Swissquote to Expand Cryptocurrency Offering

Swissquote, Switzerland’s leading bank in online financial services, has responded to traders’ need and plans to expand its cryptocurrency offering.

According to the post on Swissquote’s social media, responding to the demands of clients, the Geneva-headquartered company will unveil 5 new cryptocurrencies and its clients will discover 4 more. Currently, it offers 12 cryptocurrencies, providing clients with all the advantages digital currencies are able to offer.

The company has not officially confirmed which cryptocurrencies it will add to its offering, in several rounds of polls, traders prefer the following cryptocurrencies: Algorand $ALGO, Band Protocol $BAND, Aave $AAVE, and Dogecoin $DOGE.

Last month, Swissquote Bank Euro has launched cryptocurrency trading service​. With this newly launched trading service, Swissquote Bank Europe's clients can own and trade a range of cryptocurrencies from one multi-asset bank account. Swissquote currently provides 12 cryptocurrencies, offering traders direct access to buy and sell cryptos. Traders can also trade in securities that aim to track the price of cryptocurrencies issued by 21Shares and CoinShares on the Swiss Exchange and Nasdaq Stockholm.

Swissquote offers its clients global access to financial opportunities including US and international exchanges through self-directed investing or managed accounts in 22 currencies, and all the tools they need to make informed decisions and trade with confidence.