Coinsquare announced in a recent announcement that they will move to Europe, marking their first expansion outside of Canada where they are based. This means that all coins on the bags will be available for trading throughout Europe.
The exchange currently offers services for Bitcoin [BTC] Bitcoin Cash [BCH] Ethereum [ETH] Litecoin [LTC] XRP, Dogecoin [DOGE] and Dash [DASH]. Coinsquare's move is to further consolidate its position to build a reliable global platform for buying and trading digital assets.
In particular, the exchange is one of the first regulated and fully compliant trading platforms. Thomas Jankowski, Coinsquare's Chief Digital and Growth Officer, said:
"Coinsquare is a regulated and fully compliant trading platform and we are thrilled to offer the same secure and intuitive interface to the European market as Canadians. "
The platform is usually hailed as Coinbase of Canada and allows its users to exchange cryptocurrencies with fiat. The platform has already made giant strides in the international community, as this news comes after the announcement that they will collaborate with a Japanese exchange through DLTa21, an investment bank for cryptocurrency.
In addition, the exchange recently announced another addition to their suite of products known as Coincapital. This is a new investment fund and portfolio manager that aims to provide a diversified set of investments. They also launched a platform division known as Coinsquare Licensing, which aims to provide solutions for cryptocurrency trading.
Coinsquare CEO, Cole Diamond, said:
"Already the major cryptocurrency exchange in Canada, we are careful in the way we expand internationally to ensure that we can offer the same high quality service and safe in every country where we operate. "
He also said that this is a step forward towards Coinsquare's vision of becoming a" global financial institution of the 21st century ". In particular, the exchange moves $ 5 billion in annual value and has over 100,000 customers.
Logan Gagnon, a Canadian cryptocurrency investor, said:
"Coinsquare is an option in Canada that trusts many, and moving to Europe could push their adoption as they are quite a name recognizable in the Canadian market, and this is one of the first steps in the exchange for global expansion. "