy Bank is extending the range of funding methods available to clients by adding Ether (ETH).
This becomes the 2nd crypto-currency after Bitcoin (BTC), launched in October 2018, that can be used to deposit and withdraw funds from a trading account opened as “crypto-fundable”.
The crypto-currency (ETH or BTC) is the payment vehicle, at arrival they are automatically converted into the base currency of the account (US Dollar) and credited to the client’s account with the Bank. Likewise, when withdrawing funds from a crypto-fundable account, those are debited in USD and automatically converted into crypto-currency and sent to the client’s registered blockchain wallet address.
More information on account funding in crypto.