RATE Group | Coinsquare Becomes First Cryptocurrency Trading Platform to Secure Relationship With a B…
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Coinsquare Becomes First Cryptocurrency Trading Platform to Secure Relationship With a B…

01 Oct Coinsquare Becomes First Cryptocurrency Trading Platform to Secure Relationship With a B…

Posted at 05:08h in Cryptocurrency News by

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Most cryptocurrency companies operate in the wild west of the financial world, deprived of the security of traditional financial markets. However, Canadian crypto firm Coinsquare is bringing the fiat-based financial world closer to the digital currency sector. Coinsquare becomes the first crypto company in Canada to secure a banking relationship with one of Canada’s Big 5 banks. It has also recently completed a third-party audit.

Entering the Formal Banking Sector

Coinsquare’s partnership with the Big 5 Canadian bank will help in streamlining the process of depositing and withdrawing funds for users. It will also help in creating a strong foundation for the platform to grow globally. Cole Diamond, Coinsquare CEO, commented on the achievement, saying:

“This is a tremendous boost not only for Coinsquare but for the entire Canadian cryptocurrency industry. At Coinsquare, our motto has always been to ‘Do Digital Currency Right.’”

He went on to say that this…

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