The Canadian cryptocurrency exchange Coinsquare will debut its services in the European market in Q4 2018, marking its first international expansion under the Coinsquare brand.
Coinsquare’s First International Expansion
Coinsquare, a Canada-based cryptocurrency exchange, has revealed that it will expand into the European market later this year, providing European citizens with access to its entire suite of coins–including Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple, Dogecoin and Dash.
Founded in 2014, Coinsquare provides consumers the opportunity to trade fiat currency for a variety of cryptocurrencies.
In a press release, Thomas Jankowski, chief digital and growth officer, said:
“Cryptocurrency investors globally want a platform they can trust. 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 move marks the exchange’s first international expansion under the Coinsquare brand; however, it isn’t the company’s first step into the global cryptocurrency market.
Most recently, the company unveiled plans to power a Japanese exchange through Coinsquare Licensing in partnership with DLTa21, a global cryptocurrency investment bank.
According to CEO Cole Diamond:
“Entering on a massive market like the EU is an exciting step closer to Coinsquare’s vision of becoming a global 21st-century financial institution. Already the premier cryptocurrency exchange in Canada, we are careful in how we expand internationally to ensure we can offer the same high quality, secure service in every country we operate.
Other Fiat-to-Crypto Exchanges in Europe?
While Coinsquare didn’t reveal which forms of fiat currency it would accept, or which European countries would have access to the platform, other cryptocurrency exchanges are exploring the region.
Recently, Binance partnered with the Liechtenstein Cryptoassets Exchange to build a fiat-to-cryptocurrency exchange that will support trading between the euro, Swiss franc and “major” cryptocurrency pairs, as previously reported by CryptoSlate.
Cover Photo by Berkay Gumustekin on Unsplash