Frontnode announces future support for additional cryptocurrencies (Bitcoin, Ethereum, Cardano, XRP)
Tallinn, Estonia – Frontnode, the Estonian-licensed crypto exchange focusing on bitcoin only, announced today the future listing of prominent crypto assets ethereum, cardano, XRP and Dogecoin.
In a statement, Sirje Soo, the company’s CEO says: “Up until now, our focus has been to provide the most accessible way for users to invest in and use Bitcoin. Adding more currencies was always a part of our long term road map, and we are glad to say that we have finally reached the point where we will be able to provide more currencies. Our current expectations are that we will add the new currencies late in Q3 2022.“
The list of new listed coins are:
By continuing its relentless focus on easy, yet compliant KYC procedures, as well as AML, Frontnode aims to give the casual investor and everyday adopter of crypto the opportunity to try more forms of crypto without more compliance work than absolutely necessary.
The addition of new currencies marks a major step towards Frontnode becoming a safe haven for users trying to learn and explore, without risking so-called “rug pulls” and other external risks unrelated to the crypto asset itself.
Soo continues: “Our goal has always been to promote the adoption of crypto currencies. We want to make what sometimes can be seen as inherently complicated and hard to understand, accessible and low risk. Now that these currencies have reached a critical mass in terms of market capitalization, we feel that most of the risk in a longer perspective has largely disappeared. That is why we are comfortable to add these now and we look forward to seeing the response from our customers.”
Disclaimer: This is a paid release that was not written by Crypto Online News. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Crypto Online News. Crypto Online News does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.