Swissquote makes Bitcoin trading available directly in mobile app

Maria Nikolova

Shortly after adding a dedicated Bitcoin section to its mobile solution, Swissquote makes Bitcoin trading available directly in the app.

Swiss provider of online financial and trading services Swissquote Group Holding SA (SWX:SQN) keeps enhancing the capabilities of the mobile trading solutions it offers to its clients.

On November 7, 2017, the company launched a new version of its Swissquote Mobile Trading application for iOS devices. The latest version of the solution (7.4) includes some fixes and is also ready for the new iPhone X. But those who get the most of the latest update are apparently the cryptocurrency fans, as Bitcoin trading is now available directly in the application.

The introduction of this capability has been expected since Swissquote added a dedicated Bitcoin section in its mobile apps in September this year. This was, in its turn, introduced a couple of months after Swissquote became the first online bank in Europe to offer Bitcoin investing. Swissquote customers got the opportunity to exchange Euros or US dollars for Bitcoins on the Swissquote platform. Customers may speculate on Bitcoin or use it to diversify their portfolios.

Regarding the enhancements to Swissquote’s mobile apps, let’s note that these does not concern cryptocurrency trading only. About a month ago, the company unveiled the launch of its own Chatbot that works on mobile devices in a move in line with a broader trend among financial services companies that seek to use robots for customer-facing tasks.

Swissquote is known for its passion for adopting the latest technology solutions. For instance, it has been offering robo-advisory services. Just as the name suggests, the robo-advisor is an electronic asset manager that can create a bespoke portfolio for a client and monitor it around the clock.

Another example of Swissquote’s efforts to push into the latest technology areas is the rollout of a virtual reality trading application earlier this year, in a move that made the company the first European bank to leave its mark in the world of virtual reality. The app enables the user to access the financial information in real time through the medium of VR.

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