Swissquote Expands Crypto Offering with Solana

Fazzaco learned that Swissquote, Switzerland’s leading bank in online financial services, has added Solana to its cryptocurrency offering, bringing the total number of cryptocurrencies available on the platform to 24.

Solana, the blockchain behind decentralized exchange Serum, uses SOL to pay for transactions. Founded by a former Qualcomm and Dropbox engineer, Solana is based on a combination of two validation techniques: Proof of Stake and Proof of History. Its developers claim that the blockchain is faster and cheaper than Ethereum.

​Let’s recall that, in July, Swissquote added Polkadot to its cryptocurrency offering. Polkadot is a network protocol that allows different blockchains to connect and communicate with each other, aiming to enable a completely decentralized web where users are in control. The bank introduced Dogecoin​ to its offering in June.​ Launched in 2013, Dogecoin is an open source peer-to-peer digital currency, best famous for its funny appearance in one of the most famous internet memes, which features the impressive Japanese dog breed Shiba Inu.