The largest online bank of Switzerland Swissquote launches its own crypto exchange-Exchanges

The largest online bank of Switzerland Swissquote launches its own crypto exchange-Exchanges

The largest online bank in Switzerland, Swissquote, reports on its own trading platform for cryptocurrencies. The company sees a high demand for trading cryptocurrencies. "Our compliance and customer service teams were almost overrun by the crypto storm."

The largest online bank in Switzerland is launching its own cryptocurrency trading platform

The largest online bank in Switzerland, Swissquote, allegedly prepares the introduction of your own cryptocurrency trading platform.

Jan de Schepper, Chief Sales and Marketing Officer at Swissquote, said Finews.asia publication that his company is planning to open his own crypto exchange before the end of the first half of 2022. Swissquote wants to "become the leading Swiss provider of digital assets," he said, adding:

We want to enable more trade in different cryptocurrencies on the platform.

The company also plans to include stable coins and staking services in its list of cryptocurrency offers.

The Swiss bank currently supports 24 cryptocurrencies: Bitcoin, Ethereum, Litecoin, xrp , bitcoin cash, chain member, chain member, chain member Ethereum Classic, Eos , Tezos, Augur, Ox, Cardano, Uniswap, Aave, Cosmos, Algorand, Filecoin, Maker, Compound, Year.Finance, Dogecoin, Polkadot and Solana.

In response to the increasing demand for cryptocurrencies in the past spring,

Swissquote has started to expand their workforce and will hire further employees to advance the further expansion, de Schepper confirmed and explained:

Our compliance and customer service teams were almost overrun by the crypto storm.

The company's net profit from crypto investments rose by over 1000% to CHF 63.2 million in the first half of 2021.

What do you think that Swissquote launches its own cryptocurrency exchange? Let us know in the comment area below.

Kevin Helms

Kevin, a student of Austrian economics, found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open source systems, network effects and the interface between economy and cryptography.


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