One of Canada’s largest cryptocurrency exchanges, Coinsquare, has officially launched in 25 European countries. A Coinsquare spokesperson has shared some details with news.Bitcoin.com. Users in Europe now have access to all major services the exchange offers, including all supported cryptocurrencies.
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Coinsquare in 25 Countries in Europe
Coinsquare announced on Wednesday that it has simultaneously launched in 25 countries in the European Union. The exchange first unveiled its plans to expand into European crypto markets in August.
A spokesperson for Coinsquare told news.Bitcoin.com, “We went live in beta [in 25 European countries] a couple of weeks ago, but officially live as of today,” adding that the 25 countries are:
Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Greece, Hungary, Ireland, Italy, Latvia, Liechtenstein, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, [and the] United Kingdom.
Founded in 2014, Coinsquare says that it has over 100,000 customers and claims to be “Canada’s most secure digital currency trading platform,” with a “95% cold storage policy on all digital currency.”
Its expansion into Europe “marks the first international expansion for Coinsquare, which to date has only been available to Canadian customers,” the exchange detailed.
Coinsquare CEO Cole Diamond explained that “given the size of the opportunity and our ability to offer something unique to that market,” the company decided on Europe for its first expansion. “Europe is a rapidly-growing cryptocurrency market and the cryptocurrency community there is excited to have an option that puts security, compliance, and risk management at the forefront of its offering.”
Thomas Jankowski, Coinsquare’s Chief Digital and Growth Officer, described his exchange as “a regulated, fully-compliant trading platform,” adding that “we’re thrilled to offer the European market the same secure and intuitive interface that we offer to Canadians.”
The exchange currently supports the trading of BTC against the U.S. dollar, the Canadian dollar and the euro. In addition, BTC can be traded against BCH (trading as BAB), BSV, ETH, ETC, LTC, XRP, DOGE, and DASH. Other services Coinsquare offers are investment management, APIs for B2B clients, and capital markets for institutional and family office investors.
In its Wednesday’s announcement, the Canadian exchange wrote:
European users will have access to all major services from Coinsquare including cryptocurrency purchase and trade … European customers can now fund their Coinsquare accounts with a variety of funding methods.
Funding with euros can be done via credit cards, Sepa, and bank transfers. While funding with credit cards carries a 5 percent fee, the other two funding methods carry no fee.
What do you think of Coinsquare launching in 25 European countries? Let us know in the comments section below.
Images courtesy of Shutterstock and Coinsquare.
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