The good thing about it being a bank is your fiat has the bank guarantees, I think 100K EUR and they have extremely high Crypto insurance. You also get a bank account and debit card for spending or sending it.

Until Bitcoin becomes a widely adopted currency, being able to convert Bitcoin to fiat on the fly and back again is going to be important for the next few years.

They also support stablecoins on the Ethereum network, which is another bridging option for the next few years.

I can spend or receive fiat through their debit card or account and I can spend or receive Bitcoin and Stablecoins through the apps wallet.

I can also exchange automatically or manually from fiat, stablecoins or Bitcoin.

I think it's going to be very useful, but I'm not treating it like a crypto exchange, despite it having that capability.