Bitpanda and Coinmotion have joined forces to bring over 400 digital assets to Nordic users.
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Bitpanda Technology Solutions expands Coinmotion's crypto offerings to over 400 coins. The partnership aims to enhance user experience and security in crypto trading.
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Bitpanda Technology Solutions has partnered with Coinmotion, a top Finland-based crypto broker, to offer more than 400 digital assets to Nordic users, Bitpanda shared in an announcement on Wednesday.
The partnership aims to allow Coinmotion users to access a wider range of digital assets through the existing app. The company expects the improved crypto offerings to help increase user experience and revenue.
“This partnership allows Coinmotion to offer the widest selection of cryptocurrencies in the Nordic region, reflecting our commitment to innovation, the future of digital assets and, most importantly, user security,” said Lucas Inzersdorfer-Konrad, CEO of Bitpanda Technology Solutions. .
Both companies share a commitment to innovation and ensuring the safety of their users. Inzersdorfer-Konrad added that Bitpanda's technology platform has made it easy for Coinmotion to expand its offerings, including trading and security services.
Speaking about the partnership, Coinmotion CEO Antti-Jussi Suominin said that Bitpanda's technology will enable Coinmotion to increase its cryptocurrency offerings quickly and securely.
“With Bitpanda's technology and support, we will quickly and securely grow our offering to over 400 cryptocurrencies and continue to provide value to our customers with a user-friendly app and excellent customer service,” Suomin said.
The Nordic region has seen growth in crypto ownership and participation. An April study by K33 Research and EY found that approximately 1.5 million individuals in the Nordics own crypto, representing 7 percent of the adult population.
The trend is especially strong among the younger generation, more than 70% of Crypto owners are under 40 years old. The study projects that the number of crypto owners in the Nordics could reach 4.6 million in the next decade.
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