Homepage > News > Swissquote intends to launch its own cryptocurrency exchange

Swissquote intends to launch its own cryptocurrency exchange

Swissquote plans to open a cryptocurrency exchange and wants to do so in the first half of 2022. Other ambitions in the cryptocurrency space include becoming the “leading Swiss provider of digital assets”. For this purpose, the broker intends to expand its cryptocurrency offer.

If the Swissquote cryptocurrency exchange goes live as planned, there will be a sudden increase in the availability of trading platforms for digital assets in Switzerland. In recent weeks, the Swiss stock exchange SIX launched a fully licensed SDX exchange.

Just a few days later, Berner Kantonalbank launched the SMEIX platform. Earlier, in September 2020, the cryptocurrency bank Sygum received the green light from regulators to launch a new trading system that also functions as a cryptocurrency asset exchange.

The company increases employment

Swissquote increased the number of employees last spring in response to the surge in demand for digital assets and continues to increase employment. The increase in employment resulted in shortening the waiting time for connection to the service center.

– Our compliance and customer service teams have been almost overwhelmed by the cryptocurrency rush. Now we regularly manage to open a trading account in one day, says Jan De Schepper, Swissquote Sales Manager.

Author: Izabela Kamionka

Are you a trader?

Help others and rate your broker! Use the search engine or find your broker on the list.

exante baner

Last news:

bucharest exchange with record value of transactions

Stocks Surge on Positive May Jobs Report and Senate Debt Ceiling Bill Approval

Stocks rallied on Friday following the release of a robust May jobs report and news ...
Read More

FDIC Reports Largest Deposit Decline in US Banks in 39 Years

US banks faced a significant setback in the first quarter as they experienced the largest ...
Read More

Nvidia CEO Receives Rock Star Reception in Taiwan as AI Stocks Surge

Jensen Huang, the CEO of chip phenomenon Nvidia Corp. (NVDA), is currently enjoying celebrity treatment ...
Read More
turkish lira

Turkish Lira Hits All-Time Low as Erdogan Wins Re-election

The Turkish lira reached a new record low following the re-election of incumbent President Recep ...
Read More

Add a comment

Your email address will not be published. Required fields are marked *


Note: Opinions and posts on ForexRev.com represent personal opinions and views of their respective authors and should not be interpreted as recommendations to purchase or sell securities. ForexRev.org assumes no responsibility or liability for such content.
Go to top