The crypto-market has been on the downside this year (yeah, we have seen some good days just recently), and its worth has declined by a high percentage. Nevertheless, the downside of the market hasn’t disturbed Canada’s largest crypto exchange platform, Coinsquare.
Coinsquare is a trading platform that deals with different cryptocurrencies, and in a press release yesterday, the platform announced its intentions to move to the European market. That implies that clients in Europe would have the opportunity to trade different cryptos such as BTC, ETH, XRP, etc. on its exchange platform.
However, customers are also assured of optimum security when they trade on the platform, as the Coinsquare is a prominent company in Canada. Additionally, the platform aims not only to reach out to Europe but also to new places in the world.
According to the press release that was issued by Coinsquare last week, on August 23, 2018, it is necessary to keep in mind that the platform intends to enter the EU market by the fourth quarter of 2018 to offer significant and secured services.
Coinsquare’s chief digital and growth officer, Thomas Jankowski stated:
“Cryptocurrency investors globally want a platform they can trust. Coinsquare is a regulated, fully-compliant trading platform and we’re thrilled to offer the European market the same secure and intuitive interface that we offer to Canadians.”
According to the press release, this is the first time Coinsquare is expanding internationally – but it not the first time it has ventured in the worldwide crypto market.
The company has been targeting the European market for quite some time now, and as a result, the CEO of Coinsquare, Cole Diamond, was happy about his company’s recent achievement. He described the joy in his words as,
“Entering a massive market like the EU is an exciting step closer to Coinsquare’s vision of becoming a global 21st-century financial institution. Already, the premier cryptocurrency exchange in Canada, we are careful in how we expand internationally to ensure we can offer the same quality, secure service in every country we operate.”
Before releasing its press release, Coinsquare launched a licensing platform that helps the company to white-label their technology in the crypto markets worldwide. Meanwhile, Coinsquare’s collaboration with the Vancouver-based Company known as DLTa21 will ensure a new crypto exchange in Japan.
Since the inception of Coinsquare, the company has shown an unrestrained zeal for growth. Its movement to Japan and recently to Europe is seen as an innovative growth and progress.
Additionally, Coinsquare also launched a new investment fund known as Coincapital, which will help investment products that aim to enhance blockchain technologies, artificial intelligence, and cryptos.
The exchange platform recently listed Ripple (XRP) and has supported Ripple’s XRP-to-fiat goal even though Ripple’s stance on whether it is a security or not is not yet clear as the argument is still on at the moment.
Nevertheless, Coinsquare has reportedly been on the increase this year and has shown no signs of stopping. The exchange platform aims to increase by $120 million in its finance; the cryptocurrency exchange is also making out plans to recruit more than a hundred new employees.
Image Courtesy of Pixabay.
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Disclaimer: The authors of this website may have invested in crypto currencies themselves. They are not financial advisors and only express their opinions. Anyone considering investing in crypto currencies should be well informed about these high-risk assets.
Trading with financial products, especially with CFDs involves a high level of risk and is therefore not suitable for security-conscious investors. CFDs are complex instruments and carry a high risk of losing money quickly through leverage. Be aware that most private Investors lose money, if they decide to trade CFDs. Any type of trading and speculation in financial products that can produce an unusually high return is also associated with increased risk to lose money. Note that past gains are no guarantee of positive results in the future.