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Blockchain & Bitcoin Conference Switzerland
9
October2018

Ethereum and another three altcoins have been introduced in Swissquote online bank

Ethereum and another three altcoins have been introduced in Swissquote online bank

A large bank Swissquote announced its welcome of four emerging cryptocurrencies: Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), and Ripple (XRP). Bitcoin was included in the list of available assets a few months earlier.

The bank clients now have an opportunity to trade popular crypto assets paired with world-known currencies — EUR (euro) and USD (U. S. dollar).

According to the online bank CEO Marc Bürki, this solution is a step towards the clients: cryptocurrencies are increasing in popularity, which drives the interest of many investors. New services of Swissquote would make the operations comfortable and secure.

The bank had already given its clients an opportunity to invest in bitcoin, which proved to be a very successful experience. That is why other cryptocurrencies were added so as the clients could diversify own cryptocurrency portfolio.

Swissquote risk policy is pretty conservative so no leverage is provided. Such rules are a rarity among similar platforms.

 

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