Canadian cryptocurrency platform Coinsquare announced on Monday the launch of its new Quick Trade mobile app. The simple to use app makes buying and selling digital assets quick and convenient, with customers able to easily manage their portfolio of digital assets.
According to Coinsquare, The Quick Trade app — available in English and French — offers the following benefits and features:
- Simplified KYC process – get verified to trade within seconds
- Instant account funding via Interac e-Transfer
- No-fee e-Transfer deposits and withdrawals
- Commission free trades
- Easy portfolio management
- Swap between any two assets, with 15 pairings to start and many more to come
At launch, the Quick Trade app will offer Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), XRP and Bitcoin Cash (BCH), with many more digital assets to be onboarded over the coming months. Stacey Hoisak, CEO of Coinsquare, further stated:
“We are thrilled to announce the release of Quick Trade. This is just the first of many exciting new announcements to come. Quick Trade’s simple onboarding and easy-to-use interface offers Canadians a simple and secure way of investing in digital assets. Our new Quick Trade app is part of our commitment to offer Canadians the most user-friendly, comprehensive and secure investing experience.”
Founded in 2014, Coinsquare claims to be one of the world’s premier cryptocurrency platforms for trading Bitcoin, Ethereum, XRP, and other cryptocurrencies.
“Coinsquare is FINTRAC regulated, has secured an exclusive relationship with one of Canada’s Big 5 banks. Coinsquare remains focused on transparency, risk mitigation, and building a regulated and safe environment for the trading of digital assets.”
The new mobile app comes just a few months after Coinsquare announced it has appointed Nicholas Thadaney and Wendy Rudd to its Board of Directors/ According to Coinsquare, the appointment news follow the confirmation of Hoisak as Coinsquare’s new CEO, and the appointments of Lawrence Truong as CCO, and Eric Richmond as COO. Coinsquare further revealed it has also submitted a dealer membership application to the Investment Industry Regulatory Organization of Canada (IIROC) and an application to the Ontario Securities Commission (OSC) to operate Canada’s first regulated marketplace for digital assets.
“The proposed marketplace will provide automated trading systems bringing together institutional and retail orders from buyers and sellers of digital assets deemed securities under the Ontario Securities Act.”