Coinsquare is a cryptocurrency trading platform based in Canada. Over time, it has become the premier virtual currency trading platform to partner with Big 5 Canadian banks. As a result, the platform has become the first and only Canadian cryptocurrency trading platform to achieve that feat. Moreover, the aim of this business relationship is to enable users to deposit and also withdraw funds, which forms a major part of Coinsquare’s growth strategy.
Coinsquare Has Achieved Unmodified Opinion
Coinsquare earlier achieved a major cheat. The feat is that it became the only digital currency trading platform to successfully complete an independent financial statement audit. What does this mean? This means that Canada’s national accounting comprehensively audited Coinsquare’s financial statement. In the end, it achieved an “unmodified opinion,” meaning that its financial statements are devoid of any form of material misinformation. In turn, this is beyond valuable as it sends the message to the rest of the world that they are very honest in their dealings.
Coinsquare Is Steadily Growing
Apart from achieving such an institutional feat, Coinsquare is growing exponentially. Without a doubt, 2018 has been exceptional for the platform as it has maintained an uptrend in its growth trajectory. In early September 2018, professional networking site LinkedIn recognized it as the second most sought-after startup. LinkedIn based its ranking on the data gathered from the 575 million users around the world, which earned the platform the label of the fastest-growing startup on its list. Industry experts say that there are key factors propelling the trading platform’s growth. These factors are risk mitigation, open-mindedness, and also transparency. From all indications, it is apparent that Coinsquare is on a mission – to branch out into blockchain-based financial services sector.
Officials Give More Insight
The chief executive officer of the company, Cole Diamond, explains what the feats mean for them and also the industry. He said that the success of Coinsquare is a major boost for the entire Canadian cryptocurrency industry. On the motto of the company, the CEO disclosed that it is to “Do Digital Currency Right.”
Indeed, he pointed out that the firm is excited to partner a major Canadian bank. Diamond said that it shows how institutional third-party firms trust their crypto-business approach. The chief executive added that they are particularly thrilled due to what the partnership means for their partners.
Ken Tsang, Coinsquare’s Chief Financial Officer, spoke on the achievements and also supported the points of the CEO. Tsang explained that the two feats speak volumes about Coinsquare being “the most trusted cryptocurrency platform in the world.”
RISK DISCLOSURE
This article should not be taken as, and is not intended to provide, investment advice. Users are ultimately responsible for the investment decisions he/she/it makes based on this information. It is your responsibility to review, analyze and verify any content/information before relying on them. Trading is a highly risky activity. Do consult your financial adviser before making any decision. Please conduct your thorough research before investing in any cryptocurrency and read our full disclaimer.
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