In the first half of 2018 – after the start of trading with cryptocurrency – Swissquote, the largest Swiss online bank, gained 43.9% more profit than in the analogue financial period of the last year.

In the six months of this year, the bank's net profit was 25.7 million Swiss francs. Last year this indicator was 17.9 million Swiss francs .

Another important event for the bank was the increase in customer deposits by 20.6% ( to 25.5 billion Swiss francs), and new money investments increased by 60%. In addition, during this period, the total number of customer accounts increased by 6.3%.

Last year, Swissquote offered its customers the opportunity to use their trading accounts in euros and US dollars in exchange for Bitcoins. The institution was one of the first banks to announce the launch of the cryptocurrency trade.

In December, Swissquote added Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC) and Ripple (XRP) support.

Unlike other similar platforms, the Swiss bank has a conservative approach in risk management, and therefore does not offer customers the opportunity to trade using the “shoulder” support.