For customers considering how to hold crypto, the key distinction in Discount Bank’s planned service is custody: they would be able to buy, hold and sell Bitcoin and Ether in the bank’s app without opening a separate digital wallet or an account with an overseas exchange. Fireblocks will provide the custody infrastructure.
According to ChainCatcher’s November 12, 2026 report, the service is scheduled to begin on November 26. It will be available only to Israeli residents aged 18 or older who have a securities account. ChainCatcher described it as a first for Israel’s banking sector.
The reported transaction fee is 2% of each trade. Custody fees will be waived for the first six months after launch, then charged at 0.25% per quarter. For a long-term holder, those fees and the bank-based custody arrangement are the practical terms to understand before choosing the service.
Original report published November 12, 2026, at 02:07 (UTC+8).
