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Coinmotion announces private crypto banking service for Spain

June 16, 2020

In Spain, Coinmotion announced that it offers “premium on demand” services known as “private cryptobanking”. This was reported in a statement.

It should be remembered that the signature Coinmotion, Belonging to the Finnish group Prasos Oy, It is a company in Europe that is officially registered as a cryptocurrency operator by FIN-FSA (counterpart to CNMV in Spain) and has the payment license.

“This new service This is the result of growing interest from investors in traditional markets looking for an alternative asset class to diversify their portfolio and use cryptocurrencies as a hedge against inflation and the current monetary system.“You stated in the statement.

Coinmotion announces private crypto banking service for SpainCoinmotion announces private crypto banking service for Spain

Sami Kriikkula leads the expansion of the concept of personalized service in Europe “Private Cryptobanking” and said: “We are very satisfied with the interest of private customers in Cryptobanking in Finland, our country of origin. Also with the traction that we currently have in Spain, which we consider to be the primary market. This new service offers Coinmotion a high difference value on the market. We offer traditional investors from across the European Economic Area (EEA) looking for a reliable way to invest in this growing class of alternative assets, professional advice on how to participate in this ecosystem, and how to assess and control risk. “

Raúl López, Country Manager of Coinmotion in Spain, explained this The private crypto banking service is aimed at individuals and companies looking for a more personalized service for buying, selling and storing cryptocurrencies with a minimum capital of 10,000 euros.;; Understanding this legacy in the high segment of clients operating in crypto not related to managing the large wealth of private banking from traditional banking networks.

“The goal of this new service is to provide investors with a secure channel for cryptocurrency transactions, storage and use of international networks to provide additional services,” the statement said.

Coinmotion is also expanding its current network of agents in Europe. The company has more than 45,000 registered users worldwide and aims to reach 60,000 by the end of the year.

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