On Monday, the Swiss banking group Swissquote announced the addition of four alctoins to its trading platform. This is written by Finance Magnates.
In addition to bitcoin, online banking customers can now trade Ethereum, Bitcoin Cash, Litecoin and Ripple against the euro and the US dollar. The bank was informed that they chose these coins, based on their clients’ requests and their liquidity.
In July, Swissquote entered into an agreement with Bitstamp, in which the bank’s customers were able to trade bitcoin in pairs with the euro and the US dollar. The company noted that the demand for these instruments surpassed their expectations.
“Our offer on bitcoin trade had a huge success and surpassed our expectations. We are expanding the offer to help investors diversify their portfolios with crypto-currencies, as they do with traditional assets, “said Markqueek, CEO of Swissquote. “Crypto-currencies are gaining popularity faster than anyone could have imagined. Presenting them on our platform, we make crypto-investment easy, safe and affordable for everyone. “
At the end of November, Swissquote announced the creation of a “first managed bitcoin certificate,” designed to manage investors’ assets based on signals from social networks.