Garanti BBVA Launches Cryptocurrency Wallet Application: Will Support Three Cryptocurrencies

Garanti BBVA has officially launched its new crypto wallet and transfer application, Garanti BBVA Kripto, for the iOS platform.

The new application promises that Bitcoin (BTC), Ethereum (ETH) and USD Coin (USDC) assets will be stored in the cold wallet.

According to the official statement, Garanti BBVA Crypto’s features include offline wallet infrastructure that provides high security, continuous internal and external audits, real-time crypto asset monitoring and call center support.

According to the information shared, users can now register by downloading Garanti BBVA Crypto to their phones. The registration process includes email address and mobile phone verification, password selection and account verification steps.

Users will be able to verify their identities by filling out their personal information and customer identification form, approving the required documents, completing additional information, and uploading the new type of ID cards to the system. To enable account activation, users must transfer money in the amount of 1 TL from their bank accounts to their Garanti BBVA Crypto account.

Users who want to transfer their crypto assets to Garanti BBVA Crypto can get the QR code or copy the address of the relevant crypto asset. They can send their Bitcoin (BTC), Ethereum (ETH) and USD Coin (USDC) assets on other platforms to Garanti BBVA Crypto via crypto withdrawal.

*This is not investment advice.