Swiss National Bank’s PostFinance Introduces Ethereum Staking Service with Low Threshold of 0.1 ETH to Seize Market Opportunities
Swiss state-owned bank PostFinance has announced that it will offer Ethereum (ETH) staking services to its approximately 2.7 million customers, with a minimum requirement of only 0.1 ETH. This move signifies the bank’s further expansion into the cryptocurrency market and highlights the vibrant development of the Ethereum staking market.
PostFinance Launches ETH Staking Service
As a fully government-owned bank in Switzerland, PostFinance revealed in its announcement yesterday that it will provide Ethereum staking services to its customers, who represent about a quarter of the total population in Switzerland, thereby significantly lowering the barrier for participation in the cryptocurrency market.
PostFinance’s Introduction Video of Staking Service
Users only need to hold a minimum of 0.1 ETH (currently valued at approximately $337) to participate in the staking service, which is much lower than the typical requirement of the Ethereum network, which is 32 ETH (approximately $106,000).
It is reported that the fixed staking period for this service must be at least 12 weeks, and users can sell the rewards obtained from staking. A 20% fee will be charged on the staking rewards.
PostFinance: Complete Integration,
Easy Participation and Tracking
Alexander Thoma, the digital asset manager at PostFinance, stated that this staking service is based on the native staking functionality of the Ethereum blockchain and has been seamlessly integrated into PostFinance’s existing services. The staking rewards of users will be displayed directly in the asset list along with other cryptocurrencies, allowing users to easily track their earnings and manage their assets.
Currently, PostFinance only supports Ethereum staking services, but according to their explanation, they may gradually provide staking options for other cryptocurrencies in the future to meet the needs of more customers.
(PostFinance is Offering ETH Staking Service to Its Customers, Lowering the Barrier for Participation in the Cryptocurrency Market)
Based in Switzerland,
PostFinance Actively Expands into the Crypto Space
As the financial services division of Swiss Post, PostFinance manages assets totaling around 124 billion Swiss francs (approximately $136 billion), and this is not the bank’s first foray into the digital asset field:
In 2021, they launched digital collectibles linked to physical stamps.
In 2022, they began building a cryptocurrency custody platform.
In 2023, they collaborated with digital asset bank group Sygnum to launch cryptocurrency trading and custody services.
On the other hand, Switzerland is widely regarded as a crypto-friendly country, and local Bitcoin supporters have recently called on the Swiss National Bank (SNB) to include Bitcoin in its currency reserves. They are rushing to collect at least 100,000 signatures by June 30, 2026, in order to initiate a national referendum.
(Switzerland Faces Nationwide Referendum for Including Bitcoin in National Currency Reserves)
It is evident that PostFinance’s move highlights the trend of traditional finance further integrating into the crypto market, undoubtedly increasing opportunities for people to enter the crypto world and providing a reference for other financial institutions.
Risk Warning
Cryptocurrency investment carries a high level of risk, and the price may fluctuate dramatically, resulting in a potential loss of the entire principal. Please carefully evaluate the risks.
