Canadian cryptocurrency platform Coinsquare announced on Thursday the addition of Stellar Lumens (XLM) to its coin offering. According to Coinsquare, XLM is the first coin from the global payment system Stellar and is known for facilitating the transfer of funds instantly around the globe, and built on the premise that the world needs a worldwide financial network open to everyone. Cole Diamond, CEO of Coinsquare, further explained:
“Coinsquare aims to offer convenient and safe access to the highest-quality cryptocurrencies through its platform. XLM has been a highly requested asset which we are thrilled to now be offering our customers. Since launching XRP back in August 2018, we promised we would continue to deliver on improving our digital currency offering on Coinsquare. The launch of XLM showcases to the Canadian market that we are continuing to invest in our offering, while maintaining our commitment to being the safest, most trusted platform for digital currency trading in Canada.”
Coinsquare also responded to Bitcoin SV (BSV) de-listing by other exchanges. BSV, which is a forked digital currency formerly known as Bitcoin Cash (BCH), has recently come under scrutiny by the blockchain community and some major global exchanges have chosen to delist BSV. Coinsquare has taken a different stance. Diamond stated:
“While every digital asset trading platform has the right to play politics and express their own judgement on coins, we only engage in the latter. Coinsquare will not be delisting BSV.”
Additionally, in the coming weeks, Coinsquare added it has decided to rename BAB to BCH, following the generally accepted ticker symbol on other platforms.