TORONTO--(BUSINESS WIRE)--Canada's leading cryptocurrency trading platform for Bitcoin, Ethereum, and other major cryptocurrencies, has announced the addition of XLM to its coin offering on Coinsquare.com. 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.
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.