Swiss bank launched four more cryptocurrencies trading

Swissquote bank made Ethereum, Litecoin, Ripple and Bitcoin Cash available for trading additionaly to previously launched Bitcoin 
18 December 2017   853

Swissquote, a Swiss banking group specialising in the provision of online financial and trading services, has made an announcement on December 18 stating that it launched trading of Ethereum, Litecoin, Ripple and Bitcoin Cash in addition to Bitcoin which has been offered for trading since July 2017.

Transaction amount (EUR or USD) Fees (%)
5 - 10'000 1%
10'001 - 50'000 0.75%
50'001 - 500'000 0.5%

Our Bitcoin trading offer and certificate have been a big success and exceeded our expectations. We are expanding our offer to help investors diversify in cryptocurrencies, just like they do in traditional securities. Cryptocurrencies are increasingly popular, more quickly than anyone expected. By offering them on our platform, investing in cryptocurrencies becomes simpler, safer and accessible to all.

Marc Bürki
CEO, Swissquote

Cryptocurrency trading is available for the users who hold a Swissquote trading account with cash in EUR or USD, while CHF is not available yet. Custody fees, stamp tax and stock exchange tax are not applied, and performance graph is stated to be added to the resource later.

DFINITY to Postpone Internet Computer Launch

The project is currently assessing the time frame for the completion of the MVP
14 December 2018   88

The blockchain project Dfinity reported in its blog postponing the launch of its main product.

Previously, Dfinity chief scientist Dominic Williams said that his company intends to create an “Internet computer that will become cloud 3.0”, compete with Google Cloud and Microsoft Azure, and also change the face of the blockchain industry.

According to him, the project team is developing a technology that has 150 higher performance than Ethereum blockchain and 900 times - Bitcoin. In essence, the project creates a “giant Internet computer”, whose work will be supported not by one company, but by all participants of the Dfinity protocol.

Initially, the release of a minimum viable product (MVP) was planned for the first quarter of 2019. However, according to company representatives, working on a trimmed version may slow down progress in creating a complete product.

The project is currently assessing the time frame for the completion of the MVP. Also, noted in Dfinity, before the end of the first quarter a new set of development tools (SDK) will be released, which will shed light on the future plans of the company.

In August, the Dfinity Foundation attracted $ 102 million of investments in the framework of a closed tokensale. Prior to this, at the beginning of the year, the Dfinity Foundation raised $ 61 million from Andreessen Horowitz and Polychain Capital.