• The Dutch cryptocurrency exchange Finst announces the addition of 54 new major coins in EUR to its platform
• Amid crypto winter, Finst experienced a significant growth in trading volume since the beginning of the year, with assets under custody increasing by 90% in 6 months
• Following the addition of cryptocurrency deposits a few weeks ago, Finst also enabled the possibility to withdraw cryptocurrencies to personal wallets.

In response to a significant demand from investors, Finst announces the addition of 54 new major coins in EUR on its trading platform. With this addition, Finst’s coverage has more than doubled, with 100+ major cryptocurrencies available in EUR , thus offering more diversification opportunities to its clients. Some of the newly added cryptocurrencies include USDC, USDT, BNB, PAXG, COMP and FIL. To celebrate this news, Finst currently offers an exclusive 5€ welcome bonus to all investors opening an account before the end of October.

The company reported that it will continue to expand its coverage in EUR and enable trading pairs denominated in USDC and USDT in the near future. By enabling trading in USDC/USDT, Finst expects to offer over 300 trading pairs with institutional-grade liquidity and tight spreads.

Finst confirmed that it is also actively working on its on-chain staking service, which is expected to become available towards the end of 2023. Investors will be able to earn yield on their cryptocurrencies with full flexibility, while benefiting from some of the highest staking rewards in Europe.

Strong growth in trading volume and customers’ deposits

Despite a 45% decline in market volatility since the end of Q1 2023, Finst continues to gain significant market share in the Benelux thanks to its unique combination of maximum safety, transparency, and the lowest trading fees. The platform processed nearly 500.000 trades in 9 months and its trading volume increased by 25,2% between Q1 2023 and Q3 2023. Over the same period, Finst’s assets under custody soared by 90% due to a strong increase in customers’ deposits, while the total crypto market capitalization fell by 11%.

“Crypto investors have become more sensitive to the safety and transparency of their crypto investments, and they also seek diversification opportunities in a bear market. Our crypto Bundles, which is the first passive investment solution in Europe, has strongly contributed to our growth by making crypto more accessible to all investors who were looking for a simple index-like solution. Additionally, our systems have proven to be highly reliable, with no downtime experienced since our launch even during days of peak volatility. This unique proposition is ultimately what makes investors choose Finst as their primary crypto platform.” added Julien Vallet, CEO & co-founder.

Full wallet solution with cryptocurrency deposits & withdrawals

Recently, Finst also added the possibility for its clients to deposit and withdraw a broad range of cryptocurrencies on its platform. This full wallet solution enables investors to securely transfer digital assets in a few clicks and quickly react to market opportunities. Investors and traders can now benefit from the best of both worlds – institutional grade on-exchange custody with assets segregation in partnership with Fireblocks, as well as the possibility to self-custody their cryptos on their personal wallets such as Metamask or Ledger.

Julien Vallet, CEO & co-founder, commented: “We are humbled by the strong growth we have been experiencing since our launch, which reflects our commitment to setting higher standards in the crypto industry and providing a seamless and secure investing experience. In less than 3 months, we have published our Proof of Reserves, enabled crypto deposits and withdrawals, and more than doubled our assets coverage while maintaining the lowest fees in the market. We look forward to continue delivering on our mission at a rapid pace and unveil new products and services that will contribute to realizing our ambition of becoming the leading crypto investment platform in Europe.”