SwissQuote, Switzerland’s Largest Online Bank, to Launch Crypto Exchange in H1 2022
SwissQuote’s sales and marketing director, described as Switzerland’s largest online bank, revealed that the bank intends to launch a crypto exchange by the first half of 2022.
The senior official added that the bank pursues the following goals with regard to the exchange:
- Become the premier provider of digital assets
- Offer exchanges for a wide variety of cryptocurrencies
- Add Stable Coins and Staking to Its List of Crypto Offerings
The bank already supports a wide variety of cryptocurrencies – 24 in total – including major coins like BTC, ETH, and Solana. However, the list also includes less famous coins, such as:
- piece of money
The biggest push to start an exchange is informed by the success the bank has had with its crypto services. For example, in the first half of 2021, the company’s net income from crypto investments grew by over 1000%.
Its net income from crypto investments is said to have increased by more than 1,000% to reach 63.2 million Swiss francs in the first half of 2021 – part of the success that saw it increase its workforce.
Officials at the bank report that its compliance and customer service teams have been overwhelmed with keen interest.
RECOMMENDED READING: Use of mobile banking services increased to over 34% in 2021, according to Central Bank of Kenya
Thank you for your support in helping us create content:
BTC address: 3CW75kjLYu7WpELdaqTv722vbobUswVtxT
ERC20 address: 0xBc11cFa590C6CC465248D77d399C3106B881cC0E
follow us on Twitter for the latest posts and updates
Join and interact with our Telegram community
Subscribe to the channel below to stay informed of the latest video news: