Cryptocurrency exchanges

Canadian crypto exchange Coinsquare launches ‘Quick Trade’ mobile app

Canadian crypto exchange Coinsquare launches 'Quick Trade' mobile app

Canadian crypto exchange Coinsquare launches 'Quick Trade' mobile app  

Coinsquare, a Canadian crypto exchange platform, today announced the launch of its new Quick Trade mobile app. The simple to use app makes buying and selling crypto-assets quick and convenient.

At launch, the Quick Trade app will offer Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), XRP, and Bitcoin Cash (BCH), with more assets to be onboarded over the coming months.

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
  • Coinsquare recently announced new appointments to its board and executive team. The newly appointed directors and executive team have extensive backgrounds in Canadian securities regulation, investment dealer operations, and regulated marketplaces.

    Coinsquare Capital Markets Ltd. (CCML) also recently 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 a 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.

    Those interested can download the Quick Trade app for iOS on the Apple App Store and for Android on Google Play.

    Source: www.cryptoninjas.net


    Major Malaysian financial firm to invest in regulated crypto exchange

    Major Malaysian financial firm to invest in regulated crypto exchange

    Kenanga Investment Bank Berhad, one of the largest financial services companies in Malaysia, is moving into the cryptocurrency industry with a new investment.

    According to an official Feb. 8 announcement, Kenanga has entered into a conditional agreement to acquire a 19% equity stake in a licensed crypto exchange. The investment was facilitated through Kenanga’s fully-owned private equity arm Kenanga Private Equity.

    According to the agreement, Kenanga will invest in Tokenize Technology, the operator of local crypto exchange Tokenize Xchange. Offering trading services for major cryptos like Bitcoin (BTC) and Ether (ETH), the platform is one of the three licensed digital asset exchanges regulated by the Securities Commission Malaysia. According to Kenanga, Tokenize Xchange is the second-largest digital asset exchange in terms of market share in Malaysia.

    Datuk Chay Wai Leong, group managing director of Kenanga Investment Bank Berhad, said, “We have been building a digital ecosystem to offer our customers a wide spectrum of financial products and services, including digital assets.”

    “Our interest in digital assets goes beyond Bitcoin and other commonly traded cryptocurrencies. We believe that the technology behind digital assets is very powerful and the emergence of digital assets in the future is inevitable,” he added.

    A spokesperson for Kenanga Investment Bank Berhad declined to provide further details regarding the investment.

    Kenanga is one of the largest financial services companies in Malaysia, reportedly owning Malaysia’s largest independent investment bank by equity trading and volume. The company is a known partner of Japanese crypto-friendly retail giant Rakuten, providing a joint online stock trading platform, Rakuten Trade, in Malaysia.

    In late 2020, Malaysia adopted new digital asset-related guidelines by the Securities Commission Malaysia. Targeting digital asset custodians and initial exchange offerings, the rules aim to promote “responsible innovation in the digital asset space” as well as managing potential risks and safeguarding the interests of issuers and investors.

    Source: cryptomoneyteam.co

    Author: By TeamMMG


    Major Malaysian financial firm to invest in regulated crypto exchange

    Major Malaysian financial firm to invest in regulated crypto exchange

    Kenanga Investment Bank Berhad, one of the largest financial services companies in Malaysia, is moving into the cryptocurrency industry with a new investment.

    According to an official Feb. 8 announcement, Kenanga has entered into a conditional agreement to acquire a 19% equity stake in a licensed crypto exchange. The investment was facilitated through Kenanga’s fully-owned private equity arm Kenanga Private Equity.

    According to the agreement, Kenanga will invest in Tokenize Technology, the operator of local crypto exchange Tokenize Xchange. Offering trading services for major cryptos like Bitcoin (BTC) and Ether (ETH), the platform is one of the three licensed digital asset exchanges regulated by the Securities Commission Malaysia. According to Kenanga, Tokenize Xchange is the second-largest digital asset exchange in terms of market share in Malaysia.

    Datuk Chay Wai Leong, group managing director of Kenanga Investment Bank Berhad, said, “We have been building a digital ecosystem to offer our customers a wide spectrum of financial products and services, including digital assets.” 

    “Our interest in digital assets goes beyond Bitcoin and other commonly traded cryptocurrencies. We believe that the technology behind digital assets is very powerful and the emergence of digital assets in the future is inevitable,” he added.

    A spokesperson for Kenanga Investment Bank Berhad declined to provide further details regarding the investment. 

    Kenanga is one of the largest financial services companies in Malaysia, reportedly owning Malaysia’s largest independent investment bank by equity trading and volume. The company is a known partner of Japanese crypto-friendly retail giant Rakuten, providing a joint online stock trading platform, Rakuten Trade, in Malaysia.

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    In late 2020, Malaysia adopted new digital asset-related guidelines by the Securities Commission Malaysia. Targeting digital asset custodians and initial exchange offerings, the rules aim to promote “responsible innovation in the digital asset space” as well as managing potential risks and safeguarding the interests of issuers and investors.

    Source: cryptotimeless.com

    Author: by admin


    Canadian crypto exchange Coinsquare launches 'Quick Trade' mobile app

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