Finnish cryptocurrency operator Coinmotion, recently announced it is now expanding to Europe with a premium service. The Private Cryptbanking service is directed for private persons and companies looking for more personalized services for buying, selling, and storing cryptocurrencies. Coinmotion is a regulated Virtual Currency Service Provider and a Licensed Payment Institution by the Finnish Financial Supervisory Authority (FIN-FSA) offering
its services across EEA-countries.
Coinmotion is getting increasing interest from investors in traditional markets searching for an alternative asset class to diversify their portfolio and use crypto as a hedge against inflation and the current monetary system. After launching a crypto tax partnership with a dedicated Finnish tax advisory company last month, there is further development on-route.
Following Coinmotion’s Private Cryptobanking service team strengthening in April, the Finnish company is expanding its Private Cryptobanking services for international clients as well. Head of Private Crypto banking, Sami Kriikkula manages the expansion of the personalized service concept in Europe with the Coinmotion Private Cryptobanking team.
“I am very satisfied with the response from the Private Cryptobanking clients locally in Finland, but also the traction that we have currently in our other core market Spain. Private Cryptobanking service adds tremendous value especially to the traditional investors all over EEA, who are looking for a trustworthy way to invest in this growing alternative investment asset class, but at the same time lack the industry know-how to jump onboard and assess the risks in the industry.
Personalized service via a dedicated Account Manager offers a low barrier to entry for discussing and building basic knowledge about the markets. Coinmotion as a regulated broker on fiat payments and the virtual currency side, provides a traditional investment process and platform to trade and custody cryptocurrencies. We are also very keen on further expanding our service scope in the future with additional services,” comments Sami Kriikkula.
“The current economic fundamentals are at the extreme as a result of the Covid19 global economic shock. Negative GDP forecasts, increasing debt, increasingly larger stimulus packages, and turbulence in the stock market has created an unforeseen uncertainty towards the current and future health of the financial system, resulting investors to look beyond the traditional investment and assets classes, to assets which are less dependent on the outcomes of the government and central banks actions. As a result, we are seeing an increasing demand for gaining exposure to the cryptocurrency markets,” Sami continues.
Coinmotion Private Cryptobanking service in a nutshell
The service provides a wide selection of cryptocurrencies for buying and selling, execution of larger orders, and several additional services. Coinmotion’s Private Cryptobanking service includes:
● Personalized service with a dedicated Account Manager
● An exchange platform for instantly trade and custody of bitcoin, litecoin, ethereum, ripple and stellar
● Tailored individual content and market insights
● OTC trading through our international partners
● Fast and reliable fiat transactions and settlement with a Finnish custodian bank
Coinmotion is also expanding the current agent network in Europe. If you are interested in becoming an agent & co-operating with us, email contact@coinmotion.com.
You can also get further information on our Private Cryptobanking services by contacting: privatebanking@coinmotion.com.