Online Bank Swissquote Posts $26 Million in Profits After Opening Bitcoin Investment Accounts

2018-8-1 05:18

Online banking service provider Swissquote has encountered soaring profits since offering customers Bitcoin trading accounts in July of last year. In a report published yesterday, the Swissquote Group posted profits of 25.

7 million CHF ($26. 01 million) in the first half of 2018, up more than 44% from the previous year. Swissquote has seen an increase […]. origin »

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swissquote profits million year online bitcoin accounts

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Key Swiss online bank posts increase their profits after providing Crypto investment to customers

In July 2017, the Swiss-based online bank was credited by many with becoming “the first” European online bank to launch Bitcoin (BTC) trading accounts for its clients. Finews attributes Swissquote’s bullish growth in Q1 2018 to a “brisk demand” for crypto products and the soaring fortunes of crypto markets earlier this year. Net new capital

2018-7-31 16:02


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