Coinsquare prepares for expansion into Europe
Canada’s cryptocurrency trading platform Coinsquare, which launched in 2014, is preparing for its expansion into Europe, scheduled to take place in the fourth quarter of this year.
The Toronto-based exchange currently offers services for Bitcoin [BTC], Bitcoin Cash [BCH], Ethereum [ETH], Litecoin [LTC], XRP, Dogecoin [DOGE] and Dash [DASH]. The move by Coinsquare to make all these coins available for trading across Europe is to further solidify its position to build a trusted global platform for purchasing and trading digital assets.
Commenting on the move, Thomas Jankowski, Coinsquare’s chief digital and growth officer said: “Coinsquare is a regulated, fully-compliant trading platform and we’re thrilled to offer the European market the same secure and intuitive interface that we offer to Canadians.”
The platform, which has been dubbed “the Coinbase of Canada” enables users to trade cryptocurrencies with fiat. Coinsquare recently announced that it will be partnering with a Japanese exchange through DLTa21, an investment bank for cryptocurrency.
Other new initiatives by the exchange include the launches of Coincapital, an investment fund and portfolio manager aimed at providing a diversified set of investments and a division on the platform known as Coinsquare Licensing, offering solutions for cryptocurrency trading.
“Entering on a massive market like the European Union is an exciting step closer to Coinsquare’s vision of becoming a global 21st century financial institution,” said Cole Diamond, chief executive of Coinsquare.