Swiss banking group Swissquote launches Bitcoin trading

Swissquote, a leading European online banking group, has partnered with Bitstamp to enable its customers to trade with Bitcoin.

Swissquote customers are now both BTC/ It can trade between EUR and BTC/USD. The two companies hope to further develop their partnership in the future.

‘Partnerships like these increase confidence in Bitcoin’

Nejc Kodric, Bitstamp’s CEO, said that the partnership’s main focus of cryptocurrencies “Our partnership with Swissquote represents a leap forward in integrating Bitcoin with the traditional financial industry.. We are honored to work with such an important player.. Partnerships like these increase trust in Bitcoin. Due to the strong potential of digital currencies in a short time, traditional finance companies also want to be included in this world.”

Swissquote CEO Marc Burki said, “This is our first step into the Bitcoin world and therefore we wanted to work with a partner we can trust. ”

Indeed, the fact that companies like Swissquote have started to open Bitcoin trading to their customers indicates a growing trend towards making Bitcoin and Blockchain technologies the main components of the financial sector.

Former CEO of Barclays Anthony Jenkins recently warned that banks that do not adopt Blockchain technologies run the risk of being left out of the mainstream.

Finally, it recently became Switzerland’s first private bank. Falcon also announced that they have started to offer their customers the opportunity to trade with Bitcoin.

E-commerce company Alibaba to produce electric cars