Swissquote’s Yuh app adds three new cryptocurrencies to offering
The Yuh app, launched by Swissquote and PostFinance in May 2021, has announced the addition of three new cryptos to its offering. Investors can now make use of Algorand, Cosmos and Filecoin.
This happens less than two weeks after the app added Solana and Uniswap to its crypto portfolio.
In August, Yuh added Polkadot. This is a next-generation blockchain protocol that enables different blockchains to connect and communicate with each other. The protocol was launched with the idea of creating a better internet, where control is returned to the individuals and not to large corporations. It was designed by Ethereum’s co-founder, Gavin Wood.
The latest additions mark further expansion of Yuh’s cryptocurrency lineup. The list of crypto-assets to trade includes the most popular cryptos such as Bitcoin and Ethereum. The app offers its users to buy, sell or hang on to the most sought-after cryptos. It offers easy-access: traders can buy crypto fractions for as little as 25 USD.
In terms of payment, Yuh aims to help its users get their finances under control. A free Yuh Mastercard, real-time tracking, multi-currency accounts: everything is done to simplify and shed light on users’ finances.
Users of the app can invest in a variety of investment products, including shares and cryptos.
A unique feature offers users of the app to make use of Swissqoins. Swissqoin (SWQ) is an innovative crypto token backed by a reserve of Swiss francs that grows every month, as Yuh reinvests 10% of its revenue back into it. The more you use the app, the more Swissqoins you get, and the more you benefit from Yuh’s revenue. Traders can keep Swissqoins or redeem them for cash.