Discount Bank to offer Bitcoin and Ethereum trading via app starting November 26
Discount Bank will allow customers to trade Bitcoin and Ethereum directly through its banking app from November 26, 2026, with custody via Fireblocks and a six-month fee waiver. The service is expected to precede Leumi Bank's similar offering, planned for early 2027.
Discount Bank announced that starting November 26, 2026, it will allow its private customers aged 18 and over to trade Bitcoin and Ethereum directly through the bank's app. The service will include offsetting gains and losses within the investment portfolio, a waiver of management fees for six months, and low trading commissions (without specifying the rate). The cryptocurrencies will be stored in the bank's wallets using the Fireblocks infrastructure. Discount is expected to precede Bank Leumi, which announced a similar service slated to begin in early 2027. Group CEO Avi Levi stated that this is a first step in building a technological infrastructure in the field. Alongside the convenience, the article notes that crypto trading involves sharp volatility and high risk.
Discount Bank to offer Bitcoin and Ethereum trading via app starting November 26