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Swissquote Adds 9 Additional Cryptocurrencies for Retail Trading

Swiss banking group Swissquote announced that it is expanding its cryptocurrency offering with nine additional ones.

In addition to the leading twelve cryptocurrencies, investors can now also trade Cardano, Filecoin, Maker, Uniswap and yearn.finance (YFI).

A further four cryptocurrencies will follow at the end of the month namely Aave (AAVE), Algorand (ALGO), Compound (COMP) and Cosmos (ATOM).

With a total of 21 tradable virtual currencies, Swissquote offers comprehensive cryptocurrency trading in Switzerland.

Client demand and the liquidity available for trading were the key factors in the selection of these new cryptocurrencies. The bank first offered private clients the opportunity to trade in cryptocurrencies in July 2017, and since then the offering has been continuously expanded.

In March 2021, Swissquote had no less than CHF 1.8 billion in client crypto assets under custody.

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Fintechnews Switzerland
Fintech News Switzerland provides a source of timely, deep insights and the latest local and global news about Fintech. Launched in 2014, the Fintech News Network team works very hard to deliver fintech-centric content in various forms to an audience looking for updates on fintech events and webinars, stunning opinions from highly-reputable digital finance innovators, analysis on fintech applications from active insiders, breaking news on fintech topics and fintech market alerts.
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Permanent link to this article: https://snbchf.com/2021/04/switzerland-swissquote-adds-cryptocurrencies-retail-trading/

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