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06 September 2025

Crypto Banking App Development: Ultimate Guide - 2025

A complete guide to developing a crypto banking app: key features, development steps, cost, and expert tips.

Introduction to Crypto Banking


Crypto banking has emerged as a revolutionary force in the financial sector, transforming the way individuals and institutions interact with money. By integrating cryptocurrencies into traditional banking systems, crypto banking bridges the gap between digital innovation and established financial practices. This fusion has paved the way for a new era of banking systems, where efficiency, security, and accessibility are at the forefront.

Unlike traditional banking, which relies on centralized authorities and legacy infrastructure, crypto banking leverages advanced technologies to deliver faster, more transparent, and borderless financial services. As a result, both consumers and businesses are experiencing unprecedented flexibility and control over their financial assets, signaling a fundamental shift in how banking is perceived and delivered.

What is a Crypto Bank?


Cryptobank — a modern financial application or digital platform that provides banking services based on cryptocurrencies and digital assets. Unlike traditional banks that operate through centralized structures and regulated financial networks, cryptobanks rely on blockchain technologies, smart contracts, and decentralized protocols, providing customers with a high level of autonomy, transparency, and accessibility. Many cryptobanks offer a user controlled wallet, giving users full autonomy over their digital assets and private keys.

Cryptobanks combine the best of both worlds — they provide familiar financial services, but they do so in Web3 format, where the user has expanded control over assets, and interaction processes become more flexible and efficient. Cryptobanks also streamline banking operations, reducing costs and increasing efficiency compared to traditional banks.

Digital banking features are integral to cryptobanks, enabling users to access a wide range of services similar to those found in traditional banks but within a digital context.

Evolution of Banking Systems


The journey of banking systems has been shaped by continuous technological innovation. From the early days of brick-and-mortar branches to the rise of online and mobile banking apps, each advancement has brought greater convenience and accessibility.

However, the advent of cryptocurrencies has sparked a paradigm shift, introducing decentralized, digital banking systems that operate independently of traditional financial institutions. This evolution has given rise to crypto banks—specialized platforms that offer a comprehensive suite of digital banking services using crypto assets. These crypto banks empower users to save, invest, borrow, and make payments with digital currencies, all within user-friendly banking apps.

As digital banking becomes increasingly mainstream, financial institutions are adapting to this new landscape, integrating digital assets and blockchain-driven solutions to remain competitive and relevant in a rapidly changing market.

Banking Industry Overview


The banking industry is currently experiencing a profound transformation, fueled by the rapid adoption of digital technologies and the growing demand for crypto banking solutions. Financial institutions are recognizing the immense potential of cryptocurrencies to enhance their service offerings, streamline operations, and reduce costs.

As a result, many banks are actively exploring or developing crypto banking platforms that deliver a host of benefits, such as heightened security, faster transaction processing, and a superior customer experience. These crypto banking solutions are not only reshaping the way banks operate but are also setting new standards for innovation and efficiency within the banking industry.

By embracing crypto banking, financial institutions are positioning themselves at the forefront of the digital revolution, ready to meet the evolving needs of modern consumers and businesses with cutting-edge banking solutions.

Key functions of cryptobanks:




Through the use of blockchain, cryptobanks provide a high level of transparency, process automation, low transaction costs, and the ability to access globally without the need for a local banking infrastructure.

Top examples of cryptobanks



1. Revolut


Revolut — is one of the largest European fintech startups, which has been actively integrating cryptocurrency-related services into its ecosystem since 2018. Although the company initially focused on traditional banking and payment services, today Revolut is steadily developing towards combining classic finance and digital assets in one mobile application.



The company aims to combine traditional and digital finance in one mobile interface, where users can simultaneously manage their traditional funds and crypto assets — easily, securely and in real time.

2. Nexo


Nexo — one of the most recognizable CeFi-cryptobanks offering loans secured by cryptocurrencies, high-yield deposits (up to 16% per annum), as well as a multifunctional wallet.



The project operates under licenses in a number of European jurisdictions (including Lithuania and Switzerland), which allows it to ensure a high level of regulatory compatibility. In addition, Nexo actively implements KYC/AML standards, cooperates with well-known auditors (for example, Armanino) and uses asset insurance through specialized custody platforms (such as BitGo and Ledger Vault).

3. SwissBorg


SwissBorg — this is a new generation Swiss platform that combines the capabilities of a cryptobank and an investment application. The project focuses on simplifying access to investments in digital assets for a wide audience through the use of algorithmic portfolio management and automated transaction optimization.



It combines cryptobanking functions (storage, staking, analytics) with a flexible user interface and licensed activities in Europe.

With its focus on the investment component and intuitive interface, SwissBorg is becoming one of the most promising solutions for users who want to manage their crypto portfolio within a regulated ecosystem.

4. Bankera


Bankera — an ambitious European project focused on building a complete analogue of a traditional bank based on blockchain. Initially initiated by the SpectroCoin team, Bankera aims to combine cryptocurrency technologies with familiar financial services for individuals and businesses. It includes debit cards, multi-currency accounts, loans, and even IBAN numbers for SEPA transfers.



The project is actively developing towards licensing and compliance with the regulatory requirements of the European Union. Bankera is registered as a provider of virtual asset services (VASP) in some EU jurisdictions, and is also working on obtaining additional licenses to provide a wider range of financial products.

5. Juno


Juno — this is a modern American platform aimed at integrating traditional banking services with the possibilities of working with cryptocurrency. It is a unique hybrid between a classic banking application and a crypto bank, providing a convenient transition between the two financial worlds.



Users can directly receive a salary in USD, store and convert cryptocurrencies, as well as use a debit card with support for digital assets.

The company focuses on the US market and aims to become a bridge between fiat money and the crypto economy, offering users maximum flexibility in managing their digital and traditional finances through a single application.

How Does a Crypto Bank Work?


Cryptobank’s work is a symbiosis of traditional banking infrastructure and decentralized technologies. It is based on a distributed architecture that combines the functions of storing, managing, exchanging and moving digital assets with interfaces understandable to users accustomed to classic online banking.

Crypto banks enable cost effective international transactions by leveraging blockchain technology and multi-currency support, reducing fees and processing times compared to traditional methods.

Each transaction in a cryptobank is initiated through a user interface, but technically it includes interaction with the API of third-party liquidity providers, blockchain nodes and a risk management module that monitors abnormal actions in real time.

Regulatory uncertainty remains a challenge for crypto banks, as evolving compliance requirements can impact operations and service offerings.

Modern cryptobanks are also implementing intelligent algorithms that automatically redistribute assets between different liquidity pools or staking protocols to ensure maximum profitability for customers, while integrating robust security features to protect user assets and ensure safe transactions.

In addition, many platforms are developing internal tokenomics and loyalty programs that stimulate user activity through cashbacks, bonuses, and commission reductions when using the service frequently.



Key components of a cryptobank:


Multi-currency wallet


The heart of any cryptobank — a wallet that supports the storage of various cryptocurrencies (BTC, ETH, USDT, etc.), tokens (ERC-20, BEP-20, etc.), as well as often stablecoins and fiat currencies. Depending on the model, the wallet can be:


Integration with blockchains and exchangers


Cryptobank interacts with various blockchain networks through nodes, API connections, and liquidity aggregators (for example, 1inch, Uniswap, Changelly) to ensure instant asset conversion, transaction processing, and staking.

Fiat gateways (on/off ramps)


Through payment providers (Simplex, Moonray, Mercuryo, etc.), cryptobanks allow users to deposit and withdraw funds in fiat currency, use bank cards, Apple Pay, SEPA, or SWIFT-transfers.

KYC/AML- modules


To comply with legal requirements, especially in the EU and the USA, customer identification (KYC) and anti money laundering (AML) systems are being integrated into cryptobank, for example, using SumSub, Onfido, Chainalysis. Anti money laundering measures are essential for preventing financial crimes and ensuring that crypto banks adhere to regulatory compliance frameworks.

Functions DeFi/CeFi


Depending on the model, the platform may offer, leveraging decentralized finance (DeFi) to enable cryptobanks to provide innovative financial products without intermediaries:


Mobile and web application


The interface through which users access the cryptobank functionality is as close as possible to traditional online banking, but with enhanced crypto capabilities.

How does Trustee Plus work?


Trustee Plus — one of the leading crypto banks in the CIS and Europe, offering a convenient platform for managing digital assets with deep integration of fiat and cryptocurrency transactions.



Trustee Plus is actively developing as an «all-in-one» platform, offering users access to the cryptocurrency market without having to switch between different applications. The functions of storage, exchange, purchase, withdrawal and P2P trading are combined in one interface, which makes the service convenient for both beginners and experienced investors.

The platform provides competitive rates through the use of an exchange aggregator that automatically selects the best price among the connected partners. This allows users to get more favorable terms without manually comparing offers on external exchanges.

That's how his job works:








What Blockchain Do Crypto Banks Use?


Choosing a blockchain — one of the key factors in creating a cryptobank. The right choice of platform depends on the speed and cost of transactions, the level of security, scalability, as well as access to DeFi infrastructures, NFT protocols, CBDC integrations and other Web3 services. Advanced technology underpins the reliability and innovation of modern crypto banking platforms, making it essential to select a blockchain that leverages the latest advancements.

Understanding the features of blockchains helps to create reliable and efficient cryptobanking platforms that can evolve along with the growing demands of users and the market.



Below is a list with an analysis of the most popular blockchains for cryptobanks:

Access to real time market data is a key advantage for trading and investment-focused cryptobanks, enabling timely decision-making and improved performance. When considering scalability, it is crucial to choose a scalable solution that can handle increasing transaction volumes and user growth efficiently.

1. Ethereum


Ethereum — main choice for cryptobanks working with DeFi infrastructure, tokenized assets and staking. Thanks to the support of smart contracts and high liquidity, the platform is widely used for custody solutions, lending and digital asset management.


2. BNB Chain


BNB Chain is suitable for cryptobanks aimed at the mass user: for P2P exchanges, in-game payments and other operations requiring high speed and low cost. It is often used for debit cards and cashback services.


3. Polygon


Polygon (POS) is ideal for cryptobanks focused on everyday transactions, micropayments, and Web3 functions. It is especially popular among NFT applications and platforms with high user activity.


4. Solana


Solana is used in cryptobanks offering instant transfers, payment cards, and interfaces that require high speed. It is also used in mobile applications and retail payment solutions.


5. TON


TON is chosen by cryptobanks targeted at the Telegram audience. It is ideal for P2P wallets, Telegram bot integrations, Web3 superapps, and custom financial mini-applications.


6. StarkNet


StarkNet is often used in cryptobanks as a Layer-2 solution for Ethereum, providing fast and cheap transactions while maintaining a high level of security. Suitable for custodial solutions and confidential DeFi products.


7. Tron


Tron is suitable for cryptobanks with a focus on international transfers, especially in countries with limited access to traditional banking services. It is most often used for USDT and other stable assets.


8. Avalanche


Avalanche is suitable for cryptobanks working with institutional clients or complex DeFi products. The ability to create your own Subnets makes it a flexible tool for custom financial solutions.


9. Bitcoin (through Lightning Network)


Bitcoin is used by cryptobanks to store BTC and instant P2P transfers using Lightning-networks. This is relevant for banking products with a focus on bitcoin and long-term investments.


10. Algorand


Algorand is promising for cryptobanks working with the corporate sector, government digital currencies (CBDC) and institutional investments. The PoS algorithm ensures environmental friendliness and stability of operations.


Why choosing a blockchain is Important for a cryptobank:




How to Build Own Crypto Bank?


Creating a cryptobank — is a complex process that requires not only technical competence, but also deep study of business logic, legal nuances and user experience. Crypto friendly bank development is crucial to support digital assets and seamless blockchain integration in modern financial services.

Such a product must be secure, scalable, and comply with regulatory requirements. Crypto friendly banking solutions play a key role in providing secure and reliable services tailored for crypto users. Adherence to regulatory frameworks is essential for legal operation and market acceptance, while regulatory compliance must be maintained throughout the development process. Implementing security measures and robust security measures, such as encryption and multi-factor authentication, is vital to protect user data and funds.

Below we will look at the key stages of the development of a crypto banking application.

1. Cryptobank architecture development


At the first stage, it is important to correctly design the structure of the future product: how the modules will interact with each other, what services will be required, and what external integrations should be provided. Architectural errors can lead to vulnerabilities, scaling issues, or limited functionality in the future.




2. Choosing a blockchain and a smart-contract platform


Choosing a blockchain infrastructure — one of the strategically important points when creating a cryptobank. Transaction fees, transaction processing speed, user security, and integration capabilities with external services such as DeFi protocols, stablecoins, NFT platforms, and CBDC systems depend on it.




3. UX/UI-design and prototyping


The interface of a cryptobank should be not only beautiful, but also intuitive, especially for users who have not previously encountered Web3. Mistakes in UX can cost the client money, and the product — reputation.





4. Developing the backend part


The cryptobank's backend — is the «heart» of the system, ensuring stable and secure operation of all functions. It must process thousands of transactions per second, interact with blockchains, provide KYC and connect to external services.




5. Frontend development (web and mobile client)


Frontend — this is the main link in the user's interaction with the system. It should be responsive, fast, and secure. It is also necessary to provide support for all modern devices.




6. Integration with the blockchain and deployment of smart contracts


The stage of integration with the blockchain — the exit of the cryptobank from the testing mode for the real infrastructure. By this time, the blockchains and token standards used (ERC-20, BEP-20, SPL, etc.) should already be defined, as well as all necessary smart contracts prepared.




7. Testing and QA


Testing — key stage that determines the reliability, security and readiness of a cryptobank to enter the market. When working with real money and digital assets, any mistakes can lead to serious financial losses and reputation damage. Therefore, the QA (Quality Assurance) process must be comprehensive and systematic.

Multi-level testing:




8. Legal aspects and licensing


The legal part — one of the most difficult and costly stages. Without legalization, it is impossible to fully connect bank accounts, cards and cooperate with payment systems. A cryptobank is recognized as a financial institution and must comply with relevant licensing and regulatory requirements.















































Jurisdiction Advantages Features for cryptobanks
Switzerland Clear crypto regulation, licenses FINMA Suitable for asset storage, DeFi and investment products
Liechtenstein TVTG blockchain law, loyalty policy Easy access to licenses, tokenization support
Singapore Transparent MAS rules, well-developed fintech industry An excellent choice for hybrid solutions CeFi+DeFi
Estonia Fast license issuance VASP, digital economy Suitable for crypto payments and multi-currency wallets
United Arab Emirates (Dubai, Abu Dhabi) Proactive regulation (VARA, ADGM) Ideal for scaling international projects
Salvador Bitcoin — official currency The ability to integrate BTC into the infrastructure
Gibraltar Regulated area for crypto companies It is popular among crypto exchanges and banking platforms


9. Launch, support and scaling


Launching a cryptobank — this is not the end point, but the beginning of the product lifecycle. Launching crypto banks is crucial for expanding access to digital financial services and reaching new markets. After entering the market, the most important tasks are to ensure the stable operation of the platform, the constant development of its functionality and strategic scaling.



Deployment and infrastructure:
After passing all the testing stages, the cryptobank is deployed on a highly reliable cloud infrastructure (for example, AWS, Google Cloud, Hetzner). Solutions that provide scalability, backup, and fault tolerance are selected. If necessary, containerization (Docker, Kubernetes) is used for flexible updates.

An important aspect is the constant work on protecting user data and funds.


The platform must evolve:


A clear roadmap of development is being formed for 6-12 months ahead. Key milestones are included: the integration of new financial services (for example, brokerage services), partnerships with traditional banks, the creation of their own investment products, staking pools or NFT-marketplaces.

Crypto Banking Solutions


Cryptobanks, like any other digital financial platforms, can choose one of two approaches to create their service: using ready-made solutions based on the White Label model or developing a unique system from scratch based on ready-made solutions.

A white label banking platform enables rapid deployment of branded crypto banking services, allowing financial institutions and crypto businesses to quickly enter the market. A digital banking solution integrates various financial services, including crypto transactions, merchant payments, and often a merchant payment gateway to facilitate global payments. Digital banking solutions are essential for modern financial platforms, providing seamless, secure, and innovative services.

Crypto digital banking solutions leverage blockchain technology to offer a wide range of services, supporting both crypto and fiat currencies for maximum flexibility. These solutions enable the delivery of digital financial services tailored to customer needs, helping businesses attract and retain users in a competitive landscape.

Both approaches have their advantages and disadvantages, and the choice depends on the business goals, budget, and time frame of the project.

1. Ready-made solution White Label



What is a White Label?
White Label crypto bank — a ready-made solution provided by a third-party developer, which can be adapted to the needs of a specific client. In the context of cryptobanks, it can be a platform that already includes all the necessary tools for operation: wallets for cryptocurrencies, deposits, loans, currency exchange and other banking services. The main principle of White Label is that the client can implement these solutions into their business processes with minimal effort and without significant development costs.

Advantages:


Disadvantages:


2. Developing a project based on a ready-made solution


For larger and more scalable cryptobanks that strive to provide unique services with a high degree of customization and integration with other services, the best option may be to develop a project based on a ready-made solution. In this case, the company uses a ready-made platform as the basis and modifies it according to specific requirements.

Unlike using a White Label solution «as is», in this case the company develops its own unique functions and integrates additional services such as custom smart contracts, special staking mechanisms, loans or complex DeFi-protocols.

Advantages:


Disadvantages:


How Much Does It Cost to Develop a Crypto Banking App?


The development of a cryptobank depends on its scale and functionality. The crypto banking industry is rapidly growing, which influences both development costs and market competition. Compared to the traditional banking sector, the cost structure for cryptobank development can differ significantly due to the use of blockchain technology and digital assets.

The estimated cost of development is shown below, depending on the project level:

  1. The small project

    • Cost: $20,000 – $40,000

    • Development time: 4-6 months. Small projects usually have basic functions such as cryptocurrency wallets, exchanges, and simple deposits. This solution is ideal for startups or small crypto banks.



  2. The medium project

    • Cost: $40,000 – $80,000

    • Development time: 6-9 months. Medium-sized projects include additional features such as integration with multiple blockchains, lending, staking, and comprehensive security features.



  3. The major project

    • Cost: $80,000 – $160,000

    • Development time: from 9 months or more. Major projects cover a variety of functions, including extensive customization options, support for multiple blockchains, scalability, and provision of complex financial services such as DeFi, complex loans, and innovative smart contracts.





Estimated costs after the launch of the cryptobank

































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Expense category Description Estimated cost (per year)
User support Customer service, technical support, chabot’s. $30,000 – $50,000
Updates and security Regular system updates, bug fixes, security patches, and audits. $20,000 – $40,000
Infrastructure (cloud servers) Data storage platform, databases, cloud services (for example, AWS, GCP). $50,000 – $100,000
Legal and regulatory expenses Compliance with legislation, licensing, and auditing. $10,000 – $30,000
Marketing and promotion Advertising campaigns, user engagement, and partnerships.