Swissquote Adds 9 Additional Cryptocurrencies for Retail Trading
by Fintechnews Switzerland April 22, 2021Swiss 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.
