Earlier today, Coinsquare, the largest cryptocurrency exchange in Canada announced a mass expansion across a number of countries within the European Union. Together, Coinsquare will now be available to customers in 25 new countries, all of which are located within the EU.

Coinsquare have claimed that this move increases the potential market share of the exchange by a massive 1,200%.

EU customers will be able to access all services provided by Coinsquare, meaning that they will be able to deposit and fund accounts, withdraw funds and trade/buy all of the cryptocurrencies offered by Coinsquare, which include; Bitcoin, Bitcoin Cash ABC, Bitcoin SV, Dash, Dogecoin, Ethereum, Litecoin and XRP, all of which can be traded against US Dollars, Canadian Dollars and for EU customers specifically, the Euro and the British Pound.

According to the official Coinsquare announcement, Cole Diamond, the CEO of Coinsquare has said:

"From our earliest days, Coinsquare has been focused on building the most compliant and secure trading business in the cryptocurrency space. After building a great deal of new infrastructure, achieving a successful third party financial audit, and securing top-tier Canadian banking, we felt the time was right to expand our offering to another market.”

Furthermore:

“We decided to begin with Europe given the size of the opportunity and our ability to offer something unique to that market. Europe is a rapidly-growing cryptocurrency market and the cryptocurrency community there is excited to have an option that puts security, compliance, and risk management at the forefront of its offering."

EU customers will also have access to a range of Coinsquare’s other services including Coinsquare Wealth Concierge, Coinsquare APIs and Coinsquare Capital Markets.

This is very exciting news for a growing exchange that is no doubt sure to see a huge surge in trading volume and popularity. With a huge new customer base now given the option to trade with Coinsquare, we can expect that the demand for new currencies to be listed within the exchange will increase significantly, meaning that it’s likely we will see a number of new cryptocurrencies listed by Coinsquare in the coming weeks and months. 2019 is set to be the biggest year yet for Coinsquare and it’s something to be very excited about.