Share

Switzerland-based online banking and trading firm Swissquote, announced a fully-integrated trading platform and depository wallet for cryptocurrencies. This is planned to be launched as soon as March 21, 2019, according to a press release published by the company.

Swissquote will allow retail and institutional customers to transfer cryptocurrencies from external wallets to their Swissquote accounts and vice versa.

The document says that Swissquote will become a fully-secured cryptocurrency trading platform that will be powered by the fintech company Crypto Storage AG.

Crypto Storage will offer its management cryptocurrency private keys solution that uses HSM, the hardware security modules system.

“Our HSMs are the same as those built for the Swiss National Bank and that nothing is outsourced or could allow for a backdoor to be built in,” Crypto Storage CEO Stijn Vander Straeten told CoinDesk.

Swissquote has been offering cryptocurrency trading services since 2017 when the Swiss company started to work with the five largest cryptocurrencies on the market.

Share this story