Swissquote to expand cryptocurrency offering
Swiss online trading firm Swissquote has responded to traders’ demands and is adding more cryptocurrencies to its offering.
Tomorrow, the company will unveil five new crypto-currencies and the following week its clients will discover four more.
Although Swissquote has not yet officially announced which cryptocurrencies it will add to its offering, it is useful to recall that in a set of polls, Swissquote’s Twitter followers indicated the preferred additions as: Algorand $ALGO; Band Protocol $BAND; Aave $AAVE; and Dogecoin $DOGE.
Regarding the “traditional” crypto trading, let’s note that Swissquote currently offers 12 cryptocurrencies, providing traders with all the advantages digital currencies are able to offer.
The company also offers its clients to trade crypto-linked Exchange Traded Products (ETPs) for a secure and low-cost alternative to gain exposure on digital coins. These products may be of interest to those who are looking for the real gems in crypto trading, combining some classics of financial investment with the high potential of cryptocurrencies.
Recently, Swissquote has welcomed Swiss product issuer 21Shares AG to its ETP leader section. 21Shares AG aims to make investing in crypto assets as easy as buying shares using a conventional broker. Their ETPs (exchange-traded products) are 100% physically backed, segregated and allow retail and institutional investors to be a part of the best performing asset class of the last decade.