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Nouvelles

26.08.2024

STAKES REWARD RATES UPDATE FROM OCTOBER 1, 2024

Dukascopy Bank informs that rates for stakes with rewards in DUK+ will be changed as of October 1, 2024. The new rewards schedule will look as follows:

Size of the deposit, DUK+ Coin Stake Reward rate paid by the Bank for a 1 year Stake held with the Bank / with the personal blockchain wallet, % Coin Stake Reward rate paid by the Bank for a 3 month Stake held with the Bank / with the personal blockchain wallet, %
50 5 / 6 1 / 1.2
100 6 / 7 1.2 / 1.4
250 7 / 8 1.4 / 1.6
500 8 / 9 1.6 / 1.8
1000 9 / 10 1.8 / 2
2500 10 / 11 2 / 2.2
5000 11 / 12 2.2 / 2.4

New rates for stakes with EUR reward for 1 year and 3 months term are 0.13 EUR and 0.026 EUR per 1 DUK+ respectively.

Stakes allocated before October 1, 2024 will not be affected by the changes.

31.05.2024

STAKES REWARD RATES UPDATE FROM JULY 1, 2024

Dukascopy Bank informs that rates for stakes with rewards in DUK+ will be changed as of July 1, 2024. The new rewards schedule will look as follows:

Size of the deposit, DUK+ Coin Stake Reward rate paid by the Bank for a 1 year Stake held with the Bank / with the personal blockchain wallet, % Coin Stake Reward rate paid by the Bank for a 3 month Stake held with the Bank / with the personal blockchain wallet, %
50 5.5 / 6.5 1.1 / 1.3
100 6.5 / 7.5 1.3 / 1.5
250 7.5 / 8.5 1.5 / 1.7
500 8.5 / 9.5 1.7 / 1.9
1000 9.5 / 10.5 1.9 / 2.1
2500 10.5 / 11.5 2.1 / 2.3
5000 11.5 / 12.5 2.3 / 2.5

New rates for stakes with EUR reward for 1 year and 3 months term are 0.14 EUR and 0.028 EUR per 1 DUK+ respectively.

Stakes allocated before July 1, 2024 will not be affected by the changes.

05.03.2024

STAKES REWARD RATES UPDATE FROM APRIL 1, 2024

Dukascopy Bank informs that rates for stakes with rewards in DUK+ will be changed as of April 1, 2024. The new rewards schedule will look as follows:

Size of the deposit, DUK+ Coin Stake Reward rate paid by the Bank for a 1 year Stake held with the Bank / with the personal blockchain wallet, % Coin Stake Reward rate paid by the Bank for a 3 month Stake held with the Bank / with the personal blockchain wallet, %
50 6 / 7 1.2 / 1.4
100 7 / 8 1.4 / 1.6
250 8 / 9 1.6 / 1.8
500 9 / 10 1.8 / 2
1000 10 / 11 2 / 2.2
2500 11 / 12 2.2 / 2.4
5000 12 / 13 2.4 / 2.6

New rates for stakes with EUR reward for 1 year and 3 months term are 0.16 EUR and 0.032 EUR per 1 DUK+ respectively.

Stakes allocated before April 1, 2024 will not be affected by the changes.

05.12.2023

STAKES REWARD RATES UPDATE FROM JANUARY 1, 2024

Dukascopy Bank informs that rates for stakes with rewards in DUK+ will be changed as of January 1, 2024. The new rewards schedule will look as follows:

Size of the deposit, DUK+ Coin Stake Reward rate paid by the Bank for a 1 year Stake held with the Bank / with the personal blockchain wallet, % Coin Stake Reward rate paid by the Bank for a 3 month Stake held with the Bank / with the personal blockchain wallet, %
50 6.5 / 7.5 1.3 / 1.5
100 7.5 / 8.5 1.5 / 1.7
250 8.5 / 9.5 1.7 / 1.9
500 9.5 / 10.5 1.9 / 2.1
1000 10.5 / 11.5 2.1 / 2.3
2500 11.5 / 12.5 2.3 / 2.5
5000 12.5 / 13 2.5 / 2.6
10000 13 / 14 2.6 / 2.8

New rates for stakes with EUR reward for 1 year and 3 months term are 0.17 EUR and 0.034 EUR per 1 DUK+ respectively.

Stakes allocated before January 1, 2024 will not be affected by the changes.

29.08.2023

STAKES REWARD RATES UPDATE FROM OCTOBER 1, 2023

Dukascopy Bank informs that rates for stakes with rewards in DUK+ will be changed as of October 1, 2023. The new rewards schedule will look as follows:

Size of the deposit (DUK+) Coin Stake Reward rate paid by the Bank for a 1 year Stake held with the Bank / with the personal blockchain wallet Coin Stake Reward rate paid by the Bank for a 3 month Stake held with the Bank / with the personal blockchain wallet
50 7 / 8 1.4 / 1.6
100 8 / 9 1.6 / 1.8
250 9 / 10 1.8 / 2.0
500 10 / 11 2.0 / 2.2
1000 11 / 12 2.2 / 2.4
2500 12 / 13 2.4 / 2.6
5000 13 / 14 2.6 / 2.8
10000 14 / 15 2.8 / 3.0

Rates for stakes with EUR reward for 1 year and 3 months term remain unchanged (0.18 EUR and 0.036 EUR per 1 DUK+ respectively).

Stakes allocated before October 1, 2023 will not be affected by the changes.

19.06.2023

SCAM ALERT: FRADULENT DUKASCOIN CLONE

Dukascopy Bank SA informs about fraudulent clone of Dukascoin token with the ticker "DUK+" on BNB Smart Chain.
Please be aware that this token "DUK+" is not controlled and does not belong to Dukascopy Bank, Dukascopy Europe, Dukascopy Japan or any other entity of Dukascopy Group.

Do not trust any information to be found on the respective CoinMarketCap page of that fake token. Do not provide any personal data to people who offer you to buy that token.We are taking action against this clone.

The real Dukascoin token has a ticker "DUK+" and operates on ERC-20 network. Here is information on the real Dukascoin and its smart contract:
https://etherscan.io/token/0x73f2651EA38d48B3B808ffdDbd398Fd600aB5BA7

You can find all information about Dukascoin on our dedicated website: https://www.dukascoin.com/

Meanwhile, please note that using decentralized exchanges entails higher risks for users, than operating with centralized exchanges. For more information on popular scams on decentralized exchanges you can refer to this article.

02.06.2023

STAKES REWARD RATES UPDATE FROM JULY 1, 2023

Dukascopy Bank informs that rates for stakes with rewards in DUK+ and EUR will be changed as of July 1, 2023. The new rewards schedule will look as follows:

Size of the deposit (DUK+) Coin Stake Reward rate paid by the Bank for a 1 year Stake held with the Bank / with the personal blockchain wallet Coin Stake Reward rate paid by the Bank for a 3 month Stake held with the Bank / with the personal blockchain wallet
50 7 / 9 1.4 / 1.8
100 8 / 10 1.6 / 2.0
250 9 / 11 1.8 / 2.2
500 10 / 12 2.0 / 2.4
1000 11 / 13 2.2 / 2.6
2500 12 / 14 2.4 / 2.8
5000 13 / 15 2.6 / 3.0
10000 14 / 16 2.8 / 3.2

New rates for stakes with EUR reward for 1 year and 3 months term are 0.18 EUR and 0.036 EUR per 1 DUK+ respectively.

Stakes allocated before July 1, 2023 will not be affected by the changes.

01.03.2023

STAKES REWARD RATES UPDATE FROM APRIL 1, 2023

Dukascopy Bank informs that rates for stakes with rewards in DUK+ and EUR will be changed as of April 1, 2023. The new rewards schedule will look as follows:

Size of the deposit (DUK+) Coin Stake Reward rate paid by the Bank for a 1 year Stake held with the Bank / with the personal blockchain wallet Coin Stake Reward rate paid by the Bank for a 3 month Stake held with the Bank / with the personal blockchain wallet
50 7 / 9 1.4 / 1.8
100 8 / 10 1.6 / 2.0
250 9 / 11 1.8 / 2.2
500 10 / 12 2.0 / 2.4
1000 12 / 14 2.3 / 2.6
2500 13 / 15 2.6 / 2.9
5000 14 / 16 2.9 / 3.1
10000 15 / 17 3.1 / 3.3

New rates for stakes with EUR reward for 1 year and 3 months term are 0.19 EUR and 0.038 EUR per 1 DUK+ respectively.

Stakes allocated before April 1, 2023 will not be affected by the changes.

06.12.2022

STAKES REWARD RATES UPDATE FROM JANUARY 1, 2023

Dukascopy Bank informs that rates for stakes with rewards in DUK+ and EUR will be changed as of January 1, 2023. The new rewards schedule will look as follows:

Size of the deposit (DUK+) Coin Stake Reward rate paid by the Bank for a 1 year Stake held with the Bank / with the personal blockchain wallet Coin Stake Reward rate paid by the Bank for a 3 month Stake held with the Bank / with the personal blockchain wallet
50 7/9 1.4/1.8
100 8/10 1.6/2.0
250 9/11 1.8/2.2
500 10/12 2.0/2.4
1000 12/14 2.3/2.6
2500 14/16 2.6/2.9
5000 15/17 2.9/3.1
10000 16/18 3.1/3.3

New rates for stakes with EUR reward for 1 year and 3 months term are 0.2 EUR and 0.04 EUR per 1 DUK+ respectively.

Stakes allocated before January 1, 2023 will not be affected by the changes.

28.09.2022

SCAM ALERT: FRAUDULENT WEBSITE CLONE

Dukascopy Bank SA informs about its website's fraudulent clone on the domain https://dukascopyd.swisbank.top/dist/#/. Please be aware that this website is not controlled and does not belong to Dukascopy Bank, Dukascopy Europe, Dukascopy Japan or any other entity of Dukascopy Group.

Do not trust any information to be found on the website https://dukascopyd.swisbank.top/dist/#/. Do not provide any personal data on this website.

We are taking action against this fraudulent webpage.

28.09.2022

SCAM ALERT: FRAUDULENT WEBSITE CLONE

Dukascopy Bank SA informs about its website's fraudulent clone on the domain https://sandinvest.io/#about. Please be aware that this website is not controlled and does not belong to Dukascopy Bank, Dukascopy Europe, Dukascopy Japan or any other entity of Dukascopy Group.

Do not trust any information to be found on the website https://sandinvest.io/#about. Do not provide any personal data on this website.

We are taking action against this fraudulent webpage.

22.09.2022

STAKES REWARD RATES UPDATE FROM OCTOBER 1, 2022

Dukascopy Bank informs that rates for stakes with rewards in DUK+ and EUR will be changed as of October 1, 2022. The new DUK+ rewards schedule will look as follows:

Size of the deposit (DUK+) Coin Stake Reward rate paid by the Bank for a 1 year Stake held with the Bank / with the personal blockchain wallet Coin Stake Reward rate paid by the Bank for a 3 month Stake held with the Bank / with the personal blockchain wallet
50 7/9 1.4/1.8
100 8/10 1.6/2
250 9/11 1.8/2.2
500 10/12 2/2.4
1000 12/14 2.3/2.6
2500 14/16 2.6/2.9
5000 16/18 2.9/3.1
10000 18/20 3.1/3.3

New rates for stakes with EUR reward for 1 year and 3 months term are 0.225 EUR and 0.045 EUR per 1 DUK+ respectively.

Stakes allocated before October 1, 2022 will not be affected by the changes.

The Bank also would like to remind that GETCA$H swap program was launched a year ago and already found their regular loyal users. This is the easiest way to instantly get funds for one month or more in exchange for an active DUK+ stake. Please visit the page for more information.

05.09.2022

SCAM ALERT: FRAUDULENT WEBSITE CLONE

Dukascopy Bank SA informs about its website's fraudulent clone on the domain http://www.dukascopy.top/dist/#/. Please be aware that this website is not controlled and does not belong to Dukascopy Bank, Dukascopy Europe, Dukascopy Japan, or any other entity of Dukascopy Group.

Do not trust any information to be found on the website http://www.dukascopy.top/dist/#/. Do not provide any personal data on this website.

We are taking action against this fraudulent webpage.

19.08.2022

SCAM ALERT: FRAUDULENT WEBSITE CLONE

Dukascopy Bank SA informs about its website's fraudulent clone on the domain https://www.app-uplow.vip/dist/#/. Please be aware that this website is not controlled and does not belong to Dukascopy Bank, Dukascopy Europe, Dukascopy Japan or any other entity of Dukascopy Group.

Do not trust any information to be found on the website https://www.app-uplow.vip/dist/#/. Do not provide any personal data on this website.

We are taking actions against this fraudulent webpage.

07.07.2022

The collaboration between Dukascopy Bank and Smart Valor crypto exchange goes live

Dukascopy Bank enables new cooperation with the registered Swiss/Lichtenstein digital assets exchange Smart Valor. The API-driven integration of Dukascopy and Smart Valor infrastructures will offer the shared clients an enriched environment, in which they may instantly trade 176 digital assets pairs using a Swiss bank account supporting 22 global currencies.

The exact modus operandi is identical to the existing Dukascopy - ZBX (Zillion Bits exchange) framework. The user must have an account at Dukascopy Bank and Smart Valor. Both accounts will have to be linked by the user inside the interface of Smart Valor. Once linked, the specially created 'partner' fiat sub-accounts at the Bank can be used for the automated buying and selling of cryptocurrencies at the Exchange. Under this model, Dukascopy is only taking care of the fiat funds flow, while the operations with crypto are fully under the roof of Smart Valor.

Dukascopy Bank has developed rich crypto-fiat functionality over the last several years. There are now four methods available for customers to trade crypto at the Bank. First, a client can acquire crypto (ETH, BTC, USDT) as an investment straight from Dukascopy's account and withdraw it to the blockchain. Second, a client can buy crypto from one of the Bank's crypto exchange partners. Third, a client can purchase crypto from another client of Dukascopy using the P2P crypto-fiat exchange service recently launched by the Bank. Fourth, the Bank offers leveraged trading of crypto pairs on the brokerage account using its professional trading platform.

SMART VALOR is the first European digital asset exchange listed on Nasdaq First North. The company's mission is to provide a trusted gateway to blockchain technology for investors and institutions. On the B2C side, it operates a retail digital asset exchange, custody, and asset management. On the B2B side, the company works with banks and fintech companies offering its technology as a white-label solution. SMART VALOR was one of the first crypto companies to receive financial intermediary status in Switzerland and to be registered as an exchange and custodian under the Blockchain Act of Liechtenstein.

The co-CEO of Dukascopy Bank Dr. Andre Duka states: "Despite the recent swings in the crypto markets, we at Dukascopy Bank continue to witness the growing interest and demand from our international client base to this domain of instruments. Therefore, we ceaselessly work to improve our crypto infrastructure in all possible directions including the formation of new partnerships. We are welcoming the Smart Valor Exchange as a new member of our ecosystem and have no doubt that the clients of both institutions will gain from our collaboration."

Olga Feldmeier, board chair of Smart Valor notes: "Making transactions in digital assets available to bank customers is the core mission of our B2B2C strategy. We are happy to launch this service offering by partnering with a bank that is close to us in terms of innovation mentality and is, just like us, based in one of the most prestigious and well-regulated jurisdictions - Switzerland. Two Swiss financial technology companies joining forces to deliver a better user experience and access to digital assets - this milestone will demonstrate the way forward for many traditional financial institutions which are currently contemplating available entry options."

For more information about the crypto services of Dukascopy Bank, including trading and storage, please check https://www.dukas.io/.

24.05.2022

Dukascopy Bank enables blockchain operations in Tether (USDT) for the MCA clients

Tether (USDT) is joining Ethereum (ETH) as a cryptocurrency that can be deposited/withdrawn by the MCA clients directly from/to their crypto wallets. This is also the first stable coin that the Bank is offering to its clients. 

To start the operations with Tether, the procedure remains the same as for Ethereum. The client needs to link a personal blockchain wallet to the MCA account and confirm the ownership with the signing method described here. Once this step is completed, crypto-assets can be transferred between the MCA account and the linked wallet. The information about fees is available on the website of the Bank dedicated to crypto services: www.dukas.io 

The Bank reminds its clients that if they require a wider scope of cryptocurrencies they can explore the recently launched P2P crypto exchange service. Dukascopy Bank's marketplace for P2P exchange can process any blockchain. Therefore, it provides a secure environment to transact in virtually any token given that there is a counterparty willing to take the opposite side of the trade. 

For any questions regarding the use of Tether, P2P marketplace, or other services, please contact the Dukascopy Bank's Support team. 

23.05.2022

SCAM ALERT: FRAUDULENT WEBSITE CLONE

Dukascopy Bank SA informs about its website's fraudulent clone on the domain www.dukascoin.holds-coins.com. Please be aware that this website is not controlled and does not belong to Dukascopy Bank, Dukascopy Japan or any other entity of Dukascopy Group.

Do not trust any information to be found on the website www.dukascoin.holds-coins.com. This website is a clone of www.dukascoin.com website and its purpose is to induce individuals to reveal seed phrases to their crypto wallets. Do not provide any personal data on this website.

We are taking actions against this fraudulent webpage.

19.05.2022

Upcoming DUK+ stakes rates change

Since July 1st, 2022, Dukascopy Bank will apply the new DUK+ reward rates and the schedule will change to the following:

Minimum deposit size (DUK+) Coin Stake Reward rate paid by the Bank for a 1 year Stake held with the Bank / with the personal blockchain wallet Coin Stake Reward rate paid by the Bank for a 3 month Stake held with the Bank / with the personal blockchain wallet
50 7/9 1.4/1.8
100 8/10 1.6/2
250 9/11 1.8/2.2
500 10/12 2/2.4
1000 12/14 2.3/2.6
2500 14/16.5 2.6/2.9
5000 16.5/19 2.9/3.2
10000 19/21.5 3.2/3.5

The new EUR reward stakes rates are 0.25 and 0.05 EUR per coin for yearly and quarterly stakes, respectively.

All the mentioned changes will come in force on July 1st, 2022. Stakes allocated before July 1st, 2022 will not be affected by the changes thus clients looking to allocate their Dukascoin into more lucrative stakes with better rates are invited to act. Current rates can be consulted via the following links: (DUK+ reward, EUR reward).

15.04.2022

Dukascopy relaunches card program

The Bank is glad to inform its clients about the decision of the Issuer company to continue issuance and support of Visa and Mastercard prepaid cards for residents of the following countries:
Andorra; Austria; Bear Island; Belgium; Bulgaria; Channel Islands; Croatia; Cyprus; Czech Republic; Denmark; Estonia; Faroe Islands; Finland (including Aland Islands); France (including its "DOMTOMs"); Germany; Gibraltar; Greece; Greenland; Hungary; Iceland; Republic of Ireland; Isle of Man; Israel; Italy; Latvia; Liechtenstein; Lithuania; Luxembourg; Malta; Monaco; Netherlands; Norway; Poland; Portugal (including Azores, Madeira); Romania; San Marino; Slovakia; Slovenia; Spain (including Canary Islands, Ceuta, Melilla); Sweden; Switzerland; Turkey; United Kingdom. 

Residents of other countries can continue to use all other services of the Bank and will be timely informed on developments of the Bank's card program.

For all questions regarding cards and other services of the Bank, please contact the Dukascopy Support Team.

23.03.2022

Results of the special audit on compliance with sanctions related to Russian/Ukrainian conflict

The Bank, remaining committed to its openness and transparency policy in conducting business and responding to the challenges posed by the current situation, authorized the Swiss auditing company PKF Certifica SA, Lugano, to conduct a special audit to inspect if the Bank has "Existence of new business relationships opened with individuals and entities subject to personal sanctions related to Russian/Ukrainian conflict".

The report of PKF Certifica, SA states that there are no findings evidencing any breaches of sanctions related to the situation in Ukraine:
"On the basis of the procedures performed and described in Chapter 4 of this report, we can confirm that none of the new business relationships opened by Dukascopy Bank SA, Geneva, or its foreign entities, during the period 24.02.2022 - 21.03.2022, concerned individuals, companies or organizations included in the latest complete version of the list published by SECO on March 15, 2022."

To see the SECO list of sanctioned persons and entities please follow the link:

Mesures en lien avec la situation en Ukraine (admin.ch)

The Bank believes that this report will bring certainty and confidence to our customers and partners in these turbulent times.

The counterparts of the Bank may obtain the full text of the audit report upon request. The Bank has provided the result of the audit to FINMA (Swiss Financial Market Supervisory Authority).

02.03.2022

DUKASCOIN 3RD ANNIVERSARY: NEW FEATURES AND MORE AFFORDABLE!

28th of February, 2022: Dukascopy Bank SA is pleased to congratulate its current and prospective clients with the third anniversary of the Dukascoin project! Three years ago the Dukascopy team released the first payment crypto coin issued for public use by a licensed and regulated Swiss bank. Today we can surely state that the project has succeeded and matured. 

During the past year, Dukascoin holders were offered new features to expand the usability and adoption of our coin. In particular we created a new reward program for loyal Silver Dukascoin holders and a convenient GetCa$h swap program. Also we made our traditional Coin and EUR Reward Staking programs way more affordable than one year ago.

During 2021, small Dukascoin holders were able to allocate free Dukascoin stakes starting with just 50 DUK+! EUR reward stakes became friendlier as well with the entry threshold to staking being affordable at 500 DUK+. Dukascopy had also lowered the entry threshold from 15 000 DUK+ to 10 000 DUK+ allowing clients who previously would not have benefitted from the Fat Catz program to do so. Last year our valuable Fat Catz shared among themselves almost 13 500 EUR in commissions paid for trades performed on the internal Dukascoin marketplace.

We also continued our successful co-operatios with the cryptoexchange ZBX to provide an alternative marketplace for Dukascoin holders who prefer to keep their crypto assets away from the MCA infrastructure. The average price of the Dukascoin stabilized at around 2 EUR per 1 DUK+ during the last six months. This means that the market has found a reasonable balance reflecting the value of the Dukascoin corresponding to the current level of the staking rewards offered by Dukascopy Bank.

We congratulate all our clients and crypto enthusiasts
of the world as we celebrate the next anniversary of the Dukascoin project!

16.12.2021

Dukascopy Bank's fiat settlement for P2P crypto-fiat exchange operations

The Dukascopy Bank has developed a new framework for secure settlement of money for the P2P crypto-fiat exchange operations between clients.

Dukascopy Bank regularly receives requests from its clients to send or receive money related to P2P crypto-fiat exchange transactions in blockchain. The P2P crypto-fiat exchange is usually based on an individual agreement between two blockchain wallet holders. Crypto currency is transferred between the blockchain wallets and the transfer of money is executed by a regulated banking/payment institution. Each transaction must comply with strict regulatory standards to clearly determine its economic nature and comply with AML protocol.

The Bank’s significant experience in supporting P2P crypto-fiat exchange operations enables it to formalize a new framework facilitating such operations safely. This framework ensures that both sellers and buyers can securely transfer crypto funds between their blockchain wallets and exchange the agreed upon fiat amount between their bank accounts.

The Bank preliminary verifies that the buyer has the agreed upon amount and temporarily blocks these funds before depositing the money into the seller’s MCA account. Simultaneously, clients buying crypto can be sure that their money will be transferred to the seller only if that seller executes a transfer for the corresponding amount of cryptocurrency from their blockchain wallet and at the predetermined time.

This new framework is available for our clients in the Dukascopy Connect 911 application through the “911” public channel. All MCA clients may take part in beta testing in a LIVE environment that will last until December 24, 2021. The access to the framework will be temporarily suspended for the period of Christmas and New Year holidays and is expected to be restored from January 10, 2022 in fully operational regime.

The Bitcoin and Ether are two crypto currencies supported during the P2P framework launch. Other crypto instruments including NFT-tokens will expand the instruments list soon. A detailed description of the framework is available on its dedicated landing page https://www.911p2p.io/.

The Bank strongly believes that clients using this new framework will benefit from a new safe environment for P2P crypto-fiat exchange operations. Other services of the Bank related to crypto currencies can be found on the corresponding landing page: https://www.dukas.io.

10.12.2021

Upcoming DUK+ stakes rates and trading conditions changes

Since January 1st, 2022, Dukascopy Bank will apply the following DUK+ trading conditions improvements:

  • The Low liquidity fee changes from 0.20 EUR to 0.15 EUR per coin sold;
  • The Low liquidity fee application level decreases from 2.50 to 2.25 EUR per DUK+.

The new coin reward rates schedule will change to the following:

Minimum deposit size (DUK+) Coin Stake Reward rate paid by the Bank for a 1 year Stake held with the Bank / with the personal blockchain wallet Coin Stake Reward rate paid by the Bank for a 3 month Stake held with the Bank / with the personal blockchain wallet
50 7 / 9.5 1.4 / 1.9
100 8 / 10.5 1.6 / 2.1
250 9 / 11.5 1.8 / 2.3
500 10 / 12.5 2 / 2.5
1'000 12.5 / 15 2.5 / 3
2'500 15 / 17.5 2.7 / 3.2
5'000 17.5 / 20 2.9 / 3.4
10'000 22.5 / 25 3.8 / 4.2

The new EUR reward stakes rates are 0.30 and 0.06 EUR per coin for yearly and quarterly stakes, respectively. 

All the mentioned changes will come in force on January 1st, 2022. Stakes allocated before January 1st, 2022 will not be affected by the changes thus clients looking to allocate their Dukascoin into more lucrative stakes with better rates are invited to act. Current rates can be consulted via the following links: (DUK+ reward, EUR reward).

The Bank has noticed a growing popularity for the recently launched GETCA$H swap program. Clients who already started using the program have assessed its benefits and are continuously using it to cash out their stakes without the need to cancel the stake, lose the reward, and sell the coins. For more details, please visit the web page dedicated to this program.

05.10.2021

GETCA$H swap program launch

To improve the liquidity of DUK+ stakes collected by clients, the Bank launches GETCA$H swap program. This program allows holders of DUK+ stakes to get fast access to fiat money by means of the swap – a special exchange contract of Dukascoin for EUR with further buyback at a fixed price. The standard contract duration is one month. Clients may apply for prolongation of the initial swap by paying a fee. The cost of use of the received cash is based on a 7.5% annual rate. The swapped stake continues to be active but its duration is correspondingly prolonged for the term of the swap. For more details, please visit the web page dedicated to this program.

The service is available now in the web MCA application and will be also soon released in the mobile applications.

31.08.2021

Upcoming Dukascoin stakes rates update

Dukascopy Bank announces the next round of Dukascoin stakes rates reduction that becomes effective on October 1, 2021. The main tendencies are the following:

  • The rates are lowered across almost all Dukascoin reward stakes amounts except for the smallest ones placed in the Bank;
  • The EUR reward stakes are getting a unique rate for each term irrespective of the stake’s storage type. The new rates are 0.35 EUR and 0.07 EUR per coin for yearly and quarterly stakes respectively.

The new coin reward schedule is the following:

Size of the deposit (DUK+) Coin Stake Reward rate paid by the Bank for a 1 year Stake held with the Bank / with the personal blockchain wallet Coin Stake Reward rate paid by the Bank for a 3 month Stake held with the Bank / with the personal blockchain wallet
50 7 / 9.5 1.4 / 1.9
100 8 / 10.5 1.6 / 2.1
250 9 / 11.5 1.8 / 2.3
500 10 / 15 2 / 3
1000 12.5 / 17.5 2.5 / 3.5
2500 15 / 20 2.7 / 3.6
5000 20 / 25 3.3 / 4.2
10000 30 / 35 5 / 5.8

Stakes allocated before October 1, 2021 will not be affected by the changes.

16.08.2021

REFERRAL PROGRAM CONDITIONS IMPROVEMENT

Dukascopy Bank is glad to inform existing and future introducers that the bank waives the 2.5 DUK+ commission charged for every new referral over the first five. Starting from August 16, introducers will earn the 5 DUK+ bonus for every new referral. This means that active introducers' remuneration will double!
26.07.2021

Silver Dukascoin new payment option

Dukascopy Bank SA is pleased to announce the additional payment method for Silver Dukascoin Set buyers. Starting today the clients whose MCA balance of DUK+ is equal or higher than the size of the desirable Gratification bonus will be able to cover the Gratification bonus implied to Silver Dukascoin by DUK+ already available on the MCA.

For example, if the “Covered by DUK+” option is selected in the “Cost of Dukascoins implied” part of the Silver Dukascoin order form during Silver Dukascoin Set purchase, the price of the Set will consist of two parts:

  • 50 DUK+ and 150 EUR for the SKY series;
  • 250 DUK+ and 400 EUR for the SPACE series.

If the “Covered by EUR” option is selected, the price of the Silver Dukascoin Set will be expressed in EUR only and at the moment of this news publication would be 257 EUR and 935 EUR for the SKY and the SPACE series Silver Dukascoin Set respectively.

23.07.2021

Silver Dukascoin Loyalty reward introduction

Dukascopy Bank SA is pleased to announce the Silver Dukascoin Loyalty reward program! The aim of this introduction is to add new features to the stylish and exclusive souvenir and make it even more lucrative by bringing its owner additional bonuses year after year.

The size of the Loyalty reward is 5% of the Gratification bonus implied. For the SKY and SPACE series the reward will be 2.5 DUK+ and 12.5 DUK+ per year per one Silver Dukascoin held. After the reward is credited, the membership will be prolonged automatically for the next year until the coin’s owner is either changed or returns the coin to the Bank.

New buyers of the Silver Dukascoin Set will become members of the loyalty reward program by default. Existing clients willing to join the Loyalty Reward program are invited to send a request to crypto@dukascopy.bank and indicate the serial number of their Silver Dukascoin and their MCA account number.

20.07.2021

Further trading conditions improvement on the Dukascoin Marketplace

Dukascopy Bank continues improving DUK+ trading conditions and announces the following set of changes for its DUK+ related key features:

  • The first Dukascoin transaction fee lowers from 12.5 EUR to 11 EUR;
  • The low liquidity fee changes from 0.4 EUR to 0.2 EUR;
  • The minimum trade size shrinks from 15 EUR to 12.5 EUR;
  • The low liquidity fee application level reduces from 3.00 to 2.50 EUR per DUK+.

The changes come into force the moment the Fees & Limits website page is updated.

15.07.2021

Trading conditions improvement on the Dukascoin Marketplace

Dukascopy Bank SA is happy to announce that starting today we improve trading conditions on the Dukascoin Marketplace:

  • Low liquidity fee threshold lowers from 3.50 to 3.00 DUK+/EUR meaning that Dukascoin holders may sell coins in this price range without being charged the Low liquidity fee;
  • The size of the Low liquidity fee also shrinks by 0.5 EUR from 0.9 EUR to 0.4 EUR per coin sold. This will help Dukascopy Bank clients to accumulate Dukascoins at better price. For those who would like to sell Dukascoin, it also means better results with lower fees and commission;
  • Minimum deal amount on the Marketplace also lowers from 17.25 EUR to 15 EUR to meet trading conditions changes described above.

The changes come in force from the moment the Fees & Limits website page is updated.

23.06.2021

REMINDER: COIN REWARD RATES UPDATE FROM JULY 1, 2021

Following its policy of the gradual cooling off the coin reward rates, Dukascopy Bank would like to inform that starting from July 1, 2021 reduced but more flexible coin reward rate schedule will be introduced. Current more aggressive staking reward rates will be in force till the end of June, 2021 thus clients willing to allocate their Dukascoins stock with more lucrative rates are invited to act. Stakes allocated before the July 1, 2021 will not be affected by the change.

New coin reward schedule will become the following:

Size of the deposit (DUK+) Coin Stake Reward rate paid by the Bank for a 1 year Stake held with the Bank / with the personal blockchain wallet Coin Stake Reward rate paid by the Bank for a 3 month Stake held with the Bank / with the personal blockchain wallet
50 5 / 15 1 / 3
100 7.5 / 17.5 1.5 / 3.5
250 10 / 20 2 / 4
500 12.5 / 22.5 2.5 / 4.5
1 000 15 / 25 3 / 5
2 500 20 / 30 3.5 / 5.5
5 000 30 / 40 5 / 7
10 000 40 / 50 6.5 / 8.5

EUR Reward rate will remain the same and equal to the 0.45 (0.50 for the Dukascoins in the blockchain) EUR for every Dukascoin allocated by the staking deposit for 1 year and 0.09 (0.10) EUR for every Dukascoin allocated by the staking deposit for 3 month term. We would like to remind that the minimum staking deposit size required according this program is only 500 Dukascoins.

01.06.2021

Coin reward rates update from July 1, 2021

Following its policy of the gradual cooling off the coin reward rates, Dukascopy Bank would like to inform that starting from July 1, 2021 reduced but more flexible coin reward rate schedule will be introduced. Current more aggressive staking reward rates will be in force till the end of June, 2021 thus clients willing to allocate their Dukascoins stock with more lucrative rates are invited to act. Stakes allocated before the July 1, 2021 will not be affected by the change.

New coin reward schedule will become the following:

Size of the deposit (DUK+) Coin Stake Reward rate paid by the Bank for a 1 year Stake held with the Bank / with the personal blockchain wallet Coin Stake Reward rate paid by the Bank for a 3 month Stake held with the Bank / with the personal blockchain wallet
50 5 / 15 1 / 3
100 7.5 / 17.5 1.5 / 3.5
250 10 / 20 2 / 4
500 12.5 / 22.5 2.5 / 4.5
1 000 15 / 25 3 / 5
2 500 20 / 30 3.5 / 5.5
5 000 30 / 40 5 / 7
10 000 40 / 50 6.5 / 8.5

EUR Reward rate will remain the same and equal to the 0.45 (0.50 for the Dukascoins in the blockchain) EUR for every Dukascoin allocated by the staking deposit for 1 year and 0.09 (0.10) EUR for every Dukascoin allocated by the staking deposit for 3 month term. We would like to remind that the minimum staking deposit size required according this program is only 500 Dukascoins.

14.05.2021

Swissqoin - the follower of Dukascoin

We would like to congratulate our colleagues from Postfinance and Swissquote for launching a new Swiss neobank Yuh and wish them great success in their new endeavour. Dukascopy Bank is delighted to welcome a new cryptocurrency Swissqoin that will certainly enrich the Swiss crypto industry and assist in making blockchain-based financial technology be widely accepted in Switzerland. Dukascopy Bank has started its digital bank and cryptocurrency two years ago and therefore is happy to greet new serious players in the market.

Unfortunately, we have noticed that some public media channels are referring to Swissqoin as the first cryptocurrency issued by a Swiss bank. It is especially sad that such misleading information was published on the website of Postfinance. We would like to emphasize that cryptocurrency Dukascoin has been launched by Dukascopy Bank in February 2019 and was successfully developing ever since. There are hundreds of thousands of on-chain and off-chain Dukascoin holders and transactions. Dukascopy Bank is welcoming competition and innovation but invites the media and the industry to reflect and respect objectivity.

Besides, it is particularly heartwarming and encouraging for Dukascopy Bank that Swissqoin bears many features and principles that lie at the heart of Dukascoin cryptocurrency. We commend the acceptance of our model and anticipate that more and more banks will realize its benefits and implement similar crypto solutions in their ecosystems.

15.04.2021

EUR Reward Staking program threshold is lowered to 500 DUK+

Dukascopy Bank SA is pleased to inform that Staking programs with a reward in EUR have become even more affordable with the new lowered threshold of only 500 DUK+. The current reward rates remain intact at 0.1 EUR and 0.5 EUR per Dukascoin for 3-months and 1-year stakes respectively if the stakes are allocated in Blockchain and 0.09 EUR and 0.45 EUR per Dukascoin respectively for stakes allocated within the Bank’s infrastructure (MCA accounts). The difference in reward rates between the options of coins allocation in the Bank or in Blockchain is aimed to cover storage-related expenses of the Bank.

30.03.2021

The Fat Catz qualification threshold adjustment

Dukascopy Bank announces that the qualification threshold for entering into prestigious Fat Catz reward program will be lowered from 15 000 DUK+ to 10 000 DUK+ on April 1 2021. The adjustment aims to counterbalance the DUK+ price surge that occurred at the beginning of the 2021 and thus to ease the program joining for new clients.

For more details, please check the program’s web-page.

25.03.2021

Staking programs related changes

Dukascopy Bank is applying changes for its staking reward programs to make their conditions more relevant to the coin’s price and the current stage of the project. Please see below.

Staking programs with a reward in EUR have become more affordable with a significantly lower threshold, as the Bank is decreasing the amount of coins required to participate in the EUR reward staking program from 20 000 DUK+ to only 5 000 DUK+. The current reward rates remain intact at 0.1 EUR and 0.5 EUR per Dukascoin reward rate level for 3-months and 1-year stakes respectively if the stakes are allocated in Blockchain. For the stakes placed in the Bank, the new quarterly reward rate is 0.09 EUR per Dukascoin and the yearly rate is 0.45 EUR per Dukascoin. The difference of reward rates between the options of coins allocation in the Bank or in Blockchain is to cover storage-related expenses of the Bank.

There is also a positive change for participants of the staking program with a reward in DUK+: previously, the total amount of coins allocated into the reward could not surpass 25 000 DUK+ on any given Multi-currency account. This limit has been raised to 50 000DUK+.

The changes will come in force as of the moment of the news publication.

17.03.2021

ATTENTION! COIN REWARD RATES ARE CHANGING!

Dukascopy Bank would like to remind its current and potential participants of the Dukascoin reward programs, that starting from 1st of April, 2021 rates for the new coin reward stakes will be lowered and the stakes size structure will be changed. The new income schedule remains stake size dependent and is represented as follows:

Size of the stake (DUK+) Reward for 1 year stake
Regular / Blockchain
Reward for 3 month stake
Regular / Blockchain
50 5/15 1/3
200 10/20 2/4
500 15/25 3/5
1000 20/30 3.5/5.5
2500 30/40 5/7
5000 40/50 6.5/8.5
10000 50/60 8/10

The Bank guarantees that this change will not affect stakes allocated before 1st of April, 2021.

Please be informed that current market conditions allow to acquire significant stakes at the best ASK price as there are more than 18500 Dukascoins available at 3.51 EUR per coin. It is high-time to take advantage of the available liquidity and join the coin reward program before the change is implemented!

05.03.2021

Referrer’s remuneration logic change

Currently, any referrer receives 5 Dukascoins as a bonus for every invited friend who opens an MCA account. Dukascopy Bank is implementing changes to the referrer’s coin distribution. In particular, the referrer will get their 5 coins for introducing a client once the referred client opens an MCA account and meets the 100 USD of incoming deposit turnover limit requirement within 90 days of opening an account. If the 90 days rule is not met, the referrer loses the right to get the 5 Dukascoins.

This measure has been put in place to prevent abuse on accounts which are referred and opened with no actual intent for use. The changes will be implemented during the coming weekend.

02.03.2021

Dukascoin 2nd anniversary: same benefits - more freedom!

28th of February, 2021: Dukascopy Bank SA is happy to celebrate the second anniversary of the Dukascoin project - the first payment crypto coin issued for public use by a licensed and regulated Swiss bank. We are very proud of the progress achieved during this second year of its journey. Today it’s time to look back and observe the way the project evolved during this period.

First of all, we gave Dukascoin holders more freedom to manage their crypto assets. They can now move their Dukascoins to their Ethereum blockchain wallets and still participate in the reward staking programs. Moreover, we offer substantial premiums for reward staking allocated in blockchain. In other good news: we made coin reward staking programs affordable for every client – clients only need 50 DUK+ to be saved to join the coin reward staking program! For those who are looking for more flexibility in managing their cryptoassets, we have introduced a 3-month term for both coin and EUR reward stakes. More details about the current conditions of the coin reward staking program.

The year has also been lucrative for those who confirmed their loyalty to the project by being a member of the exclusive Fat Catz club: more than 16 000 EUR worth of commission paid on the Dukascoin marketplace was distributed amongst club members. 

Last year demonstrated a sustainable growth of interest for the new crypto asset: the Dukascoin reached an all-time high a couple of months ago at 7 EUR per Dukascoin. The average yearly price of the Dukascoin on the internal marketplace reached 4.2 EUR per Dukascoin and currently shows stability and resilience compared to the overall crypto market volatility which has been quoting at 3.5 for a long time.

The local marketplace is not the only place where clients can exchange their Dukascoins. During the past year, Dukascopy Bank established a strategic partnership with the regulated European cryptoexchange ZBX. Now, clients of both entities can keep their fiat secure with a reliable Swiss bank and also make transactions on a regulated exchange with several of the most popular cryptocurrencies including the Dukascoin. Another Asian cryptoexchange – Bitsonic – is close to an agreement and Dukascopy Bank is going to achieve even more recognition not only in Europe but in the Asia-Pacific region.

Finally, an achievement related to niche Dukascoin products: the Silver Dukascoin and the Level 2 referral program called Big Fish. 16 clients already bought Silver Dukascoins of both the SPACE and the SKY series. The first Silver Dukascoin Set has crossed the Atlantic Ocean and has been delivered to a client in Brazil! Half a dozen  clients have caught the Big Fish and have received additional rewards for their referrals who have allocated Dukascoin stakes into reward programs. 

We congratulate all our clients and crypto enthusiasts
of the world as we celebrate the anniversary of the Dukascoin project!

25.02.2021

Low liquidity fee and Minimum trade size change

Dukascopy Bank changes the Low liquidity fee amount from 0.5 EUR to 0.9 EUR per Dukascoin sold at 3.50 EUR or less. It will be applied to every DUK+ sell trade with no exception for a first Dukascoin sell transaction. Due to that, the minimum trade size on the Dukascoin marketplace is increased from 12.75 EUR to 17.25 EUR.

The changes come in force from the moment the Fees & Limits website page is updated.

23.02.2021

Coming coin reward stake sizes and rates change

Dukascopy Bank would like to inform the current and potential participants of the Dukascoin reward programs that starting from 1st of April, 2021 reward rates for the new coin reward stakes will be lowered and the stakes size structure will be changed. The updated income schedule remains stake size dependent and is represented as follows:

Size of the stake (DUK+) Reward for 1 year stake
Regular / Blockchain 
Reward for 3 month stake
Regular / Blockchain
50 5/15 1/3
200 10/20 2/4
500 15/25 3/5
1000 20/30 3.5/5.5
2500 30/40 5/7
5000 40/50 6.5/8.5
10000 50/60 8/10

The Regular reward scheme implies staking and custody on the Multi-currency account of the Bank, while the Blockchain scheme means external staking opportunity at higher rates (link).

This update does not concern EUR Reward rates that remain unchanged (link).

The Bank guarantees that this change will not affect stakes allocated before 1st of April, 2021. For those who are considering joining the coin reward program with current more lucrative rates, there is more than one month left to decide!

18.01.2021

Incoming turnover limit for DUK+ operations

A welcome bonus of 5 DUK+ is issued for every client who opens an MCA account. In order to be able to sell or to transfer those 5 DUK+, clients need to reach an incoming turnover of 100 USD. Any deposit or incoming transfer to a client's account is considered incoming turnover.

This new measure has been put in place to prevent abuse on accounts which are opened with no intent for actual use.

13.01.2021

Low liquidity fee update

Dukascopy Bank changes the Low liquidity fee amount from 0.2 EUR to 0.5 EUR per Dukascoin sold at 3.50 EUR or less.

The change will be applied on January 13th, 2021 and it will come in force from the moment the Fees & Limits website page is updated.

11.01.2021

New lots in Coin Reward Staking program

Following the substantial DUK+ price increase at the beginning of 2021, Dukascopy Bank introduces two new staking lots in the lower end for the convenience of users. Starting from January 11, 2021, holders of Dukascoins will obtain an additional option of 50 and 200 DUK+ lots for 1 year and 3 months staking periods with the following rewards schemes:

Size of the stake (DUK+) Reward for 1 year stake Regular / Blockchain Reward for 3 month stake Regular / Blockchain
50 5 / 15 1/ 3
200 10 / 20 2 / 4

A staking lot of 100 DUK+ will be discontinued while other lots remain unchanged (link).

Regular reward scheme implies staking and custody inside the MCA account of the Bank, while Blockchain scheme means external staking opportunity (link).

EUR Reward rates stay unchanged. Details may be found here.

06.01.2021

FIRST TRANSACTION FEE CHANGE

Please be informed that starting from today the First Dukascoin transaction fee is raised from 4.75 to 12.50 EUR. The changes are already reflected in the Fees & Limits page. Kindly check.

05.01.2021

Low liquidity fee threshold update

In order to reduce the high volatility seen in recent days, Dukascopy Bank corrects the Low liquidity fee threshold from 2.50 EUR to 3.50 EUR per coin. The fee amount remains unchanged at 0.2 EUR per Dukascoin sold.

The new liquidity fee threshold will enter into force immediately after the news announcement.

03.01.2021

The Dukascoin heads to 4.50 EUR per coin

The Dukascoin sets two new records by passing 3.50 and 4.00 EUR per coin price levels and confidently heads to its new milestone of 4.50 EUR per coin. On Sunday, January 3rd, 2021 it trades at 4.39/4.49. The coin gained 159.8% since December 1, 2020 thus outperforming BTC/USD price that rose by 74.1%.

Taking into account the recent DUK+ exchange rate appreciation, the Bank announces that the Low liquidity fee will be changed on January 4th from 1.75 to 2.50.

01.01.2021

The Dukascoin tests at 3.00 EUR per coin

Two days have passed since the Dukascoin established a foothold at 2.50 EUR per coin. On the first day of 2021 it is being traded at 3.01/3.23.

Dukascopy Bank is happy for every client and referrer who each receive a 5 coin reward for opening an MCA account because the value of this welcome bonus has tripled since the Dukascoin project was launched and is now equal to about 15 EUR.

The Bank wishes a Happy New Year to all the adherents of the Dukascoin!

30.12.2020

The Dukascoin hits 2.50 EUR per coin

Just two weeks ago, the Dukascoin reached its all-time high price of 2.00 EUR per coin. Today, Dukascopy Bank congratulates its clients and partners with a new achievement just before New Year’s Eve. At the moment, the coin trades at 2.52/2.60. This dynamic brings confidence that the coin has much potential for further price growth.

The Bank is happy for those early adherents who believed in the Dukascoin’s future and invested into it in the very first months. For example, those who had acquired their coins at their lowest price of 0.6 EUR per coin in September 2019 have already quadrupled their investments in 16 months. Taking into account the participation in the DUK+ staking programs and thus being rewarded with up to 100% of the placed coins, their return on invested funds is about double the quadrupled amount.

Even though the actual rewards for taking part in staking programs were lowered since then, it is still possible to receive up to 70% of the return for a 1-year stake, which is extremely attractive and thus drives the price upwards.

16.12.2020

Dukascoin hits new all-time high

Dukascoin’s BID price reached 2.00 DUK+/EUR level for the first time in its history at 14:29 GMT on December 16, 2020 and the coin steadily trades at 2.00/2.19.

The Bank congratulates its clients and partners with constantly increasing confidence in the Dukascoin – the first crypto currency issued by a Swiss bank.

The Dukascoin project was launched on February 28, 2019 and will soon celebrate its second year anniversary. The lowest BID price of 0.6 DUK+/EUR was recorded on September 25, 2019, since then the price has reached this crucial psychological level amidst constantly growing demand that defines its uptrend.

16.12.2020

Crypto withdrawal fee update & Exceptional offer for DUK+ reward stakes holders

Starting from today the fee applicable to withdrawals in Bitcoin and Ether has been updated to 30 USD, while the fee for the investment delivery to the blockchain is now [30 CHF + 1% x investment value]. Dukascoin withdrawals to blockchain remain free-of-charge.

Following the recent launch of the offering to store DUK+ staking programs on clients’ external wallets, Dukascopy is further expanding this possibility by applying it to DUK+ stakes with EUR reward. Identically to stakes with coin rewards, for EUR reward stakes stored on the external blockchain wallet of the client Dukascopy will pay an extra reward as high as 10% of the stake amount for a 1-year staking program and 8% of the stake amount for a 3-month staking program. See the dedicated webpage for more details.

An exceptional offer to get 100 DUK+ as a one-time reward for every transferred Coin reward and EUR reward stake to an external blockchain wallet is offered to clients only in 2020. Due to the manual processing of such requests and the upcoming Christmas period, clients should be informed that such transfers can only be executed during working days in Geneva and at the latest on the 24 December 2020. Exceptions may be made if agreed in advance.

Starting from 2021, clients will be able to select between all the possible reward types, stake terms, and storage options directly in the MCA interface.

26.11.2020

Coin reward deposits conditions and low liquidity fee threshold update.

With regards to coin staking reward program conditions, the Bank implements a previously announced update.  Starting from 1st of January, 2021 Dukascopy Bank will reduce the minimum deposit size to only 100 DUK+ to facilitate its clients an access to the Dukascoin reward program. 

In addition, starting from January 2021 the Bank will offer the possibility to stake Dukascoins on external ERC20 compatible wallets and will pay an extra 10% annual reward for 1-year stakes (or 2% quarterly reward for 3-month stakes) for deposits held on external blockchain wallets of the client.

Thus, the new coin reward schedule starting form 1st of January 2021 will be as follows:

Size of the deposit (DUK+) Reward for 1-year term (%)
with the Bank / on personal blockchain wallet
Reward for 3-month term (%)
with the Bank / on personal blockchain wallet
100 10 / 20 2 / 4
1 000 20 / 30 3.5 / 5.5
2 000 30 / 40 5 / 7
3 000 40 / 50 6.5 / 8.5
6 000 50 / 60 8 / 10
10 000 60 / 70 9.5 / 11.5


EUR Reward rate will remain the same and equal to the 0.50 EUR for every Dukascoin allocated by the staking deposit for 1 year and 0.10 EUR for every Dukascoin allocated by the staking deposit for 3-month term. The minimum staking deposit size required according to this program remains unchanged: 20 000 Dukascoins.

At the same time, Dukascopy Bank changes the threshold of Low liquidity fee application from 1.50 EUR to 1.75 EUR. The fee amount remains unchanged at 0.2 EUR per Dukascoin sold. The new liquidity fee threshold will enter into force starting from January 1st, 2021.

Special offer for clients with already placed coin reward stakes equal or exceeding 5000 DUK+:
Dukascopy Bank offers an additional possibility to earn an extra 10% annual reward for 1-year stakes (or 2% quarterly reward for 3-month stakes) on already placed coin reward stakes. The extra reward will be applied to residual term of the deposit. In addition, a client will get 100 DUK+ as one-time reward for each transferred stake, if it is transferred from the Bank to the external blockchain wallet till 31.12.2020. To get these additional rewards the client will need to transfer his Dukascoins deposited with the Bank to an external ERC20 compatible blockchain wallet belonging to him.

12.11.2020

Dukascopy Bank meets 'Travel Rule' requirements for virtual assets

We are delighted to announce that Dukascopy Bank has signed a partnership with Taiwan-based blockchain security firm CoolBitX Ltd. to participate in the development and implementation of Sygna Bridge. A simple and secure portal for compliant data sharing, Sygna Bridge allows “Virtual Asset Service Providers” (VASPs) to comply with the Financial Action Task Force (FATF) “travel rule”.

This rule requires that "Virtual Asset Service Providers" ("VASPs") initiators involved in a VA transfer obtain and hold the required information about the originator and beneficiary (e.g., name, account number, etc.) and submit this information to the beneficiary VASPs "securely" and "immediately". The purpose of the rule is to trace the flow and identify the originator and the beneficiary in the event of possible cases of money laundering or terrorist financing ("ML/FT") in the context of a VA transfer. The rule also provides that the sharing of information on the originator and beneficiary must not be directly attached to the transfer itself.

The development of financial activities involving VA and VASP are now the subject of increased attention from regulators, and Dukascopy Bank makes decisive efforts to comply with this obligation in view of the expansion of our crypto projects. 

CoolBitX's Sygna Bridge is a member of the Joint Working Group (JWG), an international blockchain industry coalition that develops and promotes the unifying VA messaging standards – InterVASP Messaging Standards (IVMS101) for the purpose of Travel Rule compliance. IVMS 101 is the first successful crypto industry-wide effort to unify Travel Rule compliance services and make them cross-compatible. In addition, Sygna Bridge recognizes how critical messaging interoperability is to successfully combat money laundering. As a result, Sygna Bridge is diligently working toward compatibility among technical solutions and is dedicated to collaboration between industry players. As of today, the Sygna Alliance comprises more than 20 VASPs from around the globe. 

The Sygna Bridge’s solution provides a communication mechanism for the participants to share the required information between the originator and the beneficiary in a secure and immediate manner based on an Application Program Interface ("API"). Information about the originator and beneficiary is entered by the sender into the transaction user interface and the Sygna Bridge platform encrypts and transmits the information to the beneficiary VASP. This function allows the originator and beneficiary VASPs to exchange the information required during a VA transfer simultaneously with the VA transfer itself. In addition, the Sygna Bridge uses cryptographic protocols such as the Elliptic Curve Integrated Encryption System ("ECIES") and the Elliptic Curve Digital Signature Algorithm ("ECDSA") to ensure the security and protection of shared information. 

We believe that the Bank's participation in this project will help meet current and future legal and regulatory requirements while providing the necessary impetus for the successful development of services involving virtual assets. In addition, the Bank has not ceased to maintain a constant assessment and vigilance over other projects and potential solutions implemented by other players in order to optimize and select the best solution to its interests.

27.10.2020

Dukascopy Bank partners with South Korean crypto exchange Bitsonic

Dukascopy Bank has signed a new partner for its Open Banking ecosystem. This is already the third crypto exchange partnership after SCX  and ZBX within the same framework of the relationship. The partnership principle is based on the simple concept – every private person may open a standard MCA account at Dukascopy Bank and separately an account at the Exchange. Further, the client links both accounts together so that the MCA account becomes the safe custody of fiat funds for the operations with crypto at the partner Exchange. The Bank processes the fiat part of transactions between the client and the Exchange, while the Exchange is in charge of crypto part of transactions. Thanks to API integration between the parties, crypto-fiat parts of transactions are instant and aligned. The Bank and the Exchange independently apply the strictest AML/KYC control for the shared client and client’s transactions.

The partnership with the Bank will permit Bitsonic Exchange (South Korea) to add a broad range of high-quality banking services for its clients in South Korea and elsewhere. Simultaneously, the clients of Dukascopy Bank will get the opportunity to buy and sell tens of cryptocurrencies using the advanced platform of Bitsonic while keeping their fiat funds under the secure custody of the Multi-Currency Account (MCA) at the Bank.    

Bitsonic is one of the largest crypto exchanges in South Korea operated by Skoopmedia Inc. Skoopmedia is anIT Company registered in the Republic of Korea.

Skoopmedia has provided Development and Service Integration services to Multi-National Companies (MNC) such as Samsung SDS, Hyundai Department, Naver,SM entertainment etc since 2011. Skoopmedia started running a cryptocurrency exchange, Bitsonic, from 2018 and they made a great start since the first year of the operation. Bitsonic was named top 3 cryptocurrency exchange in South Korea with 25 million USD daily trading volumes and highest number of trading pairs on their markets by providing trading bridges through Binance and Cointiger. Skoopmedia has partnered with crypto compliance solution providers such as Dow Jones, Elliptic, CoolBitX to ensure that their crypto trading services are in line with coming crypto regulation in South Korea.

The parties also agreed to list Dukascoin – the first cryptocurrency issued by a Swiss Bank – on the platform of Bitsonic. This step should bring additional interest and liquidity to the Bank’s own cryptocurrency from the rapidly developing Asian markets. 

Dr. Andre Duka, CEO-CTO of Dukascopy Bank states: "We are glad to see that our cutting-edge Open Banking ecosystem is growing as new recognized international players are joining forces with us to develop the novel model of cross-industry cooperation. We trust in the bright future of crypto but the one that is regulated and transparent. In contrast to the belligerent appeals from both camps, we are consistently holding to our belief that traditional financial industry and crypto industry can and should naturally complement one another. We are ready to cooperate with the established businesses that share our views. Of course, respecting all the regulatory requirements."

02.10.2020

New coin reward rates and future prospects

Dukascopy Bank is announcing that the staking coin reward rate reduction previously broadcasted is in force starting from October 1st, 2020. Current rates will be kept until the end of 2020, click on the link to review them. Depending on the size of the staking deposit, the current reward rate gradually grows from a minimum value of 20% to a maximum value of 70%.

The preliminary date for the next 10% coin reward rate reduction for large size one-year staking deposits is 01.01.2021. Three-month deposits reward rates will be adjusted proportionally.

The Bank does not plan to change the current reward rates for one year and three-month EUR reward staking deposits (0.50 EUR and 0.10 EUR respectively for every Dukascoin allocated).

The Staking reward program provides extremely attractive remuneration and the Bank invites clients to benefit from it.

11.09.2020

ATTENTION! COIN REWARD RATES CHANGE IS COMING!

Dukascopy Bank would like to inform current and potential participants of the Dukascoin reward programs that starting from 1st of October, 2020 reward rates schedule for the new coin reward staking deposits will be changed. The new income schedule remains deposit size dependent and be represented as follow:

  • 1 000 deposited Dukascoins - 20% coin reward for 1 year deposit and 3.5% for a 3 month deposit;
  • 2 000 - 30% and 5% respectively;
  • 3 000 - 40% and 6.5% respectively;
  • 4 000 - 50% and 8% respectively;
  • 6 000 - 60% and 9.5% respectively;
  • 10 000 - 70% and 11% respectively.

Bank guarantees that following change will not affect deposits allocated before 1st of October, 2020. For those who are considering joining the coin reward program with current more lucrative rates there are 2 weeks left to decide!

26.08.2020

Interim financial statement H1 2020

The Bank has published its interim financial statement H1 2020. The figures demonstrate extraordinary and continuous growth in trading revenues and net profit. In Q2, the Bank recorded the strongest results ever. In composition with the outstanding results from Q1, the Bank recorded the best financial results for H1 in the history of its existence.

The Bank's net profit for the first six months of 2020 was CHF 12.5 million, which is 17 times higher compared to the net profit for the same period of last year. Revenues from trading activities in first six months increased by 82 percent compared to the same period of last year. This growth is a result of increased client trading activity in response to strong volatility on financial markets.

The interim balance sheet and income statement of Dukascopy Bank and Dukascopy Group are available via this link.

27.05.2020

Dukascopy Bank introduces 3-months staking deposits in Dukascoin

After more than one year into the Dukascoin staking program, Dukascopy Bank is appraising the results as a very good start. 325 staking deposits for the total value of 855,120 Dukascoins (0.72 deposits per day since the launch of the project) demonstrate that the first cryptocurrency by a Swiss bank has received careful attention from the clients. Moreover, many users have already renewed their stakings for the second year.

However, the project does not stand still. The Bank has prepared a number of great surprises for this year. The first of them is to be announced right now! Starting from June 1, the staking program will be extended to add 3-month staking deposits. New terms will work for both types of rewards – coin and fiat. The Bank believes that the shorter-term staking proposal will be particularly attractive for traders willing to have their free capital work while preserving the comfortable level of liquidity.

The Bank will pay as much as EUR 0.10 per coin as a reward for fiat staking deposits, which yields 7.3% return per quarter at the current DUK+ price of EUR 1.37. Coin reward for the coming quarter for a 3-month staking deposit of 10,000 DUK+ will be as high as 12.5%, or 1,250 DUK+.

Besides, new term deposits will also qualify for Big Fish - Referral Program Level 2.

More information can be found on www.dukascoin.com under the sections dedicated to Reward Deposits or by contacting our support via support@dukascopy.bank e-mail or Support Chat.

14.05.2020

Low liquidity fee update

Dukascopy Bank changes the threshold of Low liquidity fee application from 1.25 EUR to 1.50 EUR. The fee amount remains unchanged at 0.2 EUR per Dukascoin sold.

The change will be applied on June 1st, 2020 and it will come in force from the moment the Fees & Limits website page is updated.

12.05.2020

Dukascopy Bank is increasing its eligible capital by 26%

Dukascopy Bank increases its eligible capital by CHF 9.48 million (up to CHF 46.09 million) with a profit for the first three months of 2020 (after review of interim financial statement as of 31 March 2020 performed by KPMG SA). The condensed interim balance sheet and condensed income statement is available via this link.

Dukascopy Bank continues to demonstrate effectiveness, reliability and high performance in the conditions of turbulence on financial markets and the COVID-19 pandemic. April's profit continues this growth trend, ending the month with 969 000 CHF.

07.05.2020

ATTENTION! COIN REWARD RATES REDUCTION IS COMING!

Dukascopy Bank would like to remind current and potential participants of the Dukascoin reward programs that starting from 1st of June, 2020 reward rates for new coin reward staking deposits will be reduced by 10% from current levels. The new income schedule will remain deposit size dependent and be represented as follows:

  • 1 000 deposited Dukascoins - 20% coin reward;
  • 2 000 - 30%;
  • 3 000 - 40%;
  • 4 000 - 50%;
  • 5 000 - 60%;
  • 7 500 - 70%;
  • 10 000 - 80%.

The Bank guarantees that the following reduction will not affect deposits allocated before 1st of June, 2020. For those who are considering joining the coin reward program with current lucrative rates there are 3 weeks left to decide!

07.04.2020

Commission for active traders update

On October 31st, 2019 Dukascopy Bank decided to reward the most active clients by assigning to each trader 1% commission per Dukascoin sold, that is if their trading turnover exceeded 50 000 Dukascoins (both bought and sold).

Starting today, the Bank has significantly lowered the existing threshold from 50 000 to 20 000 Dukascoins and introduced an additional criterion: 1% commission assignment starting from 20 000 EUR or the equivalent in traded Dukascoins. Thus, the commission is now assigned once the trader reaches either 20 000 DUK+ or 20 000 EUR equivalent to the DUK+ traded volume.

Example 1: a client bought 20 000 DUK+ at 0.75 EUR per DUK+. The EUR equivalent of obtained coins is 15 000 EUR (20 000*0.75) which is less than 20 000 EUR. Therefore, 1% flat rate commission is assigned since the DUK+ threshold is reached.

Example 2: a client bought 7 000 DUK+ at 1 EUR per DUK+ and sold them all later at 2 EUR per DUK+. As a result, the traded volume constitutes 14 000 DUK+ (7 000 + 7 000) which is less 20 000 DUK+, while the EUR equivalent of bought and sold coins is 21 000 EUR (7 000*1 + 7 000*2). Therefore, the 1% flat rate commission is assigned since the EUR equivalent of DUK+ traded volume threshold has been reached.

The changes are already implemented and reflected on the Fees & Limits page.

31.03.2020

Dukascoin listing at ZBX exchange

Dukascopy Bank is glad to announce a new external listing of Dukascoin. Since Wednesday, April 1, Dukascoin tokens will be available for trading on the marketplace of ZBX exchange.

ZBX will start listing Dukascoin against USDT in the very beginning followed by other pairs upon growth in interest and demand. In addition, ZBX exchange will become the first trading venue offering its users an external participation in Dukascoin staking program. Any holder of DUK+ on the side of ZBX will be able to apply for either Coin reward staking or Fiat reward staking fully remotely. Important eligibility criteria for the participation in staking will be the requirement to open and maintain a Multi-Currency Account (MCA) at Dukascopy Bank. After the staking period, the Bank will transfer the reward to the DUK+ holder's personal MCA account. At any point in time during the holding period, a user will be able to track his coins and the reward both in the interface of his MCA account and in the personal area of ZBX exchange.

ZBX is a cryptocurrency exchange registered in Malta, operating out of a regulated environment for individual and institutional traders.

The founding team of ZBX has broad and intensive experiences in traditional financial services, IT and the cryptocurrency sector. ZBX's core team is located in Malta, Switzerland, Sweden, and China.

27.03.2020

Low liquidity fee update

Dukascopy Bank changes the threshold of Low liquidity fee application from 1 EUR to 1.25 EUR. The fee amount remains unchanged at 0.2 EUR per Dukascoin sold.

The change will be applied on April 1st and it will come in force from the moment the Fees & Limits website page is updated.

10.03.2020

Dukascopy Bank passed recent market shocks successfully

Considering the general concerns about the financial situation of the market participants after the recent oil and stocks price drops as well as high volatility on the currency markets, Dukascopy Bank is reporting the following:
1. The YTD profit 2020 of Dukascopy Bank has hit a historical record (above 8 million CHF),
2. Eighty (80) negative accounts have appeared on the 9th of March 2020, totalling 340k USD which is in line with the Bank's risk appetite.

Dukascopy Bank will clear those negative accounts, at its expense, without asking any compensation from clients.

All risk mitigation measures in place have proved to be effective and adequate to ensure the stability of the Bank during current and previous extraordinary market events (abandon of the EUR/CHF peg, BREXIT, Trump election, etc.). Such measures are regularly reassessed and adjusted by the Bank.

The Bank would like to reassure its clients and other business partners that Dukascopy Bank, Dukascopy Europe and Dukascopy Japan continue to be reliable and stable trading counterparties.

06.03.2020

BIG FISH – REFERRAL PROGRAM LEVEL 2 UPDATE

Dukascopy Bank would like to boost the attractiveness of its referral program for the loyal clients that have DUK+ deposits with the Bank. For such clients, the Bank has established the second level of a referral program with a nice name “Big Fish”. This program presumes a significant remuneration for the referring of valuable new clients. The Bank invites all holders of DUK+ term deposits to contact their account manager or Dukascopy Support team to learn about the conditions. You may also reach us by writing to crypto@dukascopy.bank The Bank is sure that the conditions of the “Big Fish” program will surprise you in a positive way.

02.03.2020

The first anniversary of the Dukascoin project.

28th of February, 2020 Dukascopy Bank SA is proud to celebrate the first anniversary of the Dukascoin project. One year ago, we have officially launched the first payment crypto coin issued for public use by a licensed and regulated Swiss bank. Today it’s time to look back and observe the way the project evolved during the first year.

First of all, we would like to accentuate the fact that the Dukascoin project significantly differs from any other cryptocurrencies offered to the audience so far. The Dukascoin’s uniqueness is not about the blockchain design complexity – on the contrary, we intentionally meant for it to remain simple, this is why we had picked a popular ERC-20 standard on the Ethereum blockchain and the Airdrop distribution concept of the token called DUK+. Issuance of new tokens is free of charge and limited to new Multi-currency accounts opening at Dukascopy Bank, whereby each new client gets 5 DUK+ for free and an equal amount will be granted to a referrer if any exists. The bank itself receives 10 new coins every time a new account is created. However, the key feature of our project is the following: the Dukascoin simultaneously resides in two environments – in the blockchain and in the books of a regulated bank.

Currently near to 193 000 MCA account holders have received Dukascoins and almost 3 900 000 Dukascoins have been released. During the past year, Dukascoin holders used several available options to utilize the crypto received.

First of all, to sell and buy Dukascoins, the bank has created a secure internal marketplace that is designed as an easy-to-understand bulletin board which is linked to clients’ accounts at the bank. It allows posting conditional orders (providing liquidity) or picking the desired orders from other participants (using liquidity). All transactions executed on the internal marketplace are secured by the bank, so the client should not worry about receiving the expected value when the transaction is accepted by a third-party. More than 1 500 000 Dukascoins have changed hands in the internal marketplace during the last year and the exchange rate has quadrupled from its low at 0.5 EUR per 1 Dukascoin in June of 2019 to the high of more than 2 EUR for 1 DUK+ in January and February 2020.  

To support the Dukascoin’s liquidity, the bank has developed a special program to remunerate large providers of liquidity and created the Dukascoin holders Fat Catz club. Nearly 24 000 EUR have been distributed between Dukascoin Fat Catz as of April 2019.

Also, the bank offers a system of significant rewards motivating Dukascoins savings. Rewards are based on both crypto and fiat currencies. 91 clients so far have decided to sample alternative crypto savings! 

 

Every visitor of the Dukascoin website can track
the project’s performance on-line via the dedicated web-page
https://www.dukascoin.com/?lang=en&cat=inf&page=statistics

  

Last but not least. Dukascopy Bank has literally launched the Dukascoin into the space!

We have introduced the Silver Dukascoin: a silver coin, issued in limited quantity, created to evidence the right of a legitimate holder to receive a Gratification bonus paid by Dukascopy Bank in crypto Dukascoins.

2 series of the Silver Dukascoins are waiting for their new owners:

  • SPACE: the rare series with the highest numismatic and Gratification bonus value of 250 Dukascoins. Only 65 pieces have been minted, launched into the open space and successfully returned to Earth on November 22nd 2019 in Spaceport America – USA-based and first private spaceport in the world;
  • SKY: a limited series minted to memorialize the historical event of the launch of the first cryptocurrency issued by a regulated Swiss bank. Silver Dukascoins of this series bear a Gratification bonus value of 50 Dukascoins and are available for public usage as a physical proof of the right to receive the Gratification bonus.

 

We congratulate all our clients and crypto enthusiasts
of the world with the anniversary of the Dukascoin project!

One Year. So far so good! 

Read more about the opportunities offered by the Dukascoin on

www.dukascoin.com

28.02.2020

Coin Reward Deposit rates reduction

Dukascopy Bank would like to remind that the Coin Reward Deposit rates will be reduced by 10% starting March 1st 2020:

  • 1 000 deposited Dukascoins - 30% coin reward;
  • 2 000 - 40%;
  • 3 000 - 50%;
  • 4 000 - 60%;
  • 5 000 - 70%;
  • 7 500 - 80%;
  • 10 000 - 90%.

Application of the updated rates will not affect the previously placed active deposits. The next 10% reward rate reduction is expected to be applied on June 1st 2020.

11.02.2020

Introduction of Inactivity Fee on Multi-Currency Accounts ("MCA")

Starting March 1, 2020, Dukascopy Bank will debit 5 Dukascoins (5 DUK+) from MCA which remained unused for more than 3 months after opening (no card ordered, no incoming or outgoing transfer, no currency exchange).
The Inactivity Fee may be charged only once in the lifetime of an MCA. In order to avoid the Inactivity Fee, make sure that you start using MCA within the first 3 months after opening.
Once Inactivity Fee charged from the account, Dukascopy Bank will not close the latter and First Dukascoin Transaction Fee will not be charged from this MCA.

24.01.2020

Dukascash project update − important communication about dissemination of false information

Recently, Dukascopy Bank has noticed the appearance in the Internet of a number of articles containing erroneous/misleading information regarding the development of the Dukascash project of Dukascopy Bank.

In this regard, Dukascopy Bank would like to clarify that no Dukascash tokens have been issued and put in circulation by the Bank so far and that the date of launch of Dukascash cannot be determined at the current stage.

This date will be announced separately in an official communication from the Bank.

For further information you may write to crypto@dukascopy.com

06.01.2020

FIRST TRANSACTION FEE AND MINIMUM TRADE SIZE CHANGE

Please be informed that starting from today the First transaction fee is raised from 4 to 4.75 EUR when the minimum trade size on the Dukascoin marketplace is raised from 4.25 EUR to 5 EUR. The changes are already reflected in the Fees & Limits page. Kindly check.

27.12.2019

Silver Dukascoin: The Crypto in Space

On November 22nd 2019 at 15:19 GMT a historical event took place. The first physical embodiment of a virtual cryptocurrency had been launched into Space. The crypto-currency which dared such a feat was the Dukascoin: the first cryptocurrency ever issued by a regulated bank – Dukascopy Bank SA. With a speed of 5.5 Mach, the batch of 65 exclusive silver coins minted from 999 Pure Silver had reached a height of 301304 feet. It was launched from Spaceport America, located in New Mexico, USA. Later that same day, the space capsule with 65 silver coins returned to Earth. The video report is available here.

Today, Dukascopy Bank is proud to announce that the silver Dukascoins which were launched into space and successfully returned to Earth are available for order. The buyer will benefit from a rare numismatic value and the opportunity to receive a significant Gratification bonus of 250 DUK+. Each Silver Dukascoin Set will consist of the silver Dukascoin with a unique number and a Certificate of Origin containing the same unique number, signed by the CEO of Dukascopy Bank. You can take a look at the photo gallery here . The intrinsic value of the Silver Dukascoin lies in the fact that it is the physical proof of the right to receive the Gratification bonus under the conditions of the Silver Dukascoin Bonus Program. Please read the conditions on the dedicated website www.dukascoin.com/silver/

2 series of the Silver Dukascoin were minted in a limited number of 1000 pieces for both series. The first 65 Silver Dukascoins belong to the special SPACE series minted from 999 Pure Silver and launched into Space. This is a series of rare coins which have been seasoned by uncovered Solar winds and which offer a substantial Gratification bonus of 250 DUK+.

In addition to the SPACE series, the Bank minted 935 silver Dukascoins of the SKY series. These Dukascoins are minted from 925 Fine Silver to memorialize a historical event which happened on February 28th 2019, when a regulated Swiss bank was the first Bank in the world to issue a cryptocurrency. The Gratification bonus for the SKY series Silver Dukascoin holders is 50 DUK+.

The Bank is offering the Silver Dukascoin while respecting the Reference price. The formula of the Reference price is the following:

  1. For the SPACE series: 100 EUR (cost of production) + 300 EUR (cost of launch to space) + current market price of 250 Dukascoins quoted on the Dukascopy marketplace (BID+ASK divided by two).
  2. For the SKY series: 100 EUR (cost of production) + current market price of 50 Dukascoins quoted on the Dukascopy marketplace (BID+ASK divided by two).

Clients willing to buy the Silver Dukascoin of the SPACE series should have more than 10000 Dukascoins on their multi-currency account (deposits included) with Dukascopy Bank at the moment of the purchase request. As well 10 000 and more Dukascoins may be allocated on the any blockchain account and/or on the account with partnering cryptoexchange. For the SKY series, there is no minimum required amount.

Dukascopy Bank created the following key features intended to protect the Silver Dukascoin holder’s rights and assist them in transfers of those rights to other persons:

  1. The Bank maintains a register of legitimate Silver Dukascoin holders for all series. Transfer of the Silver Dukascoin from person to person will be reflected in the Public Register.
  2. Dukascopy Bank can offer a safekeeping service to the Silver Dukascoin owner who is a multi-currency account holder. The coin can be safely stored in the vault located on the Bank’s premises. In case of transfer of ownership (sale) of such a coin to another multi-currency account holder, the Bank can secure the deal for both parties.

Clients can book the silver Dukascoin with a particular number from the “Available in the Bank” section by sending a written request.

Dukascopy Bank invites readers to get acquainted with details of the offer and complete the order form on www.dukascoin.com/silver/.

The Silver Dukascoin Set is available for order starting from now. The delivery of the set to clients will start in January, 2020.

High-resolution images of the Silver Dukascoin Set and the video of the space launch are available in the Dukascoin media-kit.

20.12.2019

Blockchain deposit fee implementation

Please be informed that starting from today 2% fee will be applied for every incoming Dukascoin deposit from blockchain while outgoing transfers of Dukascoins remain free of charge. Institutional clients with large blockchain Dukascoin turnover may apply for special conditions. The changes are already reflected in the Fees & Limits page. Please take a look at the update.

18.12.2019

Coin reward deposits rates update

On February 28th 2020 the Dukascoin project will celebrate its 1 year anniversary. Since that date, 144 667 clients have opened their accounts with Dukascopy Bank and 2 893 340 coins were released into circulation while the exchange rate of Dukascoin has stabilised above 1 EUR per coin. The three reward programs developed by Dukascopy Bank to benefit its loyal clients showed the following results:

  • Fat Catz reward program: 6 clients are currently participating in the program with a total of 129 767 DUK+ held. Since the project launch, Dukascopy Bank has collected and distributed 20 779 EUR of commission among legitimate participants of the reward program.
  • Fiat reward deposit: 20 clients have placed 155 837 coins for one-year deposits.
  • Dukascoin Reward deposits: 39 clients have placed 247 877 coins for one-year deposits.

Following its initial plan and the successful start of the project, Dukascopy Bank announces the continuation of the existing Dukascoin reward programs for the second year with some changes.

In particular, the Coin Reward Deposit program rates will be reduced by 10%:

  • 1 000 deposited Dukascoins - 30% coin reward;
  • 2 000 - 40%;
  • 3 000 - 50%;
  • 4 000 - 60%;
  • 5 000 - 70%;
  • 7 500 - 80%;
  • 10 000 - 90%.

The changes will take effect on March 1st 2020. Until that time, the existing schedule will remain in force. Application of the updated rates will not affect the previously placed active deposits. The next 10% reward rate reduction is expected to be applied on June 1st 2020.

The fiat Reward Deposit program remains available for clients for the second year as well with the same reward rate: 50 euro cents for each allocated Dukascoin. The minimum deposit amount will continue raising by 1 000 DUK+ every month until it reaches the 20 000 DUK+ threshold in October 2020:

  • 11 000 DUK+ - January 2020;
  • 12 000 DUK+ - February 2020;
  • 13 000 DUK+ - March 2020;
  • 14 000 DUK+ - April 2020;
  • 15 000 DUK+ - May 2020;
  • 16 000 DUK+ - June 2020;
  • 17 000 DUK+ - July 2020;
  • 18 000 DUK+ - August 2020;
  • 19 000 DUK+ - September 2020;
  • 20 000 DUK+ - October 2020 and until the end of the year.

Finally, the prestigious Fat Catz reward program will also continue benefiting its members with commission gathered from Dukascoin’s sellers. The only change is that the qualification threshold will be raised from 10 000 DUK+ to 15 000 DUK+ on February 1st 2020.

Please consider adjusting your plans regarding your participation in the Dukascoin reward programs taking into account the announced changes for the coming year.

17.12.2019

DUKASCOIN LISTING ON ZBX

Dukascopy Bank is pleased to announce the listing of its own cryptocurrency Dukascoin on ZBX cryptocurrency exchange that will officially commence in January, 2020 preceded by the currently undergoing pre-listing period. After the successful integration of the bank’s Crypto Partner account program with ZBX, the companies will continue to combine the best of both worlds – security and reliability of a Swiss bank and the innovative nature of the crypto-exchange.

Dukascoin has not been traded against US dollar-related instruments before. Now, the clients of ZBX will be able to trade DUK+/USDT, getting access to the benefits offered for Dukascoin owners:

  • Participation in reward programs by depositing Dukascoin
  • Taking part in the substantial price growth potential
  • Fat Catz program
  • Uncorrelated behavior of the token relative to the majors (BTC, ETH)

The users who have both - Dukascopy multi-currency account (MCA) and ZBX account will have the opportunity to send and receive the bank's cryptocurrency in the blockchain – Dukascoins can be sent to the client’s Dukascopy address or to the client’s ZBX address.

Dukascoin is an ERC-20 token created by Dukascopy Bank representing the first cryptocurrency in the world issued by a bank on a public blockchain. The token was launched on February 28, 2019 and during the last three months has risen in value from 0.60 EUR to 1.30 EUR per coin.

Dukascopy Bank is delighted to see a steady demand for Dukascoins. The listing on ZBX exchange is yet another confirmation of the success of the model behind Dukascoin tokens.

29.11.2019

Minor update of the Dukascoin White Paper

Dukascopy Bank announces that the updated version of the Dukascoin White Paper has been released today in order to make minor improvements. The document (v.36 dated November 29, 2019) is available for download on the www.dukascoin.com website

28.11.2019

Active referrer account maintenance commission change

Please be informed that starting from today the Active referrer account maintenance commission is raised from 2 to 2.5 DUK+. This commission will be charged starting from the sixth referral (and every referral after that). The changes are already reflected in the Fees & Limits page. Please take a look at the update.

27.11.2019

First transaction fee and minimum trade size change

Please be informed that starting from today the First transaction fee is raised from three to four EUR when the minimum trade size on the Dukascoin marketplace is raised from 3.25 EUR to 4.25 EUR. The changes are already reflected in the Fees & Limits page. Kindly check.

21.11.2019

The Dukascoin rate doubled in November

Dukascopy Bank is happy to inform that DUK+/EUR rate has doubled in the period of just one month. DUK+/EUR bid rate was 0.65 on the 21st of October, reached 1.30 on the 15th of November and is currently steadily holding at over 1.20 since the 21st of November.

This achievement is even more remarkable when comparing to the negative pace of cryptocurrencies such as Bitcoin, Ether, Litecoin and the majority of others. It confirms the sustainability of the key concepts of the Dukascoin project published in the Whitepaper.

It is worth pointing out that the current positive dynamic of the DUK+/EUR exchange rate is supported by a stable trading volume on the internal marketplace. This is another confirmation of the steady interest from the public to the first cryptocurrency issued by a regulated bank.

01.11.2019

Low liquidity fee introduction

Dukascopy Bank implements Low liquidity fee: an additional commission of 0.2 EUR per Dukascoin sold at the exchange rate of 1 EUR per Dukascoin or less. Low liquidity fee will be applied to each trade except the first Dukascoin transaction. The commission will be charged in addition to already existing applicable commissions.

The new commission will be implemented next week and it will come in force from the moment the Fees & Limits website page updates.

31.10.2019

Commission for active and institutional traders

Having analyzed trading activity of DUK+ traders Dukascopy Bank took a decision to reward the most active clients, in terms of trading volume, by making changes to the actual commission policy. From now on, the minimal commission of 0.05 EUR per every Dukascoin sold will not be applied to clients whose trading turnover exceeded 50 000 Dukascoins (both bought and sold coins counted). Instead, they will only pay 1% of current volume commission from each transaction on the Dukascoin marketplace.

The same approach will be applied for those clients who will be defined by Dukascopy Bank’s management as institutional market makers: they will be charged 1% of current volume commission without obligation to pay minimal commission of 0.05 EUR per sold coin.

The abovementioned changes come into force as of today and may be amended at Dukascopy Bank’s discretion.

25.10.2019

Bank’s management restrictions update

Dukascopy Bank’s Board of Directors took a decision to increase from 10’000 to 50’000 Dukascoins the maximum position that each member of the Executive Committee of the Bank and each of their family members can hold.

Since the launch of Dukascoin on 28 February 2019, more than 3.5 million of Dukascoins were released of which more than 1 million belong to clients of the Bank. Over 6 thousand of Dukascoins are traded daily on the Dukascoin bulletin board. Considering the achieved number of released tokens, the sustainable growth of such number and the stable trading activity on the bulletin board, the above mentioned decision of the Board of Directors has been approved.

Updated clause “The Bank’s management restrictions” of the Dukascoin White Paper will be included in version 35 of the document published on the website.

24.10.2019

Thresholds for active referrers and experienced marketplace users changed

Continuing the efforts to protect inexperienced clients from the incorrect usage of trading capabilities of the marketplace, Dukascopy Bank increases the minimum trading volume requirements for traders willing to place bid and ask pending orders to buy and sell Dukascoins. The Bank strongly believes that minimum trading volume should ensure the acquisition of necessary experience. That is why experienced users should reach the new level of the trading volume of 500 Dukascoins before they can utilize the full range of orders’ functionality. Less experienced marketplace users will be able to buy and sell Dukascoins at the best available prices by placing market orders only. Once the user reaches the qualification turnover minimum, pending orders will be unblocked automatically.

Another classification change concerns the active referrers’ status. A referrer is considered as active if the number of his/her referrals who successfully opened an MCA account exceeds 10. Starting from the 11th referral, 2 DUK+ will be charged as active referrer account maintenance commission from the remuneration of 5 DUK+ received by referrer. If the number of referrals is lower than 10, the commission will not be applied.

Dukascopy Bank can change the above mentioned thresholds after further observation of the clients’ activity.

17.10.2019

New fees, commissions and discounts

Dukascopy Bank is announcing that the new fee of 3 EUR for the first Dukascoin transaction will be applied to the newly opened MCA accounts. When the client initiates first outgoing transaction in Dukascoins (withdrawal, transfer to another MCA account holder or selling) the new fee will be once charged from the MCA account balance. The client will be able to sell Dukascoins even if the balance of the MCA account is not sufficient to pay that fee. In that case, the First Dukascoin transaction fee will be deducted from the amount of euro credited to the client’s account for the Dukascoins sold.

For those customers who will actively use the MCA account and, in particular, will order a Bank’s payment card (target audience of the MCA account service) Dukascopy Bank is planning to offer a discount for the ordering of the first payment card compensating the fee paid for the first Dukascoin transaction. Thus, the fee for the first Dukascoin transaction would not affect a target clientele of the bank.

Another newly introduced change in the fee schedule is the increase of a minimum commission for each Dukascoin sold by client from 0.02 EUR to 0.05 EUR.

The purpose of the above mentioned changes in the fee schedule of the MCA service is to reduce abusive activity of persons exclusively willing to benefit from MCA welcoming bonus and without intention to use the MCA service of the Bank.

11.10.2019

Pending orders are available for experienced users only

After meticulous consideration of the 7 month trading practice on the internal Dukascoin marketplace, Dukascopy Bank has decided to introduce a minimum trading volume qualification for traders willing to place a bid and ask pending orders to buy and sell Dukascoins. This measure is introduced to protect inexperienced clients from the incorrect usage of trading capabilities of the marketplace. Minimum trading volume will guarantee necessary experience. New marketplace users will be able to buy and sell Dukascoins at the best available prices by market orders only. Experienced users should reach the trading volume of 250 Dukascoins to apply full range of orders. When the user will reach qualification minimum, pending orders will be unblocked automatically. Dukascopy Bank can change the above mentioned experience limit after further observation of the clients’ activity.
03.10.2019

Clients hold more than 1 000 000 Dukascoins

Dukascopy Bank is pleased to announce that on October 2nd, 2019 a new milestone has been reached: more than 1 000 000 Dukascoins have been accumulated by clients on their MCA accounts. This milestone confirms the sustainability of the reward concept offered by Dukascopy Bank for MCA account opening and client’s interest towards the first cryptocurrency created by a Swiss bank.

We are happy to state that the growing number of MCA account holders raises the optimism of a bright future for an affordable Swiss retail banking service constantly evolving at the hands of Dukascopy Bank S.A. One of the latest improvements concerns the benefit of SWIFT deposit automation for MCA account clients. This means that whenever a client makes a bank transfer to a Dukascopy MCA account and certain criteria match, his/her funds will be available on the account without any manual intervention. This innovation dramatically increases the speed of client transactions and raises the client’s satisfaction to a new level.

03.10.2019

Commission for active referrers

Hereinafter Dukascopy Bank is informing its clients that the commission for active referrers will be introduced in the middle of October 2019. A referrer is considered active if the number of his/her referrals who successfully opened an MCA account exceeds 10. Starting from the 11th referral, 2 DUK+ will be charged as commission from the remuneration of 5 DUK+ received by referrer. If the number of referrals is lower than 10, the commission will not be applied.

26.09.2019

Dukascopy Bank introduces minimal commission.

Dukascopy Bank introduces minimal commission for selling of Dukascoin at the internal marketplace. The current level of the commission will remain 1%. At the same time the bank will charge minimal commission of 0.02 EUR per every Dukascoin sold. The collected amount of commission will be distributed among Fat Catz reward program participants and will make the program even more profitable. Dukascopy reminds that every client is eligible to benefit from the Dukascoin Fat Catz reward program in case the monthly average balance of the account will be equal or larger than 10000 Dukascoins.
12.09.2019

New episode of the official Dukascoin promotional movie has been released

"Dukascoin Space Adventure" video campaign has got its continuation. New episode of the official Dukascoin promotional movie called “Dukascoin Catch” is already available on the www.dukascoin.com web-site and Dukascopy social media groups. Also the second chapter of the video-adventure is ready for download in the media-kit.

We will be glad to know your opinion about the episode and welcome your fresh ideas regarding scenarios of the future episodes. Leave your comments under the official video on YouTube and best scenario will be awarded by special prize!

11.09.2019

Automated DUK+ blockchain deposits/withdrawals launched!

After intensive testing Dukascopy Bank is happy to announce that starting from this week blockchain operations (deposits and withdrawals) with DUK+ envisaged at MCA account internet banking applications (web and mobile) became automated in most cases and available 24/7.

Taking into consideration the growing number of Dukascoin holders willing to keep DUK+ on their external blockchain wallets, Dukascopy Bank was working hard to create fast and reliable way to satisfy client’s needs. Now the overall time of blockchain interactions in Dukascopy Bank’s MCA accounts infrastructure has been reduced from manual “next day” execution to few minutes (depends on current Ethereum blockchain network loading).

26.07.2019

Dukascoin in social networks!

Dukascoin has launched a new social contest in which anyone can take part. 

To participate, you must leave a creative comment on one of the social networks such as Facebook, Instagram, Twitter and LinkedIn, then make a screenshot of it and send it attached in an email to social@dukascoin.com

Once a month, the Dukascoin team will be choosing one or more winners who will receive 100 Dukascoins (DUK+) for free!

The first winner of the contest is Michele Schopfer with her comment on Facebook "AlloHouston? On a un problème..." under Dukascoin's post about the first adventure of the Dukascoin on the moon. There will be new episodes of the adventures soon and new creative comments.

Congratulations!

23.07.2019

Minor update of the Dukascoin White Paper

Dukascopy Bank announces that the updated version of Dukascoin White Paper has been released today in order to make minor cosmetic improvements. The document (v.34 dated July 23, 2019) is available for download on the www.dukascoin.com website

19.07.2019

Referral bonus "Dukascoin#6" is suspended

Starting from July 19, 2019 Dukascopy Bank temporary suspends the "Dukascoin#6" referral bonus program. During first 50 days of the "Dukascoin#6" program existence started at May 29, 2019 more than 8000 clients have met the conditions of the program and realized their right to get one extra Dukascoin to their MCA accounts. We consider such a performance as completely satisfactory and would like to thank all clients joined the program and their referrers who promoted this program among existing and prospect clientele.

The program has been suspended until further notice. More details about the Dukascoin Referral program can be found via the link

11.07.2019

SWISS CRYPTO EXCHANGE (SCX) ADMITS DUKASCOIN TO TRADING

Geneva, 11th July 2019 - Dukascopy Bank is pleased to announce the first listing of its own cryptocurrency Dukascoin on the first external trading venue - Swiss Crypto Exchange (SCX)

On February, 28 Dukascopy Bank has launched Dukascoin - the first public blockchain-based crypto token issued by a bank. This event has marked an important milestone in the crypto-friendly long-term strategy of the bank. Since then, Dukascoin has been actively traded inside the internal ecosystem of the bank, attracting significant interest from investors. During the last several months Dukascopy has been actively preparing the next great landmark for its cryptocurrency - external admission to trading.

After careful research and diligent selection process, the bank is now glad to announce the first partnership with one of the most recognized and well-established Swiss crypto companies - Swiss Crypto Exchange (SCX). The bank has highly appreciated the professional team standing behind SCX managed by its CEO Dr. Francesco Adiliberti and its Executive Chairman Dr. Christian Katz and - two well-known and respected members of the Swiss financial industry. Dukascopy Bank is looking forward to fruitful and long-lasting cooperation with SCX in the crypto domain.

Starting from this week, global institutional and private investors will have the opportunity to transact in Dukascoins outside of Dukascopy Bank's environment, freely sending and receiving the bank's cryptocurrency in the blockchain. The bank would like to remind that anyone interested can follow all the latest updates related to Dukascoin on the dedicated web site www.dukascoin.com. This resource publishes all relevant information about the prospective business uses of the token inside or outside the bank.

The bank is equally happy to present an essential additional benefit that clients of Dukascopy will obtain from the partnership with Swiss Crypto Exchange. All clients will get access to trading in popular cryptocurrencies, for example, Bitcoin (BTC) or Etherium (ETH) against Dukascoin or fiat currencies. In this convenient arrangement, clients will be able to keep their money in the safe custody of their Dukascopy bank accounts while buying or selling crypto via SCX (you can read SCX's press release here).

"Switzerland is our home market and is of strategical importance for us. Therefore, we have been particularly careful when selecting a partner exchange. I am certain that we have entrusted our first integration of Dukascoin to the partners who understand the financial and crypto markets very well. They are true professionals. Moreover, I am personally delighted to work closely to Dr. Christian Katz, who has been managing SIX exchange for years and who knows very well how a proper Swiss exchange should be organised." said Dr. Andre Duka, co-CEO of Dukascopy Bank.

03.07.2019

Start of the Public Test and Dukascash family expansion

As it was announced, on the 3rd of July, 2019 Dukascopy Bank has started the Public Test phase of its Dukascash project (announcement). The positive reaction of the market to that announcement almost doubled the price of the Dukascoin.

During the Public Test, Dukascopy Bank declares its intention to check the industry's general interest towards low-volatile token issued and supported  by the Bank and invites the leading crypto industry actors to a dialogue regarding the project.

At the same time, the Bank will verify the effectiveness of the developed procedures related to Dukascash, its regular monitoring system and the potential ability to expand the project within the short time frame upon the request of potential partners. To do so, in the framework of the Public Test, the Bank is going to add to the list another five tokens.

These new tokens are CNY+, GBP+, JPY+, MXN+ and RUB+ pegged to Chinese Renminbi, Pound of Sterling, Japanese Yen, Mexican Peso and Russian Ruble, respectively. Such expansion of Dukascash tokens should prove the scalability of the project.

Creating the family of low-volatile tokens supported by the Bank, freely convertible with the same cross rates as their base currencies is considered by the Bank as a general target of the project. In fact, the Bank may rapidly extend the list of Dukascash tokens family members up to 23 currencies, all of which are currently available as a base currency for clients' accounts. Further extension of the list will be considered on a case-by-case basis.

The Bank reminds that during the period of the Public Test, which will continue until the official termination, the Bank does not take any obligation and does not guaranty the continuation of the project. In any case and independently on the results of Public Testing, possible future amendments to the White Paper and continuation or discontinuation of the project, the Bank takes an obligation to buy back all Dukascash tokens purchased by clients during the Public Test phase. See details in the Public Test disclaimer.

27.06.2019

Dukascash White Paper and Public Testing announcement

Dukascopy Bank is publishing the White Paper of its new crypto project named Dukascash. With Dukascash the Bank presents to the crypto industry its vision of a stable crypto currency issued and supported by a bank. The Bank offers a range of payment tokens (currency tokens) circulating in public blockchain. The circulation of the bank's token in public blockchain is the most important advantage in comparison to competitors' solutions. It is the first and only product of that type in the banking industry. The official website of the project is www.dukascash.com

Dukascash is the family of universal digital payment means denominated in different fiat base currencies. Dukascash is designed by the Bank as a basket of low volatility tokens. The exchange rates of these tokens against its base fiat currencies in the long-term perspective is supposed to seek parity with those currencies.

Dukascash will exist in the form of ERC-20 smart-contracts over Ethereum blockchain and represents tokens softly linked to EUR, USD and CHF. Tickers for the above mentioned tokens will be EUR+, USD+ and CHF+ respectively. The list of base currencies will be extended at later stages upon client's requests.

Before the official launch of the product, the Bank announces a public testing phase of the project. The bank invites all crypto industry professionals to participate in the public testing of Dukascash. During that phase the minimum size of a transaction is established at 1000 or more tokens. This measure is intended to protect retail clients from the risks associated with participation in the testing processes.

In any case and independently on the results of public testing, possible future amendments to the White Paper and continuation or discontinuation of the project, the Bank takes an obligation to buy back all Dukascash tokens purchased by clients during the public test phase.

During the public testing stage, the Dukascash White Paper does not create any obligation for the Bank to launch and maintain the products and/or services described in the White Paper. The public testing phase starts July 3rd, 2019. The termination of public testing will be announced separately. The Bank will apply its strict AML/KYC procedures to all operations with clients involving Dukascash.

Dukascash White Paper is available here.

18.06.2019

Most active referrers may sell their coins at fixed rate 1 EUR per DUK+

Dukascopy Bank announces the special reward for most active referrers who will achieve the mark of 100 and more referrals successfully opened MCA accounts during one month.

At the beginning of July, 2019 all referrers who will pass the 100+ mark of opened accounts during June will be awarded a special private offer from Dukascopy Bank to buy back all Dukascoins received for their referrals at the fixed price of 1 EUR per 1 DUK+. For example, if the referrer has exactly 100 referrals successfully opened their MCA accounts in June then 500 DUK+ should be awarded for that activity (5 DUK+ for every referral). It means that at the beginning of July the referrer will get a private offer in his/her mobile application (Dukascoin Marketplace) to sell 500 DUK+ to the Bank at the fixed rate of 1 DUK+/EUR and get 500 EUR. The fixed price offered to referrers will not depend on the current market price of DUK+. If the referrer has already sold his/her DUK+ on the marketplace before the announced private offer he or she can buy appropriate amount of DUK+ on the marketplace and sell them to the Bank accepting the private offer. The offer will be limited by the amount of coins received by the referrer during previous month for his/her referral activity.

The referrers eligible for the special reward for a previous month will be identified in the course of the first business day of the next month by counting the successful MCA account applications processed during the previous month. This regular reward will be effective every month till the announcement of revocation from the Bank.
For the current month, the most active referrers have more than a week remaining to stimulate their networks to open more accounts. The more opened accounts the higher the reward!

07.06.2019

Dukascopy Bank released the first official Dukascoin promotional movie.

Dukascopy Bank is happy to announce the official launch of the "Dukascoin Space Adventure" video campaign.

Starting from today visitors of the www.dukascoin.com web-site and Dukascopy social media groups will be able to watch the series of short movies about the Dukascoin's adventures on Space. The first chapter "Dukascoin Moon" is already available on the internet and ready for download in the media-kit via the link.

So fasten your seat-belts and enjoy the "Space Ride" Dukascoin movie!

05.06.2019

Dukascopy Bank has opened 100 000 current accounts!

15 months ago, at the beginning of 2018, Dukascopy Bank had set an ambitious goal to become the most dynamic and fast-growing retail banking institution in Switzerland. Today we are proud to report that the business model developed by Dukascopy Bank to achieve that goal is completely sustainable: 100 000 clients have entrusted to our institution their payment needs and assets! And the pace is gathering in speed: more than 50% of the amounts of retail accounts have been opened during last three months. In fact every three months the bank doubles its on-boarding productivity.

Our retail clients can reach the financial world by double-tapping on the screen of their smart-phones. A state-of-the-art bank-bot will guide the client through the wide range of unique services offered by Dukascopy Bank:

  • Banking accounts in 23 currencies with an instant opportunity to exchange one currency against another with the best possible forex exchange rates with and lowest commission rates (for example, Swiss residents are charged only 0.25% of the exchanged amount);
  • Instant and free of charge money transfers to any mobile phone number and between chat-mates of Dukascopy Connect messenger
  • A wide range of investment vehicles built directly into the bank-bot including commodities, indices, gold and bitcoin;
  • Access to the first Swiss banking cryptocurrency created by Dukascopy Bank called the Dukascoin which can be obtained by every new retail MCA account holder for free and offers overwhelming opportunities for its holders: participation in either conservative reward programs with average annual profitability at more than 50% or speculations on the internal Dukascoin Marketplace.

For those who prefer more traditional ways of managing their money Dukascopy Bank offers personal prepaid Dukascopy Visa card in EUR, USD, CHF and GBP allowing either to pay bills and services online and in stores (millions of locations supported) or to get cash in ATM’s. Transfers between the retail account and carda (deposits and withdrawals) are also free of charge.

Key components of the success reached are the following:

  • Strict KYC/AML procedures based on Swiss banking regulation;
  • Innovative on-line client onboarding procedure with remote Video Identification allowing clients from all over the World to open a Swiss retail banking account without having to be physically present at the bank's office;
  • Modern Dukascopy Connect 911 messenger available for all mobile devices with built-in internet banking capabilities;
  • Active usage of Artificial intelligence with chat-bots which allows 24/7 support and onboarding of clients;
  • Implementation of the crypto-friendly bank concept.

Based on above mentioned factors Dukascopy Bank reduced the cost of onboarding of per client from 100 down to less than 3 EUR!

The convergence between Swiss banking traditions and modern technologies in Dukascopy Bank's retail products brought the bank to its current impressive result and has created a well-grounded basis for the development of even more fascinating products which will be announced very soon. While celebrating this new milestone we can endorse our bank's ambitious goal as stated in the Dukascoin project Whitepaper: With the trend continuing to be so dynamic, the Bank is eager to become the biggest digital bank regulated in Switzerland.

29.05.2019

Referral bonus "Dukascoin#6" was launched today

As of May 29, 2019 MCA clients of Dukascopy Bank may get 6 Dukascoins instead of 5 as was previously the case. This is a new extension of the Dukascopy Bank Referral Program. Its aim is to involve even more clients in the bank’s profitable Welcome Bonus.

New clients are eligible for the Referral Bonus if they meet the following criteria:

  • The referral code should be entered during the MCA account application procedure through the Dukascopy Connect 911 messenger.
  • The MCA account should be successfully approved and opened.
  • Clients will not use their 5 Dukascoins during 30 days after reception of these crypto-assets.

The Bank will calculate the average daily Dukascoin balance of an MCA account at the end of a 30-day period and will release the reward if the account meets the Bonus criteria above. This means that the clients have the right to send/get/sell/buy Dukascoins at their discretion during the first 30 days of holding Dukascoins. However, the average daily balance should not be less than 5 Dukascoins.

The Bonus will be credited automatically when the account holder meets the Bonus requirements on the 31st day after receiving 5 Dukascoins as a welcome bonus for opening an account. Clients who will get the Dukascoin#6 will see the special incoming transaction in the “Bank” section of their 911 Dukascopy Connect messengers and their DUK+ balance will be increased by 1 Dukascoin.

More details about the Dukascoin Referral program can be found via the link

07.05.2019

Use Dukascoin to buy gold, oil, indices, equities, currencies and other assets

Dukascopy Bank starts offering its traders the possibility to use Dukascoins to trade on the entire range of speculative instruments on its margin trading platform. From now on clients can use the accumulated Dukascoins (DUK+) to fund their trading accounts and to invest in currencies, precious metals, indices, stocks, bonds, Bitcoin, Ethereum, oil, gas and other commodities. This is possible through the new Dukascoin funding mechanism offered for margin trading accounts.

Dukascoin funding allows almost doubling the actual trading leverage. Within the next step Dukascopy Bank plans to allow combined simultaneous usage of Dukascoins - clients will be able to place their DUK+ coins on income generating deposit and use them as margin trading collateral at the same time. Dukascoin income generating programs can bring up to 100% per year.

CEO of Dukascopy Bank Andre Duka says: "It is a traders's dream that trading collateral may bring you up to 100% of passive income per year. I'm happy that by extending the use of Dukascoin further it becomes a truly unique crypto currency. We are devoted to create paradise for investors."

Feel free to find more information on the new service in the website page.

02.05.2019

Dukascoin Fat Catz got first reward distribution

Dukascopy Bank is pleased to announce that first reward distribution among members of prestigious Dukascoin Fat Catz club was successfully accomplished. Total amount of 2055.80 EUR of commissions charged from Dukascoin sellers during March and April has been distributed among Dukascoin account holders who joined Fat Catz club in April.

We remind that distribution of the reward is based on monthly average Dukascoin balance of largest accounts. The major condition to join Fat Catz club is to maintain the monthly average balance equal or larger than 10 000 DUK+.

The current projected annual return of investments of the first group of Fat Catz is 76.24%.

24.04.2019

RÉSULTATS OBTENUS: 1031 NOUVEAUX COMPTES MCA OUVERTS PAR JOUR !

Dukascopy Bank est fière d'annoncer qu'une étape importante des projets MCA et Dukascoin a été franchie : plus de 1 000 nouveaux comptes MCA ont été ouverts le mardi 23 avril 2019.

Il y à peine une semaine, nous avons célébré les progrès substantiels réalisés en matière d'intégration de nouveaux clients, et nous avons battu notre record précédent! Ceci est le résultat des plans stratégiques de la banque développés il y a plus d'un an. Nous pouvons nous référer au livre blanc de Dukascoin: "La Banque a commencé à offrir des comptes MCA pour ses clients un an avant le lancement du projet Dukascoin (28 février 2019). Au début, le nombre de nouveaux comptes MCA par jour était d'environ 10. Cinq mois plus tard, il était d'environ 50. Dix mois après le lancement des comptes MCA, la Banque ouvrait 100 nouveaux comptes par jour. Avec l'aide du Dukascoin Crypto ICO, la Banque envisage d'ouvrir quotidiennement de 1 000 à 10 000 comptes MCA par jour. La tendance étant toujours aussi dynamique, la banque s'impatiente de devenir la plus grande banque en ligne réglementée en Suisse. La Dukascoin sera l'instrument de cette expansion". Nous voudrions souligner que ce qui était attendu comme escale lointaine a maintenant été atteinte : nous ouvrons plus de 1000 comptes par jour !

Actuellement, malgré un certain scepticisme de la part des acteurs du marché concernant le concept d'émission Airdrop, le Dukascoin a stabilisé un taux de change d'environ 0,75 EUR pour 1 DUK+ au cours des six dernières semaines. Cette évaluation du marché assure le développement progressif et continu du projet. Quelques douzaines de clients ont déjà attribué leurs Dukascoins à nos programmes de récompense en Jetons et en EUR. Le club élite "Fat Catz" des détenteurs de Dukascoin a déjà accueilli ses premiers membres.

Les perspectives d'avenir semblent prometteuses et nous déclarons avec confiance que nos projets de banque de détail et de crypto correspondent parfaitement au plan initial annoncé tout en maintenant un dynamisme positif !

17.04.2019

New mark has been passed: 823 new MCA accounts per day

Dukascopy Bank is happy to inform that positive dynamic of new MCA accounts opening is gathering the pace. On April, 16 new mark has been set. 823 new clients joined the growing community of MCA account holders.

16.04.2019

DISTRIBUTION DES DUK+ POUR LES COMPTES MCA OUVERTS AVANT LE 28/02/2019

Conformément aux principes publiés dans le Whitepaper du Dukascoin, Dukascopy Bank a le plaisir d'informer tous les clients ayant ouvert leurs comptes MCA avant le début du Airdrop ICO qu'ils sont éligibles pour les offres suivantes:

Premièrement, les titulaires de comptes MCA qui n'ont pas bénéficié du programme promotionnel MCA (ceux qui n'ont pas reçu 5 EUR après l'ouverture de leur compte MCA avant le 28/02/2019) recevront cinq Dukascoins. La distribution sera effectuée dans les jours qui suivront. Les Dukascoins seront automatiquement crédités sur les comptes MCA.

La deuxième option est destinée aux titulaires de compte MCA et à leurs référents qui avaient reçu 5 EUR dans le cadre du programme promotionnel MCA avant le 28/02/2019. Malgré le cours actuel de DUK+ fluctuant autour de 0,75 EUR par Jeton, Dukascopy Bank respecte les obligations qui lui étaient établies dans le Whitepaper du Dukascoin et offre la possibilité d'acheter 5 Dukascoins au prix de 5 EUR. Cette offre est valide pendant 30 jours et débute au moment de la sortie de cette annonce. Les clients souhaitant exercer leurs droits au cours de la période susmentionnée sont invités à envoyer une demande individuelle à crypto@dukascopy.bank avec les détails de leur compte MCA et leurs numéros de téléphone pour le traitement de la demande.

Après l'achèvement de la distribution DUK+ pour les comptes MCA ouverts avant le 28/02/2019, la banque est heureuse d'annoncer que toutes les activités décrites dans le Whitepaper des Dukascoin concernant la distribution initiale des Jetons ont été réalisées. Les distributions régulières de Dukascoin seront effectuées conformément aux règles publiées ici). Ce concept a été développé par la banque pour garantir une liquidité optimale pour la circulation des Dukascoins. Le montant de Dukascoin sera toujours lié au nombre de comptes MCA ouverts et, par conséquent, au nombre de clients ayant passé les procédures d'identification.

Nous félicitons tous les clients de Dukascopy Bank avec l'accomplissement de la première étape du lancement du Duksacoin Airdrop ICO !

Nous vous rappelons qu'à l'heure actuelle, jusqu'à 800 clients ouvrent des comptes MCA quotidiennement et reçoivent gratuitement 5 Dukascoins. Le taux de change des Dukascoins en EUR est resté stable le mois dernier et fluctue autour de 0,75 EUR par Jeton. Les clients de Dukascopy Bank peuvent rejoindre différents programmes de gains décrits sur le site www.dukascoin.com. Afin de collecter une quantité de Dukascoin conforme aux exigences minimales pour divers programmes de revenus, nos clients peuvent accéder au marché de Dukascoin à tout moment, via leurs applications mobiles ou via le lien Web.

11.04.2019

797 NOUVEAUX COMPTES MCA PAR JOUR ? C'EST FAIT !

La banque Dukascopy est fière d'annoncer que le dernier record des ouvertures quotidiennes de comptes MCA a été battu en deux jours seulement ! La nouvelle référence a été fixée hier : 797 clients ont commencé à bénéficier de tous les avantages créés par la banque suisse Dukascopy Bank: service mobile e-banking innovant, messagerie fiable, utilisation de cryptotoken et une protection des fonds garanti par la réglementation Suisse.

Nos prévisions concernant la forte demande en services bancaires de qualité, renforcées par la combinaison unique d'une Identification Vidéo simplifiée lors de l'intégration du client et d'une opportunité d'entrer dans le monde de la crypto monnaie avec le Dukascoin, ont excédé nos attentes.

Nous estimons que le premier seuil pour notre banque de 1000 ouvertures quotidiennes de comptes MCA ne se fera pas attendre et qu'il sera atteint vers la fin du printemps. Restez à l'écoute!

11.04.2019

LA BANQUE DUKASCOPY ACCUEILLE LE PREMIER MEMBRE DU CLUB DUKASCOINS FAT CATZ

La Banque Dukascopy a le plaisir d'informer nos clients que le premier titulaire de Dukascoin avec un solde important a rejoint le groupe de membres élites de notre communauté crypto appelée Fat Catz. En ce moment, le client a une opportunité unique d'obtenir une récompense annualisée égale à 129,84% en EUR pour la fin du mois d'avril !

La banque aimerait vous rappeler que: les membres du club Dukascoins Fat Catz participent à la distribution mensuelle de 1% de la commission facturée par Dukascopy Bank pour les opérations sur le marché des Dukascoins. Tout client dont le solde du compte MCA est égal ou supérieur à 10 000 DUK+ est éligible pour rejoindre le club Fat Catz. La commission sera répartie proportionnellement au montant des Dukascoins détenus sur le compte Fat Catz.

09.04.2019

NOUVEAU NIVEAU DE REFERENCE A ÉTÉ ÉTABLI : 778 NOUVEAUX COMPTES MCA PAR JOUR!

Dukascopy Bank est fière d'annoncer à ses clients et ses lecteurs qu'en moins d'un mois, un nouveau record d'enregistrement quotidien de comptes MCA a été établi le 8 avril.

Le 13 mars seulement, nous avons signalé le fait que 727 nouveaux clients ont rejoint notre famille de titulaires de comptes MCA satisfaits en une journée seulement ! Aujourd'hui, nous célébrons un nouveau niveau de référence - 778 nouveaux comptes par jour !

Le nombre quotidien moyen d'enregistrements des nouveaux comptes MCA a doublé chaque trimestre. Nous sommes heureux d'annoncer que le dynamisme reste positif et que nous envisageons l'avenir avec grande confiance. La confiance de tous nos clients existants et prospectifs qui comptent sur nos services constitue une base solide pour le développement du secteur "retail baking" de l'activité de Dukascopy Bank! Restez à l'écoute !

05.04.2019

Programme de parrainage "BIG FISH" - niveau 2

Dukascopy Bank lance un deuxième niveau pour le programme de parrainage appelé Big Fish. Il est basé sur le même code de référence utilisé pour le programme de parrainage existant lors de l'ouverture de comptes courants mobiles (MCA). Le programme Big Fish introduit un nouveau bonus supplémentaire de 100 DUK+ versé au référant de chaque client MCA dont le compte atteint plus de 10 000 Dukascoins. Le bonus Big Fish est versé en plus du bonus standard de 5 DUK+.

Plus de détails sur le programme de référence pour les clients existants peuvent être trouvés ici.

04.04.2019

LE DUKASCOIN FAT CATZ CLUB EST OUVERT !

Dukascopy Bank a le plaisir d'annoncer que le club Dukascoin Fat Catz ouvre ses portes. La banque vous informe que les membres de ce club prestigieux se partageront la commission collectée par la banque suite aux autres opérations d'échange par les détenteurs de Dukascoins. La banque facture 1% pour chaque transaction sur le marché des Dukascoins. Cette commission est collectée et distribuée parmi les membres du club Fat Catz. Pour devenir membre du club, il faut accumuler plus de 10 000 Dukascoins.

À l'attention des investisseurs potentiels, le rendement annualisé calculé en mars était d'environ 74%.

Nous sommes heureux d'inviter nos clients à visiter la page web du club Dukascoin Fat Catz via ce lien et à obtenir plus de détails sur les avantages de devenir membre du club.

03.04.2019

CONVERTIR VOS DEVISES À DES TAUX IMBATABLES SUR VOTRE COMPTE MCA !

Le change de devises est devenu encore plus agréable et avantageux qu'auparavant. Dukascopy Bank abaisse la commission liée à la conversion des 23 devises disponibles. Les taux de change ne dépassent désormais pas les 0,5% comparé aux taux de change interbancaires. Les résidents suisses bénéficient d'une réduction supplémentaire de 50% pour les frais standard. Pour bénéficier de nos conditions favorables, connectez-vous simplement à votre compte MCA ! Si vous n'avez pas encore de compte, vous pouvez toujours en créer un en téléchargeant notre application mobile Dukascopy Connect 911 depuis Google Play ou Apple Store et en visitant la section "Banque" de l'application. Vous pouvez trouver d'autres informations sur les frais sur le site web du compte MCA.

02.04.2019

CONDITIONS DE RÉCOMPENSE EXCEPTIONNELLES EN EUR POUR LES DÉPÔTS EN DUKASCOIN

En raison de la forte demande des investisseurs, Dukascopy Bank a décidé de prolonger la proposition exceptionnelle de récompense en EUR sur les dépôts Dukascoin de 1 an.

À partir du 1er avril 2019, les exigences de dépôt minimum par mois deviendront 2 000 Dukascoins. Selon ce programme, Dukascopy Bank attribue 50 centimes d'euros pour chaque Dukascoin déposé pour une période d'un an.

Les conditions détaillées du programme de récompenses en EUR sont disponibles pour les clients de la banque ici.

27.03.2019

DECOUVREZ LE DUKASCOIN EN ARGENT !

Pour les clients qui ont plus de 1000 Dukascoins sur leur compte MCA et qui veulent émerveiller leurs amis et leurs partenaires commerciaux par un souvenir exclusif, Dukascopy Bank offre une occasion unique de commander un "Silver Dukascoin" (Le Jeton en argent) !

La pièce physique portera une valeur de 10 EUR en métal argent au moment de la commande. Un nombre limité de 1 000 Dukascoins d'argent sera offert aux clients avec une règle d'allocation maximale d'un seul Dukascoin en argent par titulaire de compte. Les clients qui possèdent au moins 1000 Dukascoins sur leur compte MCA ou qui ont placé un montant correspondant dans l'un des programmes de récompenses proposés (récompense en Jetons ou en EUR) au moment de la commande du Dukascoin en argent sont invités à s'inscrire. Chaque boitier souvenir "Silver Dukascoin" inclura le Jeton en argent et un Certificat d'Origine numéroté, signé par le directeur général de la banque Dukascopy.

La Banque garantit que le nombre de "Silver Dukascoins" sera strictement limité à 1000. Ainsi, le "Silver Dukascoin" deviendra le véritable symbole de votre exclusivité.

La dimension du Jeton physique sera de 33 x 2,5 millimètres. Cliquez sur ce lien pour voir le design de la pièce. Le prix du Silver Dukascoin est de 20 DUK+. Ce montant de DUK+ et les frais d'expédition seront facturés en fiat et en crypto directement sur le compte du titulaire. Si le client désire, il peut garder le Silver Dukascoin dans le coffre-fort de la banque sans frais et le récupérer personnellement ou réclamer un envoi ultérieurement.

Actuellement, les clients qui souhaitent acheter le Silver Dukascoin sont invités à envoyer une demande à crypto@dukascopy.bank en indiquant leur compte et / ou leur numéro de téléphone correspondant à leurs compte MCA. Un formulaire de commande particulier pour les Silver Dukascoins sera développé et pourra être téléchargé sur le site web www.dukascoin.com.

Dukascopy Bank proposera ultérieurement un nombre limité de Dukascoins en or. Les conditions de la commande et du design seront bientôt publiées.

15.03.2019

LES COMPTES DUKASCOINS ET MCA SONT MAINTENANT DISPONIBLES POUR LES ENTITÉS JURIDIQUES

Dukascopy Bank a décidé d'offrir le Dukascoin à cette catégorie de clients en raison d'une augmentation spectaculaire de la demande de services de compte MCA et de l'accès à notre nouvelle crypto-monnaie par des entités juridiques. Toutes les entités juridiques ne disposaient que de deux options pour obtenir Dukascoin auparavant : soit devenir parrain et obtenir des Dukascoin pour les nouveaux titulaires de compte MCA, soit acheter des Dukasoin sur notre marché intérieur. À partir de la semaine prochaine, les entités juridiques qui vont ouvrir des comptes MCA recevront 5 Dukascoins gratuitement. Ainsi, tous les clients qui ouvriront un compte MCA pourront participer au Airdrop des Dukascoins.

14.03.2019

727 NOUVEAUX COMPTES MCA PAR JOUR ! UN NOUVEAU RECORD ATTEINT LE 13 MARS.

La Banque Dukascopy est heureuse d'annoncer à tous les lecteurs et lectrices qu'un nouveau record en enregistrements quotidiens de ouverture de comptes MCA a été établi le 13 mars 2019.

727 nouveaux clients ont rejoint notre famille de titulaires de comptes MCA en seulement une journée ! Nous croyons fermement que ce record ne tiendra pas longtemps. Selon nos statistiques, le nombre quotidien moyen d'enregistrements des nouveaux comptes MCA a doublé tous les trimestres. Nous avons constaté que tous les trois mois, le nombre de comptes ouverts double d'une manière consistante. En janvier 2018, nous étions encore autour d'une moyenne timide de 22 comptes par jour, et en un an seulement, notre équipe a atteint un nouveau sommet impressionnant!

Nous apprécions vraiment la confiance de tous nos clients existants et prospects qui comptent sur nos services! Restez à l'écoute!

13.03.2019

LE PREMIER DÉPÔT DE RÉCOMPENSE FIAT A ÉTÉ ENREGISTRÉ

Après le moment historique où le premier dépôt "Coin Reward" avait été enregistré (voir communication du 12.03.2019), Dukascopy Bank a le plaisir de vous informer d'un autre événement historique: le premier dépôt annuel en Dukascoins avec une récompense Fiat a été enregistré! Le montant de ce premier dépôt est de 2 000 Dukascoins et le retour annuel pour l'heureux propriétaire est de 1 000 EUR! Selon les conditions du programme de récompense "Fiat Reward", une récompense de 0,5 EUR pour chaque dépôt en Dukascoin est versée au début du terme du dépôt et est bloquée jusqu'à sa date d'expiration.

Dukascopy Bank félicite le chanceux détenteur de ce dépôt! Ce client a réussi à accumuler le montant au taux de change moyen de 0,87 EUR pour 1 Dukascoin. Cela signifie que la récompense réelle pour le dépôt est de 57%. Bravo!

Jusqu'à la fin du mois de mars 2019, le montant minimum du dépôt Fiat Reward requis est réduit à seulement 1 000 Dukascoins! Les clients intéressés par cette offre sont invités à obtenir une confirmation de la part de Dukascopy Bank avant d'acquérir des Dukascoins à cette fin car la banque dispose d'un droit discrétionnaire de limiter cette offre. Vous pouvez obtenir de plus amples informations en consultant la description détaillée du programme ici.

12.03.2019

LE PREMIER COIN REWARD DEPOSIT EN DUKASCOIN EST ENREGISTRÉ

Dukascopy Bank est heureuse de vous informer que le premier dépôt annuel en Dukascoins a été enregistré! Le montant du premier dépôt est de 1024 Dukascoins et le retour annuel pour le propriétaire chanceux est de 40% versé en Dukascoins. Selon les conditions du programme, la récompense pour le dépôt en Jetons est versée au début du dépôt et est bloquée jusqu'à l'expiration du terme.

Dukascopy Bank félicite le détenteur chanceux de ce premier dépôt. Ce client à la possibilité d'obtenir des Dukascoins à un taux de change extrêmement lucratif.

Le rendement d'un dépôt d'un an est progressif jusqu'à 100% et dépend de manière significative du montant alloué. Merci de consulter la description détaillée ici.

28.02.2019

Dukascopy Bank launches its cryptocurrency - Dukascoin

Dear clients,

As we communicated earlier, Dukascopy Bank was striving to become the first regulated bank to launch its own cryptocurrency. The start of the project was planned for the 1st of March. However, we got to know that Japanese Mizuho Bank has equally announced their token to be unveiled on the same day. We accept the challenge and move the date of the launch to the 28th of February - one day in advance. We believe that our great team developing this project for many months with incredible enthusiasm deserves to be the first worldwide. Please meet Dukascoin - the first cryptocurrency issued by a regulated bank. All details and related information including white paper are available at www.dukascoin.com. Information for press can be found here.

Starting from today, anyone can participate in the Airdrop, trade Dukascoin at the marketplace and enjoy its benefits.

Below we publish an open letter from the bank's co-CEO Dr Andre Duka.

14.01.2019

The Dukascoin website and White Paper have been published

Following its Dukasсoin project road map Dukascopy Bank SA is proud to announce that the project’s website (www.dukascoin.com) is currently on-line. Visitors can find general information about the project, up-to-date news and download the first official release of the Dukascoin White Paper.

After months of fine tuning the project concept with independent professionals, auditors and approval from the side of the Swiss financial regulator FINMA, Dukascopy Bank SA is ready to publish the document clearly describing the goals of the first cryptocurrency by a regulated Swiss bank and methods how the bank is planning to achieve those goals. Nevertheless Dukascopy Bank SA is open for propositions, ideas, comments and suggestions generated by the community regarding the White Paper topic. Those who want to share their ideas and comments may do so by e-mail address at crypto@dukascopy.bank

Dukascopy Bank SA is planning to launch the service on-line starting from March, 1 2019. Information regarding Dukascoins in circulation, exchange rate, real-time chart and market depth will become live after the project launch.

07.01.2019

The trademark DUKAS was registered in Switzerland

Dukascopy Bank S.A. is proud to announce that the trademark DUKAS has been successfully registered in Switzerland under the ?725155, registration date: December 13, 2018. 

Swiss intellectual property regulation and protection are well known as one of the strongest in the World. Registration of the trademark DUKAS under such a strict rules is the logical step of Dukascopy Bank S.A. to protect its customers from possible fraudulent practices before the first crypto of Swiss regulated bank. It gives the bank legal instruments to influence the fraud and other unsolicited activities which can occur around Dukascoins and other bank’s crypto products.

DUKAS trademark has been registered for services under Class 36 of International Classification of Goods and Services for the Purposes of the Registration of Marks (Nice Classification) and intended to strengthen an existing trademark portfolio of Dukascopy Bank SA for services relating to issuing and redemption of electronic value units and management of such value units through electronic wallets including operation with cryptocurrencies and related activities.

19.12.2018

Follow up on media reaction

As a reaction to numerous publications in the media the Bank noticed that a number of articles published in the press do not correctly reflect the information given in yesterday's announcement. It concerns only Dukascoin crypto project. Dukasnote is a totally separate project which will be implemented and announced later.
18.12.2018

FINMA gives green light to Dukascoin

Dukascopy Bank is proud to announce that FINMA has informed us today, that there are no further regulatory obstacles to Dukascopy’s own crypto project. The Dukascoin will be the first ever cryptocurrency of a Swiss Bank.

The preliminary version of a White Paper was originally published on 27.09.2018 to attract critics and call on experts' opinions. We would like to thank all professionals who contacted us and who have contributed to refine the project. Dukascopy will publish an updated version of the White Paper soon and inform about further steps and deadlines.

Public launch of the Dukascoin is expected at first of March 2019. Until then we have yet to finalize the environment and to pass audit and bounty test. It is with great joy that we proclaim today the start of the era of the Dukascoin - first ever crypto currency issued by a bank under strict regulations.

08.11.2018

Dukascopy Bank: crypto-funding available for test

Preparing the launch of Dukascoins, Dukascopy Bank (or "the Bank") announces the Live testing of its crypto-funding functionality, which is an important element of the infrastructure built by the Bank for operating with crypto-currencies.

What does crypto-funding stand for? This is the bridge between the client’s account with Dukascopy Bank and a crypto-currency wallet of that client in blockchain. The new functionality allows the Bank’s customers to deposit and withdraw funds to/from their crypto-fundable accounts with the Bank in the form of crypto-currency transfers. In the framework of that service, top-ups and withdrawals are possible only from/to a blockchain wallet where the client is the sole owner.

27.09.2018

Dukascopy Bank
crypto

In the frame of its strategy to be a crypto friendly bank Dukascopy announces its own crypto projects. Launch is subject to the green light from the Swiss Financial Market Supervisory Authority FINMA.
By doing this public announcement the Bank would like to:
  1. attract the critics, contribution and participation of the professional community for improving the concept and eliminating mistakes in the strategy;
  2. call the experts in crypto smart contracts development for cooperation;
  3. invite experienced auditors of crypto smart contracts to take part in the smart contract audit;
  4. invite active professionals to participate in planned Bug Bounty tests of Dukascopy Bank's smart contracts.
Dukascopy Bank's crypto concept version of 27.09.2018 can be found here.
We stress that until the authorization of FINMA, these materials are not a public offer or a promise of service.
Parts of the concept that are confidential are accessible under NDA conditions.

Feel free to send your notes, commentaries, proposals and requests to the e-mail address crypto@dukascopy.bank.

19 June 2018

Dukascopy Bank welcomes crypto exchanges and crypto brokers

Following its strategical decision of becoming a crypto friendly Swiss bank, Dukascopy Bank is pleased to announce that it makes a second step in this direction, opening accounts for players of the crypto industry.