Swissquote announced the launch of SQX cryptocurrency exchange – Bits Media

The Swiss company plans to offer customers competitive conditions and a safe trade environment, Available around the clock.

Initially, the Swiss leader in the field of online banking Swissquote reported
about the intention until the end of June to launch your own Cryptocurrency exchange. However, shocks in the cryptocurrency market of the first half 2022 year forced the company to postpone the opening date to October.

SQX management claims, that, unlike most of the cryptocurrency exchanges presented in the market, Their platform is a fully centralized trading platform, which function on the basis of long -standing bilateral relations with partners Swissquote. In this way, The SQX exchange gets the opportunity to aggregate liquidity from different centers and get the best conditions for demand and demand prices, explains the general director of Swissquote Mark Burka (Marc Bürki):

“Swissquote is at the forefront of innovation and is one of the first institutions in Europe with a banking license, offering cryptocurrency trading. The launch of our own crypto -tank is an important step forward in providing our customers with higher liquidity and faster performance ”.

At the launch stage for exchange operations on SQX, the Bancor Network token will be available (BNT). In the future, the exchange intends to expand the line of available crypto assets. For customers of the Swissquote trading platform, the interface will remain the same.

In February, the Swissquote Banking Group, specializing in online trading, said
On the expansion of the line of possibilities for investing in cryptocurrency, Having launched the TEZOS staying.