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Known for its high level of digitalization, Switzerland, it has not yet been able to boast of significant cryptocurrency trading platforms on the market. However, everything points to the fact that the country is increasingly turning to digital asset trading, including security tokens. From the new year, you will be able to obtain a FinTech license on the territory of Switzerland, which will allow citizens to receive deposits with a maximum value of up to 100 million CHF.

All major cryptocurrency exchanges offer users the option of depositing specific currencies for the sole purpose of executing transactions. Because the banks are responsible for depositing currencies, the Swiss stock exchanges are carried out primarily OTC transactions or offer the option of purchasing with immediate transfer of tokens to the wallet. Currently, however, several projects are being developed that will create more favorable conditions for trading in cryptocurrencies in Switzerland.

Eidoo project

One of such projects is simultaneously serving many different cryptocurrencies wallet Eidoo, an alternative trading platform, equipped with technology enabling offering to users security tokens. Successful development STO it foresees, among others the position of the Swiss Federal Council, which recognized technology blockchain as very important for securities trading, announcing at the same time legislative changes favorable for creating favorable infrastructure for building banking financial infrastructure. In the long run, this may lead to the launch of further platforms offering security tokens.

However, only authorized entities may enter the alternative trading platform. Other users, including natural persons, will be able to participate only in an organized trading system or in peer-to-peer platforms, but possess all functions appropriate for authorized platforms. Their limitation is that they can not share order books or execute orders not available on the market. On the one hand, it is important to diminish the functionality, but it should also be noted that it allows you to offer completely decentralized services without intermediaries. However, the Federal Council announced the development of an appropriate regulation that will allow unauthorized parties to participate in alternative trading platforms.

5 / 5 - (2 votes) is a cryptocurrency site run by a crypto team of enthusiasts. The main area of ​​our interest are cryptocurrencies, tokens, personal tokens as well as blockchain technology. On the pages of our website we will present independent cryptocurrency reviews and interesting articles from the market. In addition, we present the current rates of all critics. The site also has a multi-functional cryptocurrency calculator as well as traditional currencies.

The information published on the cryptocurrency website are not financial recommendations and do not constitute investment recommendations within the meaning of the Regulation of the Minister of Finance of 19 October 2005 on information being recommendations regarding financial instruments, their issuers or issuers (Journal of Laws of 2005, No. 206, item 1715). The information published on the pages of the portal does not constitute an offer. is not responsible for any decisions taken under the influence of data presented on the Website. Portal does not bear any responsibility for the possible use of information on the website.

Investments in OTC market instruments, including currency exchange rate (CFD) contracts, due to the use of the leverage mechanism, entail the possibility of incurring losses exceeding the value of the deposit. It is not possible to make a profit on transactions on OTC instruments, including currency exchange contracts (CFDs) without risking a loss, therefore contracts for exchange differences (CFDs) may not be suitable for all investors.

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