Sunday, March 29, 2020

Coinsquare Expands Cryptocurrency Offering with Stellar Lumens (XLM)

Business Wire
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The addition of XLM brings the total number of coin offerings on
Coinsquare’s platform to 10

TORONTO–(BUSINESS WIRE)–#XLMcommunity–Canada’s leading cryptocurrency trading platform for Bitcoin, Ethereum,
and other major cryptocurrencies, has announced the addition of XLM to
its coin offering on XLM is the first coin from the
global payment system Stellar. XLM (commonly referred to as Stellar
Lumens) is known for facilitating the transfer of funds instantly around
the globe, and built on the premise that the world needs a worldwide
financial network open to everyone.

“Coinsquare aims to offer convenient and safe access to the
highest-quality cryptocurrencies through its platform,” said Cole
Diamond, CEO of Coinsquare. “XLM has been a highly requested asset which
we are thrilled to now be offering our customers. Since launching XRP
back in August 2018, we promised we would continue to deliver on
improving our digital currency offering on Coinsquare. The launch of XLM
showcases to the Canadian market that we are continuing to invest in our
offering, while maintaining our commitment to being the safest, most
trusted platform for digital currency trading in Canada.” The total
coins offered on Coinsquare is now 10, including 5 of the top 10 coins
by market cap.

Coinsquare’s response to BSV de-listing by other exchanges

Bitcoin SV (BSV), a forked digital currency formerly known as Bitcoin
Cash (BCH), has recently come under scrutiny by the blockchain community
and some major global exchanges have chosen to delist BSV. Coinsquare
has taken a different stance; “While every digital asset trading
platform has the right to play politics and express their own judgement
on coins, we only engage in the latter. Coinsquare will not be delisting
BSV” said Diamond. Additionally, in the coming weeks, Coinsquare has
decided to rename BAB to BCH, following the generally accepted ticker
symbol on other platforms.

About Coinsquare

Founded in 2014, Coinsquare is one of the world’s premier cryptocurrency
platforms for trading Bitcoin, Ethereum, and other cryptocurrencies.

Remaining consistently focused on transparency, risk mitigation, and
building an open-minded culture, Coinsquare is on a mission to grow into
a multi-faceted financial services company anchored in blockchain
technology, offering retail and institutional trading services for
cryptocurrencies and a set of cryptocurrency trade APIs for B2B.

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Coinsquare Media Team

(c)2018 Business Wire Inc., All rights reserved.
Original Release: Business Wire

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