Even though the crypto market has seen some better days, more and more cryptocurrency exchanges seem to be in a very good spot right now, hence, the unprecedented scale at which they are expanding.
This week, it’s Coinsquare’s turn to make headlines, as the Canadian crypto trading service has just announced that it will be starting its European expansion starting the fourth quarter of this year.
As per the official press release, European customers will again be able to access all major digital assets the platform supports such as Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and Dash, to name some of them.
“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,” Thomas Jankowski, the Chief Digital, and Growth office of Coinsqare declared.
More good news for Coinsquare
The Canadian firm seems to be on a roll when it comes to new developments, as just last week it entered into a strategic partnership with DLTa21, a global blockchain investment bank. The collaboration’s main focus is developing a new cryptocurrency exchange purposefully built for the Japanese market.
At that time, Cole Diamon, the Chief Executive of Coinsquare, said: “Entering on 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 high quality, secure service in every country we operate.”
Other noteworthy developments include the addition of XRP fiat trading to its listing just a few weeks ago, as the company aims to take advantage of various regulated markets such as the EU and Asia. With this latest move, Coinsquare joins the ranks of various other big names in the crypto trading market that also announced expansion plans despite the bearish market of 2018.
Launched in 2014, Coinsquare has since become one of Canada’s biggest crypto exchanges. One of the main advantages of the service is the fact that it allows fiat to crypto trading for a broad range of digital currencies.