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Hitting The Ground Running: Coinsquare hits Europe as it launches in 25 countries
While it is a very well known cryptocurrency exchange in Canada, it is one of the largest in the country. It was made public that this position coincides with a stormy launch in the European Union, with over 25 exchanges across the continent. This is according to a report on Wednesday 19 December.
Inside the declaration, Coinsquare announced that he has worked to significantly expand opportunities for himself within the market. Significant to be a euphemism because the exchange was able to send it to revive about 1,200%. This gives the company, and a growing pool of customers, the opportunity to trade and do business with what is the third largest market in the world.
For Europeans, it represents a much broader range of trading in the cryptocurrency market, which now includes the purchase and sale of ETH, BTC, BCH and a large number of others.
Alongside this exposure, customers operating within the continent will have immediate access to Coinsquare's existing services such as wealth concierge, API for business-to-business customers, as well as access to investment markets. of capital for family office investors and institutional investment markets.
One of the areas that remain gray is the number of methods that EU-based customers have when it comes to financing their account.
The CEO of the companyCole Diamond went into detail on the company's movements in recent years:
"From the early days, Coinsquare has focused on creating the most compliant and secure commercial business in the cryptocurrency space".
Diamond continued to discuss the constant evolution of the platform, concluding that the climate was right for the company to expand to other markets.
"After building a great deal of new infrastructure, getting a successful third-party financial audit and securing high-level Canadian banking services, we felt it was time to expand our offering to another market. with Europe given the size of the opportunity and our ability to offer something unique for that market ".
Coinsquare pushes the initiative
The announcement of over 25 exchanges across the European Union is a fulfilled promise that the company has traced back to August, adding that at the moment operations in the EU will be fully launched by the end of 2018, according to the financial news site Finance Magnati concluded at the time.
This drive towards the international markets by the Canadian Coinbase (as it was sometimes referred to) is the first time it has moved from the North American continent. Diamond went on to state the reason for the push through the ocean.
"Europe is a rapidly growing cryptocurrency market and the cryptocurrency community is thrilled to have an option that puts security, compliance and risk management at the forefront of its offering," added Diamond.
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