Blockchain

Frontnode announces future support for additional cryptocurrencies (ETH, XRP, Litecoin, Dogecoin)

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:

  • Ethereum
  • Litecoin
  • XRP
  • Dogecoin

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.”

Frontnode.com is owned and operated by LBXO Holding OÜ, company number 14746140, licensed by the Estonian FIU under license FTV000004. To learn more about the exchange, visit Frontnode.com.

Angela Scott-Briggs

Editor, TechBullion.com | Interested in Innovations in Business, Finance, and Technology .

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Angela Scott-Briggs

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